Items filtered by date: March 2020

After moving higher over the three previous sessions, treasuries gave back some ground during the trading day on Tuesday. Bond prices climbed off their worst levels after an early move to the downside but remained in negative territory. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, rose by 2.8 basis points to 0.698 percent. The pullback by treasuries came as separate reports on consumer confidence and Chicago-area business activity showed deteriorations in March but still came in well above economist estimates.
Published in FOREX NEWS
Tuesday, 31 March 2020 21:28

Gold Futures Settle Lower Again

Gold prices declined sharply on Tuesday, extending recent losses, after the dollar edged higher, and equities firmed up on strong Chinese manufacturing data. The dollar index was up 99.95 early on in the session, and after falling to 98.99 by noon, recovered to 99.50 before faltering again. Gold futures for June ended down $46.60, or about 2.8%, at $1,596.60 an ounce. On Monday, gold futures for June ended down $10.90, or about 0.7%, at $1,643.20 an ounce
Published in FOREX NEWS
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