| Updated: 
The yellow metal gold continues trading sideways between 1,956 to 1,924, having violated the symmetric triangle pattern. Later today, the U.S. economy will be releasing CB Consumer Confidence data that can drive some price action in the market. Let’s brace to capture a quick movement in gold.
TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover Forex, Price Action and Social Trading.
EUR/USD traded close to two-week highs The euro was trading steadily in proximity to its highest point in two weeks against the US dollar on Thursday, as last weeks US non-farm payrolls report was still causing pressure on the greenback.EUR/USD reached a session high at 1.3323 […]
Gold futures hover around three-week low as Federal Reserve signals rates rise in 2015 Gold futures traded close to three-week low as Federal Reserve officials signaled a rise in interest rates by 2015, while further trimming monetary stimulus, boosting the US dollar and curtailing demand for the precious metal. Assets in the […]
MaxCyte Inc slashes workforce by 15%, ups revenue forecast MaxCyte Inc (NASDAQ: MXCT) said on Monday that it had reduced 15% of its workforce, which affected 21 jobs and saved nearly $5.8 million in 2025.As a result, its staff will be brought to 116 by the end of 2024, it said.The company also […]
CAD/CHF rebounds from record low, focus on BoC The CAD/CHF currency pair rebounded from a fresh low of 0.5598, its weakest level on record, on Wednesday ahead of the outcome of the Bank of Canada’s policy meeting later today.The Bank of Canada is expected to keep its benchmark interest […]
Forex Market: EUR/JPY daily forecast During yesterday’s trading session EUR/JPY traded within the range of 138.65-139.13 and closed at 138.97.At 6:49 GMT today EUR/JPY was losing 0.11% for the day to trade at 138.77. The pair touched a daily low at 138.65 at 6:25 GMT, […]
US stock-index futures rise after Yellen comments on stimulus US stock index futures advanced, signaling benchmark indexes will extend their run into record territory after Yellen comments toward continuing Fed stimulus policy. Investors focus their attention on recent economic data trying to asses […]