Forex News

Key information updates for profitable trading

Gold adds as greenback dives on Powell
Gold adds as greenback dives on Powell

On Wednesday, the yellow metal faced its greatest one-day profit for more than a month, with Act One of the Federal Reserve and Act Two expected to be uncovered tomorrow…

Yellow metal breaks below $1,200 once again
Yellow metal breaks below $1,200 once again

Anxiety over the US-China trade conflict and Brexit is keeping the yellow metal’s $1,200 perch alive, notwithstanding the evergreen buck trying to gain leverage against gold on the same fears…

Gold goes down on soaring greenback
Gold goes down on soaring greenback

On Monday, gold slipped a bit because the USD index rallied to its highest value for more than 17 months, thus affecting gold’s demand…

Gold inches down
Gold inches down

On Tuesday, the yellow metal declined, while the evergreen buck managed to rally a bit ahead of the American midterm elections, as market experts guess a Republican win would have the American dollar underpinned, while hurting commodities…

Gold rallies just by 2% in October
Gold rallies just by 2% in October

Active profit-taking on the yellow metal’s run in October left gold with a modest 2% profit as it concluded October trade on Wednesday…

Gold rebounds from 3-month maximum
Gold rebounds from 3-month maximum

On Wednesday, gold dived from a three-month maximum because weakness in the common currency and pound pushed the greenback to a nine-week peak…

Gold is intact
Gold is intact

On Monday, gold was nearly intact having reported three-straight winning weeks, as market participants prepared for Friday’s reports on American third-quarter surge, while monetary policy decisions this week from the ECB  and Bank of Canada are going to…

Gold inches up
Gold inches up

On Thursday, gold ascended because bullish traders took the Fed’s latest hawkish remark in stride and also targeted the $1,250 level for the purpose of recapturing ground lost earlier in the year…

Gold goes down
Gold goes down

On Wednesday, gold sank after a two-day rally because a strengthening greenback took some of the bullish support from the yellow commodity because the Fed uncovered details from its latest policy gathering…

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