News & Analytics

Find out what hours the market's closed on February, 17.

With the markets undergoing the risk reset momentum, USDCAD fails to extend the previous day's recovery and stays below 10-day SMA.

The fresh wave of risk aversion takes clues from Hubei's increased coronavirus cases, based on new methods, as well as more numbers of cases registered abroad, this has added strength to the US dollar versus its European counterpart.

In addition to the failure to cross 23.6% Fibonacci retracement, a bearish candlestick formation also spoke for the bullion's latest pullback.

China's January month CPI registered the strongest pace of increase since October 2011 on Monday.