OPEC prepares to establish new output targets, oil prices are rising
OPEC prepares to establish new output targets, oil prices are rising Oil prices have climbed ahead of the OPEC cartel of oil-producing nations’ meeting on Thursday, as ministers prepare to establish output targets for July in their first meeting since the European Union slapped sanctions on Russian petroleum. Some members of OPEC are pressuring the […]
Gold prices are declining as the Fed maintains its aggressive policy stance
Gold prices are declining as the Fed maintains its aggressive policy stance On Thursday, gold prices fell, with some investors profiting after minutes from a US Federal Reserve policy meeting revealed that the central bank was likely to maintain its interest-rate hikes. The price of spot gold fell 0.1 percent to $1,851.57 per ounce. Gold […]
Gold is rising from three-month lows as bond rates in the United States fall
Gold is rising from three-month lows as bond rates in the United States fall Lower U.S. Treasury rates maintained demand for zero-yield metal afloat above the important psychological support level of roughly $1,800 per ounce on Monday, lifting gold from a more than three-month low reached the previous session. As of 0227 GMT, spot gold […]
Gold drops as investors consider US Inflation data
Gold drops as investors consider US Inflation data In Asia on Thursday morning, gold was down. Investors are analyzing the US consumer price index (CPI), which showed that inflation is still strong but has peaked in April, alleviating fears about the Federal Reserve raising interest rates more aggressively. By 11:12 p.m. ET, gold futures had […]
Gold and silver prices have fallen by more than 2% due to high volatility
Gold and silver prices have fallen by more than 2% due to high volatility The precious metal market has been hammered by a perfect storm of market volatility, rising bond rates, and a strong US currency, sending gold and silver prices substantially lower. Gold’s reluctance to break over $1,920 an ounce has been highlighted by […]
Covid (COVID-19) may just affect progressed economies
Covid (COVID-19) may just affect progressed economies. Worldwide monetary movement stayed strong toward the beginning of 2022, with review information showing that the Omicron variation of the Covid (COVID-19) may just affect progressed economies. A few elements highlight slow development likewise in the period ahead. The war is now burdening the certainty of businesses and […]
AUD/USD holds up to 0.7170 despite new sentiment challenge
AUD/USD holds up to 0.7170 despite new sentiment challenge AUD/USD fell to 0.7120 after hitting a one-week high in Wednesday’s early Asian session. A new challenge to the pre-risk sentiment before is bullish, but the Australian technical breakout of a major hurdle gives buyers hope in a quiet session with no significant data/events. AUD/USD is […]
Currency Pairs Analysis
Currency Pairs Analysis EUR/USD The market opening gave a slow start for EUR/USD to open below 1.2200, speaking the trend for today. further rise is expected with the 1.2050 support intact. watching the sluggish upside movement, the break of 1.2244 will resume the rise from 1.1703 to retest 1.2348 high. In the corresponding scenario, […]
Crypto Trading Bots: Crypto Trading Products by Xtream Forex
Crypto Trading Bots: Crypto Trading Products by Xtream Forex In Crypto Trading, producing benefits for the most part relies upon how rapidly one winds up purchasing and selling digital resources. Thus, even a minor deferral in these compromises can cause recognizable misfortunes. That is the reason individuals frequently consider utilizing crypto trading bots. Crypto […]
The Dollar Outshines With the best Weekly Gain
The Dollar Outshines With the best Weekly Gain In the hope of economic recovery, investors are showing confidence in U.S. currency. Resultantly, the Dollar leads to the highest gain in three months on Friday. The US Dollar Index inched down 0.5% to 91.507. The Positive employment figures cast a major impact on the Index […]
The Dollar up, BOE dominates over British Pound
The Dollar up, BOE dominates over British Pound The Dollar is alive and kicking against major currencies. The BOE policy is closely monitored by the investors for future trade. A hefty fiscal measure seems to have a positive impact on the United States economy. The U.S. currency is overpowering Euro and Yen on […]
Technical Analysis on Gold & Silver
Technical Analysis on Gold & Silver XAU/USD Pair Goes Intraday High Below at Level $1,900 to US Stimulus Updates The Gold price seems near at the level of $1,880 during the Tuesday Asian Session. The pair will stretch the latest pullback to the level by $1,871 to the previous downbeat. If we have a […]
Dollar Fluctuation Still on, Trump Signs Most Awaited Covid Relief Bill
Dollar Fluctuation Still on, Trump Signs Most Awaited Covid Relief Bill Dollar uncertainty is still in the air as Donald trump mitigates to block the pandemic aid package on Monday while most of the traders were on holiday. The pound drifted under a 2 1/2-year high in the Asian meeting following the arrangement a […]
B.1.1.7 Covid-19 lineage forces the Perseverance of Safe-heaven asset, Dollar still down
B.1.1.7 Covid-19 Lineage Forces the Perseverance of Safe-Heaven Asset, Dollar Still Down The dollar was down on Wednesday morning in Asia, regardless of the new B.1.1.7 strain of the COVID-19 infection shoving speculators move in the direction of the place of safe-haven assets. The U.S. Dollar Index was down 0.23% to 90.338 by 11:27 […]
US Stock Goes Under Pressure and Energy Leads the S&P 500 Lower
US Stock Goes Under Pressure and Energy Leads the S&P 500 Lower The US stocks that finished mixed that goes under pressure in the Early session. In that, the News of the EU is banning the UK flights that generated the risk-off in the environment that initially weighed on this US stock. The Swing […]
Dollar Seems Up and Pound Slides Over the New UK Lockdowns
Dollar Seems Up and Pound Slides Over the New UK Lockdowns The Dollar was seemed up on this Monday Morning in Asia that will turn the safe-haven asset to some of the countries tightened restrictive to the measures against the Coronavirus Outbreak. The US Dollar Index tracks the greenback to the other currencies that […]
S&P 500 and Nasdaq 100 Hits High to Cheers Fed’s to COVID-19 Relief Package
S&P 500 and Nasdaq 100 Hits High to Cheers Fed’s to COVID-19 Relief Package The S&P 500 and the Nasdaq 100 Index both are hits to the fresh high this Thursday while the Dow Jones industrial average closed below the margin to the record. In Federal Reserve has reassured the markets to accommodative to […]
Dollar Goes Down as US Stimulus Talks to Continues Optimism Brexit
Dollar Goes Down as US Stimulus Talks to Continues Optimism Brexit The dollar was going down on this Thursday morning in Asia when the investors continuing the safe-haven asset that seems after the progress in the US stimulus measures and the Brexit that boosted the risk appetite. The US Dollar Index tracks the greenback […]