Forex Marketz Daily Forex News – Fully Markets Update
0.0 00 Looking at the British pound (GBP) today, the GBP/USD currency exchange rate, on the above four (4) hour MT 4 chart, is trading near the intraday low price point at 1.2708 during the Asian …
Read More »British Pound Daily Technical Analysis
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 »Gold Looks towards US Retail Sales Data this Week
0.0 00 The price of spot gold (XAU/USD) and the price of gold in general moved higher after US consumer price index (CPI) data fell short of expectations. The US CPI data did post the first …
Read More »The Kiwi Dollar takes a big hit this Morning
0.0 00 This morning, so far in early Asian trade hours, the Kiwi dollar has taken a rather large hit against its US dollar cousin. The NZD/USD Forex market has fallen lower, thanks to a concerted …
Read More »EUR/GBP, is there a Downturn ahead for the Euro?
0.0 00 Looking at the EUR/GBP Forex market this morning, investors should note an interesting, if not dramatic situation developing on the charts. The charts are noting a falling star being confirmed after a failed test …
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 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 Hit their Highest Levels since May
0.0 00 The price of US WTI crude oil, as well as the global benchmark WTI Brent, has hit its highest level since May during Asian trade hours. There was a dip in US Oil prices …
Read More »Gold Surges after the FOMC but is the Rally Over?
0.0 00 The price of spot gold (XAU/USD) has surged after the Federal Open Markets Committee (FMOC) decision to keep interest rates as is yesterday afternoon during US and North American trade hours. The after FOMC …
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