0.0 00 Gold futures climbed higher this morning, during Asian trade hours. The price of the yellow metal is now at its highest price point since September as the US dollar index has hit a three …
Read More »Australian Inflation Grows supporting the AUD
0.0 00 The Australian dollar, including the benchmark AUD/USD, were trading higher. The Australian inflation data came in a bit weaker than expected this morning, still the AUD rose against the generally weak US dollar. The …
Read More »Gold Rides a Weaker Dollar Higher
0.0 00 Gold futures rose for the third day in a row during Asian trade hours. The yellow metal is on the road for the fifth week in a row of gains as well. As of …
Read More »Asian Markets Pull Back this Morning
0.0 00 Asian markets pulled back this morning following a down day on Wall Street. Regional investors focused on corporate earnings releases as the Japanese corporate season began reporting. The benchmark Asian bourse, the Nikkei 225 lost 0.43 …
Read More »Gold Inches Higher on Weaker US Dollar
0.0 00 The price of the yellow metal, gold, inched higher Thursday during Asian trade hours. The bullion had hit a four month high during the last trade session. This comes as the U.S. dollar weakened …
Read More »Retail Sales Rally the Australian Dollar
0.0 00 The Australian dollar, especially in the benchmark AUD/USD Forex market, rallied today as better than expected Australian retail sales data crossed the wires. Earlier this week the Australian dollar reacted well to housing data, …
Read More »Crude Oil Hits the 2014 High Price Point
0.0 00 Crude oil futures are trading at their highest price points since 2014 this morning thanks to continuing OPEC led production cuts. However, there are concerns that the market is over extended. There has been …
Read More »Asian Markets Lower as Hong Kong Beats the Trend
0.0 00 Most major Asian and Pacific Rim markets were broadly lower this morning, despite a strong close on Wall Street overnight. The Hong Kong Exchange bucked the trend as shares rose. In Japan, the Nikkei 225 was …
Read More »Australian Dollar Ignores Chinese CPI
0.0 00 This morning the financial markets got a look into Chinese inflation data. The Australian dollar, including the benchmark AUD/USD Forex market shrugged the data off. China’s official consumer price index (CPI) for December was …
Read More »Gold Prices Inch Lower this Morning
0.0 00 The price of gold inched lower Tuesday morning, during Asian trade hours, as the U.S. dollar traded steadily as the United States will continue to hike interest rates this year. As of 1 am …
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