Forex News

Key information updates for profitable trading

Gold ascends on Brexit jitters
Gold ascends on Brexit jitters

On Tuesday, gold rallied because uncertainty over the latest developments in Britain’s departure from the EU backed safe haven demand and traders looked ahead for American inflation data to underpin the Fed’s pledge to remain on hold…

Gold slumps ahead of Trump’s budget proposal
Gold slumps ahead of Trump’s budget proposal

On Monday, the yellow metal declined, drifting away from the $1,300 mark hit on the back of a dismal jobs report, while traders looked ahead to retail sales data as well as American leader’s 2020 budget proposal…

Gold keeps to 5-week minimum
Gold keeps to 5-week minimum

On Tuesday, the yellow metal fluctuated near the previous trading session's five-week minimum because a broadly stronger greenback affected the appeal of gold…

Gold tacks on as US-North Korean negotiations fail
Gold tacks on as US-North Korean negotiations fail

On Wednesday, gold gained support and rallied due to the fact that negotiations between North Korea and the United States ended up with no deal and expectations for an imminent trade pact between America and China faded away…

Gold slips ahead of major data
Gold slips ahead of major data

On Monday, gold was nearly intact, decreasing a bit because traders waited for a batch of major American economic data along with an appearance from Fed Chair Jerome Powell…

Gold reports its biggest daily tumble for 6 months
Gold reports its biggest daily tumble for 6 months

On Thursday, gold faced its most impressive daily dive for six months right after it had been reported that China and America were demonstrating huge progress in resolving their long lasting trade conflict…

Gold surges to fresh 9-month maximums
Gold surges to fresh 9-month maximums

On Tuesday, gold managed to rally because traders awaited the publication of the minutes from the recent Fed policy gathering with hopes for them to confirm the major financial institution’s dovish policy stance…

Gold inches up towards new 10-month maximum
Gold inches up towards new 10-month maximum

On Monday, the yellow metal managed to ascend, making its way towards their best outcome since April because the evergreen buck slumped on expectations that America and China would come to an agreement ending their long-lasting trade conflict…

Gold reaches 2-week maximums
Gold reaches 2-week maximums

The yellow metal is currently at an inflection point due to the fact that market participants are mulling over what's bigger to the financial market, an everlasting US-China trade clash, which could potentially knock bullion off its $1,300 perch or…

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