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If you’re holding gold and watching the price move, deciding when to sell can feel even more difficult than deciding when to buy. Sell now and the price might keep climbing without you. Wait, and a pullback could erase gains you had theoretically made. That uncertainty is often what keeps people holding indefinitely, waiting for a moment that never quite feels right. The honest answer is that there’s no single right time to sell gold that applies to everyone. It depends on why you bought it, what you need the money for, and whether you’re happy with the return you’ve…
MUFG’s Lee Hardman highlights that EUR/USD is trading just above 1.1400, testing the bottom of its 1.1400–1.1800 range. The Euro has faced selling on weaker data and reduced ECB hike expectations, but recent indicators show resilience. Stronger industrial output and improving confidence lead MUFG to see scope for EUR/USD to move back towards the top of the range as the ECB delivers one final hike.Euro resilience within established range”EUR/USD is trading just above the 1.1400-level at the start of this week after one failed attempt break below on sustained basis at the end of last month. The pair is currently…
U.S. stock-index futures gained on Sunday, with Wall Street looking to extend last week’s gains.
The Kiwi Dollar clears the 0.5700 figure on Friday, clings to gains of over 0.22% against the Greenback after hitting a daily low of 0.5689. At the time of writing, the NZD/USD trades at 0.5709.NZD/USD Price Forecast: Technical outlookThe NZD/USD remains technically bearish, even though interest rate probabilities suggest the Reserve Bank of New Zealand could raise rates at least twice. However, in the short term, the leg-up would test an support-trendline-turned resistance at around 0.5750.The Relative Strength Index (RSI) is rising, suggesting buyers are gaining traction, but it remains below the 50-neutral level. Hence, the overall trend is downwards.For…
While some collectors may plan to hoard their physical media, one Columbus gamer decided to liquidate his collection
UOB’s Quek Ser Leang notes that USD/CNH has seen a slight pickup in downward momentum, but still expects the pair to remain range-bound. The bank now looks for a lower intraday band around 6.7820–6.7940, while its 1–3 week view stays neutral, with USD/CNH likely to trade between 6.7750 and 6.8080.USD/CNH seen holding defined ranges”24-HOUR VIEW: Two days ago, USD traded within a range of 6.7911/6.8025 and closed little changed at 6.7948 (+0.05%). Yesterday, we indicated that “the price action provides no fresh clues, and we continue to expect USD to trade between 6.7860 and 6.7990.” USD then traded within a…
Why it’s a good month to save on streaming, despite the return of ‘Enola Holmes’ to Netflix and ‘Silo’ to Apple
The upcoming week will bring a fresh test for major currency pairs as investors return from the US Independence Day holiday and continue to digest weaker US labor market data. The release of the last Federal Open Market Committee (FOMC) minutes and Initial Jobless Claims will test the US Dollar’s (USD) resilience.The US Dollar Index (DXY) trades lower near the 100.90 price zone and is set to finish the week with a 0.50% loss. The Greenback will now focus on a relatively light but important United States (US) calendar. Monday will bring the final S&P Global Services PMI and ISM…
As Cape Verde faces off against Lionel Messi and Argentina tonight, here’s a look at what could be next for the breakout World Cup star
Timing the gold market is one of the most common concerns for new and experienced buyers alike. When the gold price is rising, it feels like you have missed the opportunity. When it falls, it feels like it might fall further. The result, for many people, is waiting indefinitely for a moment that never quite feels right. The honest answer is that gold’s long-term track record makes the timing question less important than it first appears. Over decades, gold has preserved wealth through inflation, currency crises, and periods of economic uncertainty that no buyer could have predicted in advance. Investors…