0.0 00 The euro has been rising against the British Pound at a steady clip. Mostly on ever present Brexit news in the headlines. The euro is now testing a key area above the 0.90 pivot. …
Read More »Soft Dollar supports Gold Prices this Morning
0.0 00 The price of gold futures found some support thanks to as oft US dollar this morning. The yellow metal extended gains from the North American session into Asia as the sawbuck remained pressured after …
Read More »New Zealand PPI Data Comes out Mixed
0.0 00 This morning, New Zealand released its producer price index (PPI). After the release the Kiwi dollar held on to its gains after the release of the US Federal Open Markets Committee (FOMC) despite a …
Read More »Australian Labor Numbers comes out Mixed
0.0 00 The Australian dollar struggled to find direction this morning after the Down Under released a mixed bag of employment data this morning. As the report hit the wires, he AUD/USD Forex market fell sharply …
Read More »The Australian Dollar Slips on Local Economic Data
0.0 00 This morning, the Australian dollar slipped lower as its climb higher stalled. This comes despite solid Australian economic data released earlier today. The commercial lender’s Westpac leading index indicator was released. It came out …
Read More »Gold traders Shift Attention to the Federal Reserve
0.0 00 The price of spot gold (XAU/USD) fell lower thanks to a drop in geopolitical fears was matched, as expected, with an upbeat US retail sales print. This has bolstered Federal Reserve interest rate hike prospects, for …
Read More »Oil Eyes Chinese Demand Numbers Today
0.0 00 The price of crude oil, as well as US WTI light and sweet, rebounded during today’s Asian trade session. The price of oil had slipped to a three week low after the API data …
Read More »Soft Chinese Demand Weakens Crude Oil Prices
0.0 00 Crude oil prices, including US WTI light sweet crude, fell lower this morning during Asian trade hours. Chinese data showed that said oil refining, in the world’s second largest economy, has dropped 4.4 percent …
Read More »Gold Looks towards US Retail Sales for Direction
0.0 00 The price of spot gold (XAU/USD) has continued to move lower as investors switch on risk appetite. There is a better mood in the financial markets after senior officials, u of the United States, …
Read More »The RBA Minute Supports the Australian Dollar
0.0 00 The Australian dollar (AUD/USD) moved higher this morning after the Reserve Bank of Australia (RBA) released its last monetary policy minutes from last month’s rate decision. The central bank was quite upbeat about domestic …
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