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The precious metal gold is trading with a selling bias around 1,963 levels extended by a double bottom pattern. Today, the U.S. advanced NFP will be the main highlight of the day, and it may drive sharp fluctuations in the precious metal gold. Check out the gold price forecast video to brace for price action.
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Forex Market: GBP/USD daily trading outlook Friday’s trade saw GBP/USD within the range of 1.4408-1.4517. The pair closed at 1.4481, inching up 0.01% on a daily basis. It has been the 26th gain in the past 55 trading days and also a third consecutive one. The daily high has been the […]
Forex Market: EUR/GBP daily forecast During yesterday’s trading session EUR/GBP traded within the range of 0.8198-0.8217 and closed at 0.8208.At 6:20 GMT today EUR/GBP was gaining 0.2% for the day to trade at 0.8222. The pair touched a daily high at 0.8222 at 6:15 GMT, […]
Dollar Slides as Traders Cut Exposure Ahead of Jobs Data Key Moments
The US dollar came under broad selling pressure at the start of the week following several weaker-than-expected labor indicators.
Speculative net short positioning in the dollar more than doubled to $16.82 billion […]
Oil Slips as U.S.-Venezuela Crude Import Deal Signals Rising Supply Key Moments
Brent crude fell to $59.89 per barrel and U.S. WTI declined to $56.13 per barrel, extending losses of more than $1 from the prior session.
President Donald Trump said the U.S. reached a deal to import $2 billion of […]
USD/CAD edges higher, trading close to two-month highs on Fed speculation US dollar edged up against its Canadian counterpart and traded in proximity to two-month highs on Tuesday, as speculation continued to persist that recent strong data, released out of the United States, may prompt the Federal Reserve Bank to […]
Bank Indonesia Holds Rates as Rupiah Volatility Lingers Key Moments
Indonesia's March CPI slowed to 3.5% year-on-year, returning to Bank Indonesia's target range.
Bank Indonesia is expected to keep its policy rate at 4.75% and has removed its easing bias.
USD/IDR traded above […]