News

Gold prices rise with weak dollar and US bond yields

• 19 October, 2021
• 3:13 pm EEST

Gold prices rose on Tuesday, with weak dollar and US bond yields, which provided some support for the precious metal as central banks moved towards easing economic stimulus. Gold prices ended their trading on Monday with a decline, deepening their…

Continue Reading

Dollar down as rate-hike bets elsewhere fuel dash to cover FX shorts

• 19 October, 2021
• 12:24 pm EEST

The dollar retreated on Tuesday to a three-week low, hit by a proliferation in rate-hike bets in other markets and by improved sentiment that lifted equities and risk-sensitive currencies such as the Australian dollar. A robust start to the U.S.…

Continue Reading

European Forex news roundup: Yen pairs continue to rise

• 15 October, 2021
• 3:45 pm EEST

European Forex news roundup: Yen pairs continue to rise Forex market news during the European trade session on October 15, 2021 It was a positive afternoon for risk trades, despite the fact that important headlines were few and far between…

Continue Reading

Gold prices fall as the US currency rises

• 15 October, 2021
• 2:39 pm EEST

Gold prices fell, during trading on Friday, affected by the rise in the dollar index. The decline came after gold prices crossed the $1800 barrier during Thursday's trading, and the precious metal rose for the third consecutive session at the…

Continue Reading

As NA traders enter for the day, the NZD is the strongest and the JPY is the weakest.

• 14 October, 2021
• 3:49 pm EEST

As NA traders enter for the day, the NZD is the strongest and the JPY is the weakest. The USD is weaker as a result of "risk on" flows. The NZD is the strongest of the major currencies as the…

Continue Reading