Forex News

Key information updates for profitable trading

Crude gives up early revenues, although market is still backed
Crude gives up early revenues, although market is still backed

On Wednesday, crude prices gave up some early revenues because experts warned of a downward correction, although remained well backed on the back of tightening supply as well as strong global demand Tighter fundamentals have raised both benchmarks…

Gold rebounds from 4-month maximums
Gold rebounds from 4-month maximums

On Wednesday, gold slumped in early trade, rebounding from its strongest value for four months because the evergreen buck soared versus a currency basket…

Brent reaches $70 on output cuts
Brent reaches $70 on output cuts

On Monday, Brent crude rallied to $70 a barrel, underpinned by everlasting output cuts led by OPEC as well as Russia, and neglecting a soar in the US and also Canadian drilling activity, pointing to higher future output in North America…

Gold edges up in Asia on inflation views
Gold edges up in Asia on inflation views

On Monday, gold soared in Asia, with a holiday ahead in America keeping minor trade and financial markets waiting for further clues on inflation in 2018 as debate steps up over the extent of potential price leaps worldwide…

Gold sags in Asia as BOJ and PBOC are eyed
Gold sags in Asia as BOJ and PBOC are eyed

On Thursday, gold dived a bit because market participants debated the prospect of China steeply reducing purchases of American Treasuries and whether the BOJ is braced for inching forward on a way out of its hawkish monetary policy…

Gold dives in Asia on China consumer prices
Gold dives in Asia on China consumer prices

On Wednesday, gold sank in Asia because the previous month weaker than anticipated consumer inflation in China affected views on global inflation soaring more than expected this year…

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