empty
 
 
You are about to leave
www.instaforex.eu >
a website operated by
INSTANT TRADING EU LTD
Open Account

25.02.202114:34 Forex Analysis & Reviews: Analysis of Gold for February 25,.2021 - Sellers in control and potential for test of $1.765

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.
ECB's Lane: ECB is closely monitoring the evolution of long-term nominal bond yields

emarks by ECB chief economist, Philip Lane

  • We will need to provide ample monetary accommodation for an extended period

It didn't work with Lagarde earlier in the week, it isn't going to work here. As long as Treasuries continue to steepen, European bond yields will also face a similar phenomenon.

At the highs today, 10-year bund yields reached its highest level since June last year:

Further Development

Exchange Rates 25.02.2021 analysis

Analyzing the current trading chart of Gold, I found that the sellers are in control and the price is heading towards our main downside target at $1,765.

Petar Jacimovic
Analytical expert of InstaForex
© 2007-2024

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.




You are now leaving www.instaforex.eu, a website operated by INSTANT TRADING EU LTD
Can't speak right now?
Ask your question in the chat.

Turn "Do Not Track" off