Forex News

Key information updates for profitable trading

Crude holds profits in Asia ahead of American rig count data
Crude holds profits in Asia ahead of American rig count data

On Friday, crude held profits in Asia ahead of American rig count data with financial markets in a holding pattern ahead of a May 25 gathering of OPEC as well as non-OPEC nations in Vienna expected to extend a pact to tame crude output…

Gold tacks on in Asia ahead of G7 meeting
Gold tacks on in Asia ahead of G7 meeting

On Friday, gold tacked on in Asia, with a gathering of top finance officials from the world's leading economies in Italy at the weekend to talk about issues from trade to currencies…

Crude holds revenues on API estimates
Crude holds revenues on API estimates

On Wednesday, crude held revenues in Asia because industry estimates revealed a much sharper draw in American crude inventories expected, although higher than seen gasoline stocks affected market sentiment…

Gold soars in Asia as Trump's firing of Comey spurs policy worries
Gold soars in Asia as Trump's firing of Comey spurs policy worries

On Wednesday, gold grew in Asia because financial markets reacted to Donald Trump’s recent decision to fire FBI Director James Comey, thinking that the resulting political blowback could undermine efforts at tax cuts as well as other economic policy aims…

Gold goes up on Fed views in Asia
Gold goes up on Fed views in Asia

On Tuesday, gold prices soared in Asia in light trade with market participants cautious ahead of a widely expected Fed rate lift in June as well as prospects for a stronger greenback…

Gold ascends in Asia on French surveys
Gold ascends in Asia on French surveys

On Monday, gold added in Asia after centrist Emmanuel Macron managed to meet opinion survey hopes, supplanting anti-EU far-right candidate Marine Le Pen and traders looked ahead to China trade data…

Gold jumps ahead of nonfarm payrolls
Gold jumps ahead of nonfarm payrolls

On Friday, gold leapt in Asian cautious trade ahead of American nonfarm payrolls data supposed to point the way for a Fed rate lift in June with up to 185,000 jobs expected, compared to a dismal 98,000 outcome in March…

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