Investing in COBALT: is it still time?
COBALT: an incredible 100% in 2017. Why investors are betting on this metal and is it still time to buy cobalt?
News Latest News from the Forex World
Silver and Gold are running again
Waiting for the Fed...
Gold is strengthening despite the recovery of the US Dollar
The yellow metal reached a new 3-month high at $1,240
Gold still dancing close to $1,200
After the rally of the first 15 days of the year, gold declined to $1,180 last week. Today, on the first trading sessions of this week, the yellow metal is recovering, trying to approach, once again, the key area of $1,200
Analysis Analysis of the major Forex markets
Another good start of the year for gold
As already it happened in 2015 and in 2016, the yellow metal shows some bullish seasonality in the first weeks of the year.
A two-face year for the yellow metal
Gold price reached in the summer a 28-month high above $1,370, before surprising investors with a strong bearish rally which pushed prices below $1,200.
The Dax is overtaking November 2015 high
We said couple of weeks ago “The DAX is waiting for a direction”. The direction arrived in the first few days of December, with a strong positive impulse
The Cable falls below 1.24
The big excape from Gold
Gold is still suffering after the Federal Reserve increased the officials interest rates last Wednesday and reached a new 10-month-low at $1,122.
Silver is trying to rebound
The strength of the US dollar punished the gold in the last few weeks, The silver price reaction was different, holding better than the yellow metal.
Glossary
GBP
It is the currency code for British Pound, also called the pound or the sterling. Its symbol it is £.
HUF
It is the currency code for the Hungarian Forint.
MXN
It is the currency code for Mexico Peso