Forex News

Key information updates for profitable trading

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…

Crude reaches its highest value since May 2015
Crude reaches its highest value since May 2015

On Tuesday, crude rallied further above $68 a barrel, hitting its highest value since May 2015, underpinned by OPEC-led output cuts as well as hopes that American crude inventories dived for an eighth week…

Gold retreats further from 3-1/2 month maximums
Gold retreats further from 3-1/2 month maximums

On Tuesday, gold dived, rebounding further from the previous week’s three-and-a-half month maximums because the evergreen buck strengthened versus the common currency and market participants kept betting on further rate lifts by the Fed in 2018…

Gold descends on profit-taking in Asia
Gold descends on profit-taking in Asia

On Monday, gold sank on profit-taking in Asia because market participants are closely watching the evergreen buck for potential further dives closely connected with a more gentle than anticipated rate lift path by the key US bank in 2018 after gloomy…

Crude rebounds from 2015 maximums as doubts over soar emerge
Crude rebounds from 2015 maximums as doubts over soar emerge

On Friday, crude sagged, drifting away from maximums last observed in 2015 because rallying crude output in the USA undermined the 10% soar from minimums reached in December that was powered by tightening supply as well as political tensions in OPEC…

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