Japanese Yen: USD/JPY (JPY=X) trend is likely to continue because of uncertainties over U.S.-China trade relations

Japanese Yen: USD/JPY (JPY=X) trend is likely to continue because of uncertainties over U.S.-China trade relations The Dollar/Yen closed lower for the first time in three weeks in reaction to several factors including mixed central bank decisions, lower Treasury yields and a drop in demand for higher risk assets. The primary catalysts behind the weakness…

Fresh comments from Federal Reserve officials may influence the price of Gold 1 OZ (XAU=X)

Fresh comments from Federal Reserve officials may influence the price of Gold 1 OZ (XAU=X) Fresh comments from a slew of Federal Reserve officials may influence the price of gold as there appears to be a growing dissent at the central bank. FUNDAMENTAL FORECAST FOR GOLD: NEUTRAL The price of gold slipped to a fresh monthly-low ($1483) as…

United States Oil (USO) prices rise supported by supply risks brought about by the drone attacks on Saudi oil infrastructure

United States Oil (USO) prices rise supported by supply risks brought about by the drone attacks on Saudi oil infrastructure Oil prices rose slightly on Thursday, supported by supply risks brought about by last weekend’s drone attacks on Saudi oil infrastructure and a cut in U.S. interest rates. Brent crude futures gained 72 cents to $64.33…