published: Friday, May 17, 2020
These pages contain forward-looking statements, which are subject to risks and uncertainties. The markets and instruments featured on this page should only be used for informational purposes and not as a recommendation. Before making any investment decision, you should conduct your own research. FXStreet cannot guarantee that the information provided is error-free or free of material misstatements. This information cannot be guaranteed to be timely. Open Markets investing involves significant risk. This includes the possibility of losing all or part of your investment as well as experiencing emotional distress. You are responsible for all risks, costs, and losses associated with investment, including the total loss of your principal. The opinions and views expressed in this piece are those of its authors, and may not reflect FXStreet or its advertisers’ official policies. The author is not responsible for the information found at links on this page.
The author does not hold any position in any of the stocks mentioned in this article. He also has no business relationship whatsoever with any of the companies mentioned. This article was not written for compensation by the author, but rather FXStreet.
FXStreet or the author does not make personalized recommendations. The author does not make any representations about the accuracy, completeness or suitability this information. FXStreet or the author are not liable for errors, omissions, or any injuries, damages, or losses arising from its display or usage. Except for errors and omissions.
This article does not contain investment advice. The author of this article and FXStreet do not hold any investment advisor registrations.
Editors’ Choices
EUR/USD falls to 1.0850 after modest USD recovery
After a modestly lower closing on Thursday, EUR/USD remains under modest bearish influence and trades around 1.0850. Investors will continue to closely monitor comments made by Federal Reserve officials in the absence of macroeconomic releases.
EUR/USD News
The GBP/USD remains above 1.2650 after earlier decline
The GBP/USD pair is moving higher after it fell to a low of below 1.2650 during the European session last Friday. The US Dollar is holding its ground after the selloff that followed the April inflation data, making it difficult for GBP/USD to continue its recovery. Later in the day, Fed policymakers will speak.
GBP/USD News
Gold reaches multi-week highs of $2,400
Gold gained bullish momentum, and reached its highest level since nearly a week above $2400. The 10-year US benchmark yield is stable at 4.4%. However, the cautious market stance helps XAU/USD to continue its upward trend into the weekend.
Gold News
Source: FXStreet