0.0 00 The almighty U.S. dollar was on the defensive during the Asian trade session on Wednesday. Traders are fleeing to safe haven asset currencies, like the yen and Swiss franc, after the U.S. House of …
Read More »Gold Steady on US Political Uncertainty
0.0 00 Gold futures contracts we retarding steady during Wednesday’s Asian trade session. The spot contract is still trading just below a three week high price point. that price level was set during the North American …
Read More »Euro is on the Defensive as the Dollar Gains
0.0 00 The euro currency is on the defensive after worse than expected flash purchasing manufactures’ indices (PMIs) out of Germany and the Eurozone. These PMIs were released yesterday during the European trade session. Confidence in …
Read More »Crude Oil Falls as Demand Softens and ME Tensions Mount
0.0 00 Crude oil prices fell during today’s Asian trade session. Traders are worried about dismal flash purchasing manufactures indices (PMIs) out of the Eurozone. This darkened trader sentiment as demand for oil will be negatively …
Read More »Gold Trades below a 2 Week High on Trade Talks
0.0 00 Gold futures contracts were trading steady during the Asian trade session on Tuesday. The spot contract is trading just below a two week high price point, seen overnight during the North American trade hours. …
Read More »Asian Markets Fall on Trade Commentary
0.0 00 Asian traders were cautious Monday as the headline Asian indices headed lower. Traders are monitoring trade rhetoric and moves between China and the United States. Trade volume was lighter today as the financial markets …
Read More »Gold Traders Monitor Trade Comments in Early Trade
0.0 00 Gold futures contracts were trading lower during the Asian trade session on Monday. Traders are watching, very closely, trade developments between the United States and China after the U.S. Trade Representative described last week’s …
Read More »Dollar Firms on Cautious Trade Optimism
0.0 00 The U.S. dollar, during the Asian trade session on Monday, found some support as Forex traders were cautiously optimistic. They are monitoring comments out of China and the United States as both sides are …
Read More »Asian Markets Gain despite Trade Tensions
0.0 00 The headline Asian equity markets were trading higher by lunchtime. Traders are monitoring ongoing trade developments between the United States and China that have reduced hopes for a new trade deal, yet once again. …
Read More »Crude Oil on the Road to its Largest Weekly Gain on ME Tensions
0.0 00 Headline crude oil futures contracts, Brent and WTI, are on the road to close up more than seven percent for the week. This will be their biggest gain in months. During the Asian trade …
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