| Updated: November 9, 2023
The precious metal gold prices continue to trade bullish at 1,947 level amid sell-off in tech stocks such as amazon, Facebook and apple. For now, the violation of 1,950 resistance may offer us a quick buy trade — checkout the Gold price forecast to learn more about the trade setup.
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Crude oil trading outlook: WTI futures advance on US outlook, Brent lower WTI futures were higher during early trade in Europe today, while Brent futures were lower. The US signaled a possible easing of exports limitations, while traders await weekly oil inventories data.West Texas Intermediate futures for […]
USD/CHF settles below 2-week high, posts weekly gain The USD/CHF currency pair settled below Friday’s high of 0.8098, its strongest level since November 6th, after stronger-than-expected US employment data added to expectations that the Federal Reserve would abstain from lowering borrowing costs […]
Walt Disney Co. share price up, cuts 700 jobs at its interactive unit Walt Disney Co. plans to reduce the number of employees working in its interactive unit by a quarter. About 700 jobs will be cut by the company, which is in pursue of restructuring its online and videogame businesses. The company also shared […]
Forex Market: AUD/JPY loses ground on increased safe haven demand Australian dollar fell from session highs against the Japanese yen on trading Tuesday, as Russian President Vladimir Putins support of Crimeas request to join the Russian Federation triggered demand for safe haven assets, such as the […]
Home Depot Inc. share price up, data breach scale exceedes expectations, about 56 million cards affected Home Depot Inc. revealed in an official statement that about 56 million credit and debit cards were subject to data breach in the period from April to September 2014. The hacker attack exceeded the scale of the one against Target Corp. in […]
Grain futures lower, corn drops amid favorable conditions Grain futures were mixed on Wednesday with corn and wheat tumbling more than 1%, while soybeans remained fairly unchanged but still traded lower.On the Chicago Board of Trade, corn futures for September delivery traded at $5.3713 per […]