Forex Marketz Daily Forex News – Fully Markets Update
0.0 00 The price of spot gold (XAU/USD) inched higher as Federal Reserve Chair Dr. Janet Yellen spoke before the United States Congress. She stated that that the central bank will gradually tighten monetary policy. This …
Read More »The Kiwi Dollar Remains Firm despite Consumer Confidence
0.0 00 As with Australia, this morning, the Kiwi Dollar (NZD/USD) was trading on key economic news. The Kiwi dollar rose despite data showing that consumer confidence slipped. The July index n consumer confidence, from the …
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Australian Investors expect Higher Future Inflation
0.0 00 This morning has been busy in the Down Under and New Zealand. The Australia dollar (AUD/USD) barely budged after a solid rise in consumer inflation. The Australian dollar was already trading higher as investors …
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The Kiwi Dollar takes a big Hit on Housing News
0.0 00 The Kiwi dollar took a large hit this morning against its major G 20 trading partners. The NZD/USD Forex market saw its largest daily decline in over a month as the Kiwi dollar sold …
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Gold Likely to weaken further ahead of Yellen’s Testimony
0.0 00 There is not a lot of major economic news to drive the price of US spot Gold (XAU/USD) this week. This could lead to gold consolidating a bit. The yellow metal swung sharply lower …
Read More »Australian Consumer Confidence Picks Up Supporting the AUD
0.0 00 The Australian Dollar or AUD/USD Forex market, ticked higher after the Australian lender, Westpac released improving consumer confidence data. Westpac consumer confidence data rose by 0.4 percent, monthly, in July. While that might not …
Read More »European Markets Seen Higher Tuesday Morning
0.0 00 The European stock markets are looking, as of now, at a higher open Tuesday morning. They are following gains on Wall Street and Asia, this morning. There is also oil news and European earnings …
Read More »Gold inches lower this Morning as it waits for Central Banks
0.0 00 The price of spot US gold (XAU/USD) moved a tad lower this morning. Yellow metal investors are eying upcoming central bank directional cues. Also the US dollar moved higher from a four month low. …
Read More »Australian Dollar Quiet despite Soft Housing Data
0.0 00 The Australian dollar (AUD/USD) was steady during Asian trade hours, despite a solid business confidence report and an underwhelming home loans report. This morning, the National Australia Bank (NAB) released its June business index. …
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Oil Looks to the World Petroleum Congress Today
0.0 00 The price of US WTI crude oil continues to fall lower. This comes despite a better than expected drawdown in US crude oil inventories. The EIA reported, yesterday, that US production rose to 9.34 …
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