Forex News

Key information updates for profitable trading

Yellow metal tops $1,300
Yellow metal tops $1,300

On Friday, gold futures managed to shot up above $1,300 an ounce, thus finding themselves on track for a weekly leap because the evergreen buck rebounded and market participants closely watched geopolitical turmoil as well as global surge fears…

Gold dives on a firmer greenback
Gold dives on a firmer greenback

On Thursday, the yellow metal concluded down, with the number one precious commodity’s short-term prospects linked to a strengthening greenback, although traders closely watch the impact of the partial shutdown of the American cabinet as well as…

Gold futures stand still
Gold futures stand still

On Wednesday, gold was nearly intact in Asia notwithstanding an uptick in uncertainty surrounding the China-US trade negotiations…

Gold goes down to 2019 minimum
Gold goes down to 2019 minimum

On Monday, gold headed south to its lowest value of the year due to the fact that investor appetite for risk was still firm notwithstanding data disclosing that China's 2018 economic surge speeded down to a near three-decade minimum…

Gold approaches $1,300 once again
Gold approaches $1,300 once again

Britain’s economic and political issues along with a no-confidence vote on Prime Minister Theresa May following her unsuccessful Brexit deal vote gave gold traders a hope of getting back to maximums of above $1,300 an ounce…

Gold surges a bit
Gold surges a bit

On Tuesday, gold managed to gain a bit due to the fact that the first dive in factory gate inflation for four months backed the argument that the major US bank should suspend monetary policy tightening and traders looked ahead to a bunch of remarks from…

Gold stands still
Gold stands still

On Thursday, gold was intact due to the fact that market participants waited for comments from Fed Chair Jerome Powell in the face of hopes that the head of the US key financial institution is going to reaffirm a pause in the US monetary policy…

Gold heads north, concluding at $1,300
Gold heads north, concluding at $1,300

On Monday, the yellow metal surged, concluding at the psychologically crucial $1,300 level due to the fact that the evergreen buck was impacted by hopes that the key US financial institution would stop its rate-lifting cycle for the year, thus raising…

Gold reaches 6-month maximum
Gold reaches 6-month maximum

The yellow metal’s objective for $1,300 is still intact, although gold bugs don’t seem to hurry to get there, expecting equity markets to dive for the next big move up…

Gold reaches new 6-month maximum
Gold reaches new 6-month maximum

On Wednesday, the yellow metal hit a new six-month maximum because recent risk-off sentiment attracted traders to the safe haven commodity, while American leader held fast in his insistence for border financing to reopen the US cabinet…

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