Gold prices fell in trading on Wednesday, retreating from the key level of 1800 dollars. The decline in the precious metal was supported by the rise in the US dollar and the rise in US bond yields, which reduced the…
Continue ReadingEuropean Forex news roundup: the dollar is somewhat weaker, while equities are firmer. Forex market news during the European trade session on October 26, 2021 For the most part, it was a calm session with few major stories, since the…
Continue ReadingThe USD/JPY pair maintained its bid tone coming into the North American session, but struggled to find acceptance or build on momentum above the 114.00 level. The pair extended its overnight rebound from the 113.40 region, representing ascending trend-line support…
Continue ReadingThe CEO of BlackRock, the world's largest asset management company, Larry Fink, during his participation in the Future Investment Initiative, which kicked off today in the Saudi capital, Riyadh, expected oil prices to reach $100 a barrel. He said that…
Continue ReadingGold prices fell in trading on Tuesday, affected by the rise in the dollar and the yield of US bonds. This comes as investors assess the likely response of central banks to rising inflation pressures ahead of major policy meetings…
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