Forex
Forex news, updates, articles and analysis.
Pound continue showing weakness, possible rate cut by BoE
Quiet start to the week for the foreign exchange market, to some extent due to the holiday in the US,...
Read moreGold enter consolidation phase as investors waiting for further market movers
There is little volatility on gold, with the price dancing just above the key support level of $1,550. It is...
Read moreOptimism taking over market sentiment, yen and Swiss franc losing ground to Euro
Friday’s trading session began with optimism taking over the market sentiment. The positivity came mainly from China, where industrial production...
Read moreGold steady above support level $1,550
We are seeing lower volatility again on gold, with the bullion price steady just above the support level of $1,550....
Read moreRussian currency down against US Dollar
Despite the signing of a ‘Phase One’ trade deal between the US and China, which was supposed to reassure the...
Read moreGold recovering and waiting for further signal
There is more caution surrounding the deal between the US and China. Phase One is going to be signed in...
Read moreMost currency pairs remain tight ranges await US-China Phase One deal to be signed
Wednesday started with subdued trading on forex, as most currency pairs remain within tight ranges. It is expected that later...
Read moreRisk-on dominating market, gold fallen below support level
Risk-on is once again dominating markets, as investors are seeing much less risk on the Iran/US situation compared to just...
Read moreYuan on its highest level against Dollar
The Yuan climbed to its highest level against the Dollar since July, hitting 6.8657 during the latter part of Monday’s...
Read moreGold testing support level, investor seeking more risk
Bears are trying again to pull down bullion, with the price that is testing another time the support level of...
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