| Updated: November 9, 2023
The precious metal gold is trading with a selling bias around 1,963 levels extended by a double bottom pattern. Today, the U.S. advanced NFP will be the main highlight of the day, and it may drive sharp fluctuations in the precious metal gold. Check out the gold price forecast video to brace for price action.
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Gold trading outlook: futures advance ahead of Federal Reserve’s policy decision On Tuesday gold for delivery in December traded within the range of $1,162.00-$1,166.10. Futures closed at $1,166.80, ticking down 0.02% on a daily basis, while marking their sixth drop in the past twelve trading days. The daily low has been […]
Commodities trading outlook: crude oil and natural gas futures Crude oil gained on news that the US will be building up gasoline reserves in the Northeast. Furthermore, West Texas Intermediate added as expectations of further declines in US inventories stoked bullish sentiment. Brent was supported by […]
US stocks advanced amid positive GDP data US stocks rose, sending the Standard & Poor’s 500 Index higher for a second day, as data showed the economy expanded at a faster pace in the second quarter and concerns over Syria eased temporarily.The S&P 500 rose 0.2% to 1,638.17 […]
Forex Market: EUR/HUF daily trading forecast Friday’s trade saw EUR/HUF within the range of 312.460-314.170. The pair closed at 313.690, gaining 0.03% on a daily basis.At 6:44 GMT today EUR/HUF was up 0.03% for the day to trade at 313.715. The pair touched a daily high at 314.000 at […]
Euro Anchored at $1.08 as U.S. Dollar’s Downward Trend Persists Key momentsThe euro has solidified its position at around $1.08, a level of stability not seen since November.
The euro’s strengthening is attributed to significant policy actions within the Eurozone. Key factors include Germany's […]
Royal Dutch Shell Plc , BP Plc and Statoil ASA Being Probed for Price Fixing (Updated May 16) According to Royal Dutch Shell, BP, Statoil - three of Europes biggest oil producers, and Platts - the oil-price data collector owned by McGaw Hill Financials Inc., they are being investigated by the European antitrust regulators about […]