Forex News

Key information updates for profitable trading

Gold heads south in Asia after NKorea test
Gold heads south in Asia after NKorea test

On Wednesday, gold sank in Asia, as market participants noted political risk from the recent launch of a medium-range ballistic missile by North Korea ahead of a summit between Chinese President Xi Jinping and US President Donald Trump this week that…

Crude holds revenues in Asia ahead of API estimates
Crude holds revenues in Asia ahead of API estimates

On Tuesday, crude prices held early revenues in Asia with figures on American inventories later in the day supposed to set the market tone in thin regional trade with financial markets in Hong Kong, China India and Taiwan closed for holidays…

Gold surges in Asia in cautious trade
Gold surges in Asia in cautious trade

On Tuesday, gold rose in Asia in cautious trade, with Chinese and Indian markets unavailable for holidays, thus putting the world's number one gold importers on the sidelines…

Crude declines moderately in Asia
Crude declines moderately in Asia

On Monday, oil gave up slight early revenues in Asia with China shut for a public holiday and traders shrugging off news at the weekend on positive output cuts by Russia as well as Iraq’s pledge to step-up compliance…

American crude prices fight to keep a grip on $50 a barrel
American crude prices fight to keep a grip on $50 a barrel

On Friday, American crude futures moderated on the heels of a second-straight leap, churning on either side of the closely monitored $50-a-barrel level as market participants weighed the previous week’s slowdown in domestic inventory surge as well as…

Gold edges down on stronger greenback
Gold edges down on stronger greenback

On Friday, gold moved lower because the week’s positive American data kept boosting optimism over the strength of the US economy and to back demand for the American currency…

Crude prices edge down in Asia after early profits
Crude prices edge down in Asia after early profits

On Thursday, crude reversed course and dipped in Asia, as market participants moved on from a lower than expected build in American crude stocks as well as a supply disruption in Libya and waited for the latest weekly rig count data from America for…

Gold tumbles in Asia
Gold tumbles in Asia

On Thursday, gold grew with demand prospects in the world's leading, India and China, in focus with physical and exchange traded fund demand on expectations that tax reform by New Delhi could potentially cut the cost of bullion imports…

Crude ascends on Libyan supply disruptions
Crude ascends on Libyan supply disruptions

On Wednesday, crude prices extended their revenues from last session, driven by supply disruptions in Libya as well as expectations that an OPEC-led output reduction is going to be extended into the second half of 2017…

Gold goes down in Asia
Gold goes down in Asia

On Wednesday, gold sank in Asia, with markets waiting for Britain’s formal move to start a split from the European block later in the day…

Crude prices hold revenues in Asia
Crude prices hold revenues in Asia

On Tuesday, crude prices rebounded in Asia, with industry reports on inventories ahead expected to set the near-term tone as well as comments by the an official with the Paris-based International Energy Agency, dropping a hint at solid demand from Asia…

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