News

Category archives for markets

Gold prices are rising… and the yellow metal is heading to record weekly losses

  • 03 December, 2021
  • 5:45 pm EET

Gold prices rose in trading on Friday, as investors awaited the stance of the US Federal Reserve, which is heading to be tough on reducing stimulus and increasing interest rates. The yellow metal appears to be on its way to…

Continue Reading

European Forex news roundup: The dollar remains stable ahead of the US payrolls.

  • 03 December, 2021
  • 5:30 pm EET

European Forex news roundup: The dollar remains stable ahead of the US payrolls. Forex market news for the European trade session on December 3, 2021 For the most part, it was a calm session, with major currencies doing little save…

Continue Reading

After US data, the EUR/USD trades above 1.1300.

  • 02 December, 2021
  • 6:24 pm EET

Forex news  for  2 December 2021 After US data, the EUR/USD trades above 1.1300.   In the early American session on Thursday, the EUR/USD is trading in the upper half of its daily range, around 1.1330. The weekly Initial Jobless…

Continue Reading

Oil prices deepen their losses to 3% after the OPEC + decision – Brent crude is below $67

  • 02 December, 2021
  • 5:56 pm EET

Oil prices deepened their losses by about 3%, during Thursday's trading, as Brent crude fell below $ 67 a barrel, after the OPEC + alliance decided to stabilize the production policy. The drop in prices comes amid fears that the…

Continue Reading

Gold prices are falling, awaiting the US Federal Reserve’s position to confront Omicron

  • 02 December, 2021
  • 5:47 pm EET

Gold prices fell in trading today, Thursday; Investors are betting that the US Federal Reserve will gradually reduce its bond purchases faster to counter rising inflation. Investors are also assessing how central banks will respond to rising inflation and concerns…

Continue Reading

Reliable Trading since 2012