The pair is correcting upward in anticipation of the final monetary policy decision by the Bank of Canada. It also supports the correction of crude oil prices.The pair may receive local support due to these two factors before turning down again.
Technical side:
The price is above the middle …
The fluctuation of the US dollar in a narrow range tilted toward the decline during the Asian session to witness the highest since the beginning of this April, when he tested the lowest since 18 March last against the Japanese yen amid the scarcity of economic data by the Japanese …
Gold price futures fluctuated in a narrow range that tilted back down during the Asian session to witness its bounce for the second session from its highest since October 5, 2012, when it tested the highest for it since November 9, 2011, amid the rise in the US dollar index, …
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