Forex News

Key information updates for profitable trading

Crude gains on North Sea pipeline outage
Crude gains on North Sea pipeline outage

On Wednesday, crude tacked on, underpinned by hopes for a dip in US crude inventories and also by the everlasting outage of the North Sea Forties pipeline system…

Gold rallies moderately in Asia
Gold rallies moderately in Asia

On Wednesday, gold ascended in Asia, following the fact that snag in passage of American tax cuts linked to a procedural glitch in the Senate…

Crude rallies towards $64 on British pipeline outage
Crude rallies towards $64 on British pipeline outage

On Tuesday, crude tacked on towards $64 a barrel, underpinned by the Forties pipeline outage in the North Sea, not to mention OPEC-led supply cuts as well as hopes that American crude inventories headed south for a fifth week…

Gold inches up as greenback pulls back
Gold inches up as greenback pulls back

On Monday, gold ascended because the greenback pulled back notwithstanding mounting expectations that a key US tax reform can be approved before the end of 2017…

Gold jumps in Asia on easy liquidity views
Gold jumps in Asia on easy liquidity views

On Friday, gold rallied moderately in Asia because traders digested a triple load of major bank view from the Federal Reserve, BoE and ECB, which pointed to ongoing easy liquidity…

Crude is steady on tighter market
Crude is steady on tighter market

On Friday, crude markets stood firm because the Forties pipeline outage in the North Sea as well as the everlasting OPEC-led output cuts underpinned the commodity, while ascending output from the USA kept oil from soaring further…

Crude gains on lower American crude stocks
Crude gains on lower American crude stocks

On Thursday, crude markets ascended, underpinned by a fourth straight weekly decline in American crude inventories, although soaring output capped prices below the 2015 maximums hit earlier this week…

Gold soars in Asia ahead of Fed decision on rates
Gold soars in Asia ahead of Fed decision on rates

On Wednesday, gold edged up moderately in Asia, with the Federal Reserve generally expected to officially announce a quarter point lift in interest rates, although the language on 2018 is considered to be decisive for the number one precious metal…

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