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Gold Price Forecast, Aug 26 – Bearish Bias Dominates the Market {
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EUR/USD touches one-week lows after Fed taper decision The euro touched one-week low against the US dollar, after the Federal Reserve Bank announced that it will scale back its monetary stimulus by $10 billion at its two-day policy meeting concluded yesterday.EUR/USD touched a session low at […]
AIG to sell 20% of Corebridge stake to Nippon Life American International Group Inc (NYSE: AIG) said on Thursday that it had agreed to sell nearly 120 million shares of its Corebridge common stock to Nippon Life Insurance Company for a total consideration of $3.8 billion.The above […]
Forex Market: GBP/USD falls from three-month highs due to a shift in risk sentiment, Brexit uncertainty also weighs GBP/USD came off fresh three-month highs and was set to end an eight-day streak of gains on Tuesday, as the US Dollar and other safe haven assets received a boost after China's education ministry advised students going overseas "to conduct […]
Commodity Market: WTI Crude Oil extends losses as investors reassess recession risks Futures on US West Texas Intermediate Crude Oil extended losses from the prior trading day on Thursday, as market players reassessed recession risk and fuel demand amid rising interest rates in developed economies."Oil markets remained […]
Gold on Fire – Boosted Safe Haven Appeal in Play! {
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