Yellow metal extends mild recovery after mixed American data
On Thursday, gold extended a mild revival in the face of mixed American data as well as a stock market stabilizing near record maximums…
Forex News
Key information updates for profitable trading
American core capital goods orders are firm
In April, new orders for American capital goods tacked on by the most for eight months, although a tumble in shipments dropped a hint that business spending on equipment decelerated in the first quarter…
USD/JPY slides to the 2-weeks low
Bulls could not hold yesterday's gains for USD/JPY.
European stocks go down
On Thursday, European stocks declined after a mixed pack of earnings from the region as well as worries for the euro zone economy resurfaced following a dismal German sentiment poll yesterday…
Evergreen buck rallies to fresh peak
The evergreen buck came off Wednesday’s peak in Europe trade, although it’s still firm enough against the backdrop of the news telling that the American economy still demonstrates decent strength…
The USD may rise on the release
The United States will publish the level of quarterly advance GDP growth on April 26, at 15:30 MT time.
Asian stocks go down
On Thursday, Asian stocks dived because a shocking deterioration in German as well as South Korean economic data boosted worries of the decelerating global surge, while crude prices rebounded a bit following a steep run-up earlier in the week…
South Korean economy suddenly shrinks in the first quarter
In the first quarter, the South Korean economy suddenly contracted, thus marking its worst outcome since the global financial meltdown…
Common currency is suppressed by German surge fears
On Thursday, the common currency nursed losses versus the evergreen buck having slumped to a 22-month minimum on a shocking dive in a leading gauge of economic activity in Germany, boosting fears a deceleration in the EU’s number one economy…
American mortgage applications report the greatest dive in four months
American mortgage applications to purchase a home and to have it refinanced demonstrated their steepest weekly slump for four months due to the fact some mortgage rates jumped to one-month maximums, in step with higher bond gains…
Canadian dollar goes down as Bank of Canada leaves rates on hold
On Wednesday, the evergreen buck headed north, while the Canadian dollar went down after the Bank of Canada left interest rates on hold as anticipated…
Chinese economy still experiences downward pressure
The Chinese economy still experiences downward pressure and the country’s cabinet is going to counter it by deepening reforms as well as cutting taxes…
