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The leading cryptocurrency pair BTC/USD continues to trade sideways within a narrow trading range of 10,430 to 9945 level. On the lower side, the Bitcoin price may drop until 9,346 level upon the violation if an immediate support level of 9,948 level — checkout the Bitcoin price forecast to learn more about the trade setup.
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Natural gas advances ahead of inventories data Natural gas futures rose on Wednesday, snapping six days of declines, on speculation that EIAs weekly storage report on Thursday will show inventories grew less than the average last week, indicating consisting demand for the power-station […]
Oil snaps five days of losses on China data, QE outlook in focus West Texas Intermediate snapped a five-day losing streak, the longest since December, after China released overall positive economic data, which coupled with yesterdays surprisingly upbeat trade figures helped push oil higher. Gains however […]
Gold trading outlook: futures slip ahead of Fed decision Gold remained near the lowest in more than four months on Wednesday as investors awaited the outcome of Feds policy meeting that may pave the way for a sooner interest rate hike.Comex gold for delivery in April was down 0.17% at $1 146.2 […]
FMC Corp. share price up, to acquire Auriga Industries subsidiary Cheminova in a $1.8-billion deal FMC Corp. revealed in a statement today that it reached an agreement to acquire the Danish fungicide-ingredient manufacturer Cheminova in a deal estimated to $1.8 billion. According to FMCs statement, the acquisition will be financed through a […]
Google Inc.’s share price up, its Motorola Mobility unit appoints Rick Osterloh as the new Chief Operating Officer The Motorola Mobility unit of Google Inc. officially announced on its website that the executive of the product management division – Mr. Rick Osterloh was appointed as president of the entire unit. Mr. Osterloh will report directly to the […]
Forex Market: GBP/USD daily trading outlook Yesterday’s trade saw GBP/USD within the range of 1.4120-1.4282. The pair closed at 1.4259, surging 0.92% on a daily basis. It has been the 28th gain in the past 61 trading days. The daily high has been the highest level since March 22nd, when […]