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Category archives for commodities

European Forex news roundup: the dollar is marginally weaker, but equities remain stable.

  • 22 October, 2021
  • 5:39 pm EEST

European Forex news roundup: the dollar is marginally weaker, but equities remain stable. Forex market news during the European trade session on October 22, 2021 Even though there wasn't much going on in European trade today, there were a couple…

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Oil prices consolidate their gains by 1%.. Brent crude is above $85

  • 22 October, 2021
  • 5:20 pm EEST

Oil prices extended their gains to about 1% during trading today, Friday, after falling in early trading, to bring Brent crude back above $ 85, in conjunction with the decline of the US currency. The decline came this morning as…

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Silver Price Analysis: XAG/USD is nearing multi-week highs, trading just below the mid-$24.00s.

  • 22 October, 2021
  • 3:13 pm EEST

On Friday, silver received new bids and returned to multi-week highs. The setup is still stacked in favor of the bulls, which bodes well for future gains. Any meaningful drop below $24.00 could be interpreted as a buying opportunity. Silver…

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Gold prices rise with the decline of the dollar and are heading to achieve gains for the second week

  • 22 October, 2021
  • 2:34 pm EEST

Gold prices rose in trading on Friday, supported by the weakness of the dollar, with the rise in US bond yields, and the increasing expectations of investors that central banks would begin to reduce economic support. Gold prices are heading…

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European Forex news roundup: the dollar is marginally stronger, while equities are weaker.

  • 21 October, 2021
  • 5:54 pm EEST

European Forex news roundup: the dollar is marginally stronger, while equities are weaker. Forex market news during the European trade session on October 21, 2021 For the most part, it was a quiet session as the dollar held steady while…

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