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The precious metal gold is looking to trade bullish above 1,944 level amid weaker U.S. dollar. The Federal Reserve Chair Jarom Powell is expected to keep policy dovish for the extended period, driving bullish bias the precious metal gold. Check out the gold price forecast video to learn more about it.
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Australian dollar lower against US peer after short-timed gains on Thursday On Thursday Australian dollar managed to regain some ground versus its US counterpart, after which lowered again during the course of Fridays session.AUD/USD pair reached a session low at 0.9566 during the later hours of Asian trade, after […]
Gold declines ahead of the Federal Reserve minutes Gold declined on Wednesday ahead of the release of FOMCs last meeting minutes and amid speculations that the central bank may continue to reduce its monthly bond-buying program as the US economy improves. A stronger dollar further weighed, […]
Exxon Mobil shares fall for a second straight session on Wednesday, company to further plans over LNG export operations in Mozambique In a statement at the LNGA conference in Singapore, Frank Kretschmer, Exxon Mobils senior Vice President for LNG Marketing in Asia Pacific, said the company intended to further its plans regarding the establishment of a liquefied natural […]
Forex Market: USD/CAD daily trading outlook Yesterday’s trade saw USD/CAD within the range of 1.4331-1.4399. The pair closed at 1.4344, inching up 0.02% on a daily basis, while marking its 9th consecutive trading day of gains. The daily high has been the highest level since April 30th […]
Forex Market: USD/CAD daily trading outlook Yesterday’s trade saw USD/CAD within the range of 1.2815-1.2873. The pair closed at 1.2862, edging up 0.21% on a daily basis. It has been the 60th gain in the past 116 trading days and also a fourth consecutive one. The daily high has been the […]
Natural gas trading outlook: futures extend decline on active US weather, inventories Natural gas slid for a seventh straight day on Monday following a surprisingly bearish inventory report on Thursday and amid active weather that would keep varying conditions in different parts of the US in force.Natural gas for delivery […]