June 28, 2016 6:35 am
Yesterday’s trade saw GBP/USD within the range of 1.3126-1.3488. The pair closed at 1.3226, plummeting 3.32% compared to Fridays close. It has been the 153rd drop in the past 281 trading days and also a second consecutive one. The cross has depreciated by 11.36% in the past two trading days, which has been the sharpest […]
Read moreJune 27, 2016 1:22 pm
At the start of the US trading session on Monday, EUR/USD traded in proximity to the psychological 1.1000 level, after registering an intraday low of 1.0971. On Friday the common currency tested lows unseen since March 10th, tumbling to 1.0909 in a response to the shocking vote in the UK. Monday is to mark the […]
Read moreJune 27, 2016 9:40 am
On Friday gold for delivery in August traded within the range of $1,252.95-$1,362.45. Futures closed at $1,322.40, soaring 4.85% compared to Thursday’s close. It has been the 130th gain in the past 280 trading days and also the sharpest one since September 19th 2013. In weekly terms, the yellow metal added 2.13% to its value […]
Read moreJune 27, 2016 8:23 am
Friday’s trade saw USD/CAD within the range of 1.2714-1.3100. The pair closed at 1.3006, surging 1.95% compared to Thursdays close. It has been the 153rd gain in the past 280 trading days and also the steepest one in more than 4 years. The daily high has been the highest level since June 3rd, when a […]
Read moreJune 27, 2016 6:51 am
Friday’s trade saw GBP/USD within the range of 1.3231-1.5018. The pair closed at 1.3683, plummeting 8.04% compared to Thursdays close. It has been the 152nd drop in the past 280 trading days and also the sharpest daily rate of decline on record. The daily low has been the lowest level since late September 1985. In […]
Read moreJune 26, 2016 1:02 pm
Friday’s trade saw GBP/BGN within the range of 2.3840-2.5720. The pair closed at 2.4104, plunging 5.87% compared to Thursdays close. It has been the 12th drop in the past 22 trading days and also the steepest daily rate of decline on record. The daily low has been the lowest level since May 8th 2014, when […]
Read moreJune 25, 2016 4:04 pm
Friday’s trade saw AUD/USD within the range of 0.7307-0.7650. The pair closed at 0.7470, tumbling 1.93% compared to Thursdays close. It has been the 8th drop in the past 23 trading days and also the sharpest one since May 3rd, when the pair fell 2.37%. The daily low has been the lowest level since June […]
Read moreJune 24, 2016 1:47 pm
US shares followed the massive sell-off, observed in Asia and Europe on Friday, as Dow Jones Industrial Average plummeted almost 3% (approximately 500 points) to 17,483.48 moments after the US session began. S&P 500 lost a bit more than 80 points to 2,039.50 at the open. The technological Nasdaq 100 benchmark dropped a bit over […]
Read moreJune 24, 2016 12:26 pm
The UK vote on EU membership triggered a massive selling wave across markets around the globe, as investors fled to the relative security of safe-haven assets, such as Gold, Yen, Franc and US Dollar. Here is how major indices, major currency pairs and the most popular commodities performed on Friday (June 24th): Nikkei 225 […]
Read moreJune 24, 2016 9:22 am
On Thursday gold for delivery in August traded within the range of $1,260.00-$1,274.50. Futures closed at $1,263.10, edging down 0.54% compared to Wednesday’s close. It has been the 150th drop in the past 279 trading days and also a fifth consecutive one. The commodity has extended its advance to 8.17% so far during the current […]
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