Gold drops sharply

Note: This section contains information in English only.
Source: Dukascopy Bank SA
On Wednesday, the price for gold dropped more than 1.50%, as a larger surge of the US Dollar occurred. Namely, stocks and other assets dropped in price, as the USD gained strength. 

The surge of the USD was attributed to an asset sell off starting prior to the upcoming US election, as investors were liquidating their positions and moving to cash to avoid volatility and risk.
Back to articles

Actual Topics

Fri, 30 Oct 2020 13:49:23 GMT

Alphabet beats earnings forecast

At the start of Friday's US trading, the stock price of Alphabet surged by more than eight percent. 

Wed, 21 Oct 2020 11:53:36 GMT

US Dollar drops on stimulus talks

Since Tuesday, October 20, the US Dollar has been depreciating actively against the Japanese Yen. The USD/JPY currency pair has already lost 0.83%.

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.