0.0 00 Precious metals like the spot silver futures contract has come under selling pressure after the U.S. Federal Board published their monthly monetary policy meeting minutes. The minutes revealed a divided monetary board. Tapering of …
Read More »Dollar Recovers against the Canadian Loonie
0.0 00 The U.S. dollar is recovering against the Canadian currency on Thursday. The USD/CAD Forex market is inching higher and now trading above 1.2650 and above the 50, 100 and 200 day simple moving averages. …
Read More »Euro Currency Recovers from the low price at 0.8535
0.0 00 The euro currency had hit a fresh high price level of 0.8535. The EUR/GBP currency exchange rate then retraced some of its gains to trade near 0.8525/6. This key Forex market looks to make …
Read More »British Pound Trades Lower against the Greenback
0.0 00 The British pound is trading lower against the safe haven U.S. dollar. The benchmark GBP/USD currency exchange rate is trading near 1.3750 on Wednesday. This is just above the weekly low price point of …
Read More »Euro Currency looks to Extend Losses against the Dollar
0.0 00 The euro currency is trading weaker against the U.S. dollar headed into Tuesday trade session. The benchmark EUR/USD currency exchange rate saw a corrective pullback on Monday and looks to extend some losses. This …
Read More »Dollar Trades below Key Simple Moving Averages
0.0 00 After the core U.S. consumer price index (CPI) for the month of July fell less than expected, the U.S. dollar fell sharply lower against the Japanese yen. The benchmark USD/JPY currency exchange rate fell …
Read More »Australian Dollar Looks to Extend Gains
0.0 00 The commodity linked Australian dollar saw a weekly recovery against the U.S. dollar fall short. The benchmark AUD/USD currency exchange rate saw gains capped by a bearish sloping twenty (20) day simple moving average …
Read More »Gold Remains below the Key $1,800 per Ounce Level
0.0 00 The widely traded spot gold futures contract is trading below $1,800 per ounce. The yellow metal has come under pressure after rising Treasury yields supported the U.S. dollar. U.S. labor market data, released on …
Read More »Euro Currency Struggles to extend Wednesday’s Gains
0.0 00 The euro currency is struggling to extend yesterday’s gains seen after the weaker than expected core consumer price index (CPI) number. The benchmark EUR/USD currency exchange rate is trading quietly near 1.1745 during the …
Read More »Silver Futures Prices continue Correcting Lower
0.0 00 The spot silver futures contract has fallen sharply lower. This futures contract is trading around $23.30 per ounce as we head into Wednesday’s trade session. Silver traders are watching the U.S. political echelon closely. …
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