| Updated: 
On Friday, the precious metal gold prices continue trading sideways around 1,933, amid a lack of volatility and uncertainty among investors. Traders are bracing for one of the highest impact economic events such as the U.S. NFP, which typically drives the massive market movement. What to expect from NFP and how to trade gold on the news? Let’s find out in a gold price forecast video.
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 touches one-week lows on euro zone data, Fed taper outlook The euro declined against the US dollar, following data that showed the M3 money supply in the euro zone expanded less than expected, while private loans declined for a 20th straight month. Meanwhile, the greenback remained to be supported by […]
Natural gas trading outlook: futures add after sizable gains last week, stockpiles increase Natural gas futures traded higher during early hours in Europe today, after logging a sizable gain last week. Traders have had expectations of growing power demand in the US, which consume more than 21% of natgas supply, for some time, in […]
NZD/NOK settles below 1-week high, posts weekly gain The NZD/NOK currency pair settled below recent high of 6.1075, its strongest level since May 20th, in the wake of the RBNZ’s policy decision.The Reserve Bank of New Zealand cut its official cash rate by 25 basis points to 3.25% at its May […]
Gold extends pullback from 7-week high, set for weekly loss Spot Gold was poised to record a weekly loss, as a stronger US Dollar and the prospect of fewer interest rate cuts by the Federal Reserve weighed on the metal.The greenback looked set to register its biggest weekly advance in more than one […]
Euro Weak Near 1.1740 as Middle East Lifts Dollar
Key Moments
EUR/USD trades around 1.1740 in Asian dealings, marking a second straight session of subdued price action.
Heightened caution linked to Middle East tensions and a continued US-led maritime blockade underpins US […]
Tesla shares climb to a fresh all-time high on Friday, Model S sedan brake fix needed for a top safety rating According to an April 28th article by Consumer Reports, Tesla Motors Inc (TSLA) must finalize the fix of its Model S sedan emergency braking system, so that the company is able to re-obtain the magazines top safety rating.Tesla […]