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The GBP/USD is trading dramatically bearish at 1.3108 level, having violated the upward trendline support level of 1.3135 level. The formation of three black crows pattern confirms solid bearish sentiment for the GBP/USD pair. Checkout GBP/USD price forecast video analysis for more information.
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Crude oil trading outlook: futures halt three-day rally on China slowdown fears West Texas Intermediate and Brent crude fell on Tuesday as consumer inflation in China slowed to the lowest in five years last month, reigniting fears about oil demand in the worlds second biggest-economy and oil consumer.US crude for […]
Base Metals Extend Gains as Weak Dollar Attracts Flows
Key Moments
Copper on the London Metal Exchange rose 0.6% to $13,087 a metric ton in official open-outcry trading.
Aluminium and zinc touched their highest levels since April 2022 and January 2023, respectively, as the metals […]
Grain futures fall following USDA report U.S. grain futures were mixed on Thursday, but eventually marked losses following USDAs report.On the Chicago Mercantile Exchange, soybeans futures for July delivery traded at $15.3138 a bushel at 11:38 GMT, down 0.56% on the day. Prices […]
Japan’s Marvelous shares jump, Tencent to become the company’s largest shareholder
The shares of the Japanese gaming company Marvelous Inc. were untraded after the increase of buy orders on Tuesday. The predictions for the company’s stock is to close at its daily trading limit of 17%. This was a result of the latest news […]
Silver Holds Near $80.50 as Traders Await Fed Rate Decision Key Moments
XAG/USD trades near $80.50 in a tight range as markets wait for the Fed policy decision on Wednesday.
Markets expect the Fed to keep rates unchanged at 3.50%-3.75%.
Meanwhile, tensions involving the US, Israel, […]
American total consumer debt increases by $300 billion in Q1 2022 amid surging inflation At a time when US consumer price inflation has reached highs unseen in over 40 years, consumer borrowing in the country has also been on the rise.The general Consumer Price Index (CPI) for all urban consumers surged at a staggering rate […]