Forex News

Key information updates for profitable trading

Gold is nearly intact
Gold is nearly intact

On Friday, gold was nearly intact because the US currency started mildly recovering from steep losses demonstrated in the previous trading session…

Gold declines due to Thanksgiving Day
Gold declines due to Thanksgiving Day

On Thursday, gold sagged in holiday-thinned trade, although losses were capped by rumors that the major US bank might not tighten American policy as mawkishly as previously anticipated…

Crude is firm on anticipated OPEC cut extension
Crude is firm on anticipated OPEC cut extension

On Wednesday, crude rallied after a reported dive in American crude inventories and also on hopes that an OPEC-led output cut aimed at tightening the crude market is going to be extended beyond next March…

Gold sags in Asia as risk trade relives
Gold sags in Asia as risk trade relives

On Monday, gold edged down in Asia because risk trade relieved and market participants waited for more insight on American tax cut plans as well as related Fed policy…

Crude is set for the first weekly dip on oversupply concerns
Crude is set for the first weekly dip on oversupply concerns

On Friday, crude was mixed after recent declines, although the commodity was on track for the first weekly decline for six weeks, being suppressed by ascending American supplies as well as doubts over Russian support for extending a cut in crude output…

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