Gold price dropping hard

Early-week gold trade is seeing a large fall in price. 

Oil is down, commodities more generally looking in trouble if gold is anything to go by. 

The moves so far do not auger well for the "commodity currencies". Of the majors, AUD, CAD and NZD all a little lower. 

'Risk' more generally is seeing an early-week wobble. 

Invest in yourself. See our forex education hub.


August 09, 2021 at 10:52AM
Eamonn Sheridan
https://ift.tt/3s0r70D