Forex News

Key information updates for profitable trading

Crude shows the most impressive peaks since mid-2015
Crude shows the most impressive peaks since mid-2015

On Thursday, crude reached their highest value for more than 2-1/2 years, thus marking levels not observed since before a dip in commodity markets in 2014/15, underpinned by tensions in major producer Iran as well as by everlasting OPEC-led output cuts…

Gold slides in Asia on hawkish Fed minutes
Gold slides in Asia on hawkish Fed minutes

On Thursday, gold went down in Asia because the Fed appeared to be a bit more hawkish in the December gathering minutes and market participants fretted over inflation difficulties…

Gold soars in Asia on geopolitical tensions
Gold soars in Asia on geopolitical tensions

On Wednesday, gold rallied in Asia because a fresh Twitter taunt by Donald Trump to North Korean leader Kim Jong-un definitely rekindles the stakes on a nuclear weapons stance…

Crude closes to mid-2015 maximums
Crude closes to mid-2015 maximums

On Wednesday, crude was steady, not far off mid-2015 maximums hit the previous session because firm demand along with ongoing efforts led by OPEC and Russia to diminish output tightened the oil market…

Crude reaches multi-year peaks
Crude reaches multi-year peaks

On Tuesday, crude was hovering at multi-year maximums because unrest in Iran sparked worries over potential supply disruptions in the region, while supply cut efforts by global crude producers kept backing the commodity…

January 2 – 5: gold outlook
January 2 – 5: gold outlook

On Friday in the final trading day of 2017 a weaker US currency underpinned gold, letting this precious commodity reach a three-month maximum back above $1,300…

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