0.0 00 The commodity and sentiment linked Australian dollar looks ready to continue its three week long recovery against the U.S. dollar. The AUD/USD currency exchange rate is trading above its key daily simple moving averages. …
Read More »British Pound Retreats from a 34 Month High Price Level
0.0 00 Looking at the benchmark GBP/USD currency exchange rate, the British pound is retreating from a 34 month high price point. This Forex market during the Asian trade session has dipped below 1.3970. With that …
Read More »Spot Gold Looks Bearish near a 12 week Low
0.0 00 The widely traded spot gold futures contract (XAU/USD) is now at a very key point while trading near a 12 week old price point at $1,766.56 per ounce. The yellow metal is on the …
Read More »Euro Currency Breaks below 1.2040 on FOMC Minutes
0.0 00 Looking at the world’s most liquid currency exchange rate, the EUR/USD, the euro currency moved sharply lower overnight after a very dovish Federal Open Market Committee (FOMC) monthly monetary policy meeting account. This sent …
Read More »WTI Crude Oil gets a Boost from US Inventory Data
0.0 00 he benchmark U.S. West Texas Intermediate (WTI) crude oil futures contract has pushed above $61.70 per barrel and trading near $61.80, which is a new monthly high. The U.S oil contract has not traded …
Read More »Dollar is still under Pressure against Canada’s Currency
0.0 00 Looking at the headline USD/CAD currency exchange rate, the US dollar is picking up a bid around 1.2690. However this benchmark Forex market is running into tough upside resistance at the one two hundred …
Read More »Spot Silver looks Depressed Trading around $27.10
0.0 00 Price action for the spot silver futures contract, on the above daily MT 4 chart, is not looking very constructive. Silver is a bit depressed as it trades around $27.10 to $27.12 per ounce. …
Read More »Euro Currency Remains Range Bound
0.0 00 The euro currency on the above EUR/USD daily MT 4 price action chart remains range bound. This benchmark Forex market is trading between the short term five (5) day simple moving average, which is …
Read More »Spot Gold Finally catches a Bid and Pushes Higher
0.0 00 The benchmark spot gold futures contract has ticked higher during the Asian trade session. Gold is trading above $1,820 per ounce and near $1,821.15 per ounce. Spot gold traders are closely watching fiscal stimulus …
Read More »British Pound Running out of Steam as it inches Higher
0.0 00 Looking at the benchmark GBP/USD currency exchange rate, the British pound is still well within a rising trend channel on the above daily MT 4 price action chart. However, the GBP/USD Forex market is …
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