Market Insights on Forex Precious Metals & CommoditiesIconBrandElement

article-thumbnail

2022-03-16 | Market Analysis

FOMC May Raise Interest Rates by 25 Basis Points, “Terrorist Data” Will Be Released Soon

The euro rose 0.13% to 1.0953 against the dollar the European economy and the euro are particularly sensitive to the Ukraine war and oil prices.

article-thumbnail

2022-03-14 | Market Analysis

Putin Hinted Progress in Negotiations, U.S. Oil Rose Nearly 3%

EUR/USD slipped 0.63% to 1.0913, paring gains in overnight trading, and edged lower this week for a sixth straight weekly loss. Meanwhile, the euro has fallen more than 2.5% against the dollar so far in March.

article-thumbnail

2022-03-10 | Market Analysis

Commodities Generally Fell, Spot Gold Followed The Decline

The euro ended the session at $1.1073 against the dollar, rising up by 1.62%, having hit a 22-month low of $1.0806 on Monday, 7th March 2022.

article-thumbnail

2022-03-09 | Market Analysis

Commodity Market Moved Higher, U.S. Gasoline Prices At An All-time High

The growing unease in the market may support the dollar as we will see the U.S. economy remain in a favorable position in the short term. This is because the U.S. is less dependent on Russian energy supplies than Europe.

article-thumbnail

2021-10-21 | Market Analysis

Gold Sets New High For The Week, WTI Continues Its Nearly 7 Year High

Gold prices jumped yesterday, with spot gold setting a new high for the week at $1,788.47 per ounce. WTI oil rose by more than 1% in late trading to $83.65 per barrel.

article-thumbnail

2021-10-20 | Market Analysis

Gold Prices Fell Slightly As The Dollar Index Rallied

Gold prices fell slightly as the dollar index rallied. This comes after gold had been gaining support from the stagflation theme, brewing in recent weeks and from a weaker dollar.

article-thumbnail

2021-10-18 | Market Analysis

Gold Rebounds & Hits $1,770, WTI Oil Hits 7 Years High

Gold broke through the $1,800 barrier at one-point last week but fell last Friday. WTI oil rose for an eight consecutive week and hit its highest in nearly seven years.

article-thumbnail

2021-10-15 | Market Analysis

Gold Hits One-month High, Global Gas Crisis Fuels Higher Oil Prices

Gold prices hit a one-month high yesterday as the falling dollar and U.S. bond yields caused investors to turn to gold as a hedge against inflation risks.

article-thumbnail

2021-10-14 | Market Analysis

Gold Steadied After Its Biggest Gain In Months, Dollar Fell As Euro Rebounds

The minutes suggest that Fed officials are facing a high degree of uncertainty about both their mission to achieve full employment and price stability.

article-thumbnail

2021-10-13 | Market Analysis

Sterling Fell Against The Dollar, Gold’s Demand Boosted

The poor performance of the U.S. stock market and the decline in the yield of the U.S. 10-year Treasury bonds boosted the demand for gold.

Any trading symbols displayed herein are for illustrative purposes only and shall not constitute any advice or recommendation by us. Any comments, statements, data, information, material or third party material (“Material”) provided on this website are for reference purposes only. The Material is used solely for the purposes of marketing communication and does not contain, and shall not be construed as investment advice and/or an investment recommendation for any transactions. While we took all reasonable efforts to ensure the accuracy and completeness of the information, we make no representations and warranties to the Material and shall not be liable for any loss, including but not limited to loss of profit, direct or indirect loss or damages for any inaccuracies and incompleteness from the information provided. You shall only use the Material for personal use and shall not reproduce, copy, redistribute and/or license the Material without our consent.

We use cookies on our websites to customize the information and experience displayed on our website according to your preferences. By accessing this website, you acknowledge that you have read and agreed to the details above and agreed to our use of cookies.

We strictly comply with all applicable laws and regulations in jurisdictions. It is your responsibility to determine and ensure that your investment meets your requirements. You undertake to bear all the consequences of your investment and trading activities.