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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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Gold falls ahead of Fed meeting

rocky
rocky
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Posts : 235185
Join date : 2012-12-21

Gold falls ahead of Fed meeting Empty Gold falls ahead of Fed meeting

Post by rocky Tue 26 Jul 2016, 2:21 am

[ltr]Gold falls ahead of Fed meeting[/ltr]

 Since 07.26.2016 at 08:51 (Baghdad time)
[ltr]Gold falls ahead of Fed meeting 11[/ltr]

[ltr]Follow-up - the balance of News[/ltr]
[ltr]Gold prices fell on Tuesday, with continued as investors booked profits ahead of a meeting of the Federal Reserve, "the US central bank," which may indicate more optimism about the US economy, and alludes to raise interest rates any time soon, according to analysts.[/ltr]

[ltr]By 4:15 am GMT, the decline in the spot gold price 0.32% to $ 1322.90 an ounce, "ounce" 
And revealed the US August gold futures to $ 2.5 or 0.3% for the delivery of settlement price of $ 1318.2 per ounce.[/ltr]

[ltr]And silver fell in the spot transactions 0.05% to $ 19.64 an ounce.[/ltr]

[ltr]In spite of the decline in the gold dollar index fell 0.08% against the basket of major currencies to 97.20, after recorded its highest level in three months.[/ltr]

[ltr]Karim Ragheb currency markets analyst, said in a press statement that "the trading of gold and the dollar dominated by caution in anticipation of the Fed's decisions, which will begin meeting late today amid speculation for higher interest.[/ltr]

[ltr]Among unwilling to gold if he can stabilize the highest of $ 1320 area next sessions will be heading to the major resistance at $ 1337 and started penetrating runs boarding areas to $ 1374.[/ltr]

[ltr]Ragheb said the major currencies against the US dollar index is moving in the range is remarkably as a result of watching the outcome of the Fed meeting.[/ltr]

[ltr]He advised traders unwilling to wait and deal sizes are relatively few trading due to the seriousness of the potential oscillation.[/ltr]

[ltr]The Federal Reserve begins its meeting on policy, on Tuesday, and will last for two days, investors are awaiting any signs may accelerate GMT first increase in interest rates ".anthy 29 / p 18[/ltr]


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