Forex News

Key information updates for profitable trading

Wall Street extends ascend to second day on upbeat mood
Wall Street extends ascend to second day on upbeat mood

On Monday, gains in consumer discretionary and technology stocks helped Wall Street to extend Friday's ascend, with the resumption of US-China trade negotiations soothing some of the worries that had impacted the market in the second half of the previous…

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…

Evergreen buck inches down for a third day
Evergreen buck inches down for a third day

On Monday, the evergreen buck kept diving for a third day in a row versus its counterparts on soaring bets the Federal Reserve will press the pause button on its rate lift cycle in the near months…

American equities rebound on Powell’s remarks
American equities rebound on Powell’s remarks

On Friday, US equities rebounded following a firm payrolls report as well as remarks from Fed Chair Jerome Powell who suggested that the Fed would be quite flexible with its monetary policy…

Evergreen buck struggles on Powell’s remark
Evergreen buck struggles on Powell’s remark

On Friday, the evergreen buck struggled for direction due to the fact that Fed Chair Jerome Powell came up with a statement that he would have the balance sheet changed if required…

Bitcoin goes down
Bitcoin goes down

On Friday, crypto assets generally lost due to the fact that Ireland had an anti-money-laundering bill passed…

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…

American equities struggle
American equities struggle

On Friday, American equities were struggling to extend their leap to a third day in a row, suppressed by a tumble in the energy as well as technology sectors at the end of a week, which has seen the market swing a lot…

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