ForexLive Asia FX news wrap: Gold, silver buying again in Asia – ForexLive

Forex news for Asia trading
Tuesday 28 July 2020

Demand for the precious metals
continued in Asia today with gold touching $1980 and silver $26. The
FOMC meeting is today (and Wednesday) and an even more dovish Fed is
expected. Investors are not seeming to be meekly awaiting the outcome
with widespread USD selling in past days although currency moves here
in Asia were muted compared with those for gold and silver.

Bitcoin – it trade quickly higher also, to circa $11,400 before
coming to a halt and retracing somewhat.

Washington we had news on what appears to be an inching forward of
stimulus negotiations with Pelosi indicating Dems would continue to
work with the US Senate towards a compromise to get
more economic relief stimulus through. Apart from this there was
little news nor data of impact.

TradeOn Summit is on right now – check it out here to register and
(its ForexLive, so its free!)

Let’s block ads! (Why?)

Scalping Strategy Course (DVD + Online) - $299.00

In the much anticipated Forex Scalping Strategy Course, Vic and Sarid show you short-term focused techniques and strategies to make quicker profits while reducing market exposure.

Forexmentor Coach's Corner First Month (Online) - $149.00

The Coach's Corner offers 2 live sessions per week, an integrated approach to trading, FREE access to the VicTrade video course and Darko's Pattern Trading Video Lessons.

Source link

Have your say