0.0 00 The Australian dollar (AUD/USD) was steady this morning after a mixed bag of economic data was released. Local, Australian, investment data and as expected Chinese consumer price index (CPI) crossed the wires this morning. …
Read More »The Price of Gold Holds Steady as the Dollar Remains Stronger
0.0 00 The price of gold futures contracts held steady during today’s Asian and Pacific Rim trade session. The price of the bullion is still trading near its recent two week lows which were set this …
Read More »Private Sector Confidence Supports the Australian Dollar
0.0 00 The Australian dollar, specifically the AUD/USD Forex market, rose this morning. The Aussie dollar tracked rising front end Australian government yields higher after the corporate lender, the National Australian Bank (NAB) released data that …
Read More »The Kiwi Dollar continues to Fall as 5 Month Support Broken
0.0 00 The New Zealand dollar Forex market (NZD/USD), also known as the Kiwi dollar has now broke below a key trend line support level at a rising five month long trend line. This suggests that …
Read More »The Price of Gold Drops from a 7 Week High Monday Morning
0.0 00 The price of gold tumbled Friday, and extended losses during this morning’s Asian trade session. The US dollar rose from multi-month lows after a better than expected non-farm payroll report crossed the wires Friday …
Read More »Crude Oil Rises 1.1% but still below $50 per Barrel
0.0 00 The price or US WTI light and sweet crude oil shot up over one percent, during the North American trade session, after a better than expected US jobs report came out on Friday. Still …
Read More »The Euro Breaks its 1 Month Uptrend in Asian Hours
0.0 00 This morning, during the Asian trade session, the euro, or the EUR/USD Forex market moved lower. On Friday, the United States released its non-farm payroll (NFP) data which showed that the US economy added a …
Read More »Oil Prices Continue to Retreat on Oversupply from OPEC
0.0 00 The price of crude oil contracts continued to fall overnight into Asian hours after a weak attempt to buy the black gold petered out near the key $50 per barrel level, for the US …
Read More »Gold trades quietly near a 7 Week High this Morning
0.0 00 The price of spot gold (XAU/USD) steadied a bit during North American trade hours, overnight, into this morning’s Asian session, after hitting close to a fresh seen week high. Investors are waiting on today’s …
Read More »Oil Prices Fall on Increasing OPEC Supplies
0.0 00 Oil prices fell Thursday morning, during Asian trade hours, after a rally that pushed Prices higher by almost ten, percent since last week, lost momentum. In good news, there are renewed signs of a …
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