Forex News

Key information updates for profitable trading

Crude revives some lost ground, though market is under pressure
Crude revives some lost ground, though market is under pressure

On Monday, crude prices revived some ground, following the previous week's huge losses, powered by hopes that OPEC will extend its promise to minimize output to cover all of 2017, though a relentless surge in American drilling capped revenues…

Crude holds small revenues in Asia
Crude holds small revenues in Asia

On Friday, crude prices held revenues in Asia, with the market poised for the latest American weekly rig count figures just to set the overall tone and looking to France’s upcoming presidential elections…

Crude holds revenues in Asia
Crude holds revenues in Asia

On Thursday, crude held profits in Asia after dismal inventory data in America slammed benchmarks hard overnight and traders saw scope to buy the dip…

Gold eases in Asia
Gold eases in Asia

On Thursday, gold eased in Asia, though remained backed ahead of French surveys at the weekend and as the UK gets set to head to the surveys this summer highlights political risk…

Crude prices sag on bloated American market
Crude prices sag on bloated American market

On Wednesday, crude prices sank, as bloated American supplies weighed on financial markets, while a fall in Saudi oil exports was compensated by leaping output in the country…

Gold goes down in Asia on mild profit-taking
Gold goes down in Asia on mild profit-taking

On Wednesday, gold declined in Asia in a bout of mild profit-taking because geopolitical tensions on the Korean peninsula appear off the boil currently, although market participants were cautious with elections ahead in the EU and with an eye on American…

Crude prices dip on expected climb in US output
Crude prices dip on expected climb in US output

On Tuesday, crude prices sagged in thin trade, after the Easter holiday break closed many markets for as long as four days and an American government report showed ascending output…

Gold trades weaker in Asia
Gold trades weaker in Asia

On Tuesday, gold came off recent revenues in Asia, with market participants alert to probable comments by American Vice President Mike Pence, scheduled in Tokyo for negotiations with Japan's leadership, including on ongoing tension on the Korean…

Crude drops on failed North Korean missile test
Crude drops on failed North Korean missile test

On Monday, crude sagged in quiet trading after the three-day Easter break, following signs that the United States keeps adding output, thus undermining OPEC efforts to back prices, and as the financial markets reacted to North Korea's failed missile…

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