The lower-than-expected employment in November, as released by the Automatic Data Processing (ADP) on Wednesday, dragged the DXY below the 91 barrier, down by 0.22%.
InformationenWith the US Dollar Index falling by about 2.4% in November, the prices of the dollar against major currencies went down across the board.
InformationenOn Tuesday, the GBP/USD closed higher 0.8% with a rally of more than 6% off the September lows.
InformationenAs expected in my earlier column titled Gold Prices Set to Decline on Vaccine Shocks, positive news of Covid-19 vaccines continues to hit gold prices.
InformationenOn Monday, OPEC+ postponed its talks until Dec. 3 after a split over delaying output hike.
InformationenSome users of WikiFX lately inquired whether Equityworld Futures was reliable and how was its business condition.
InformationenLast week's gold plunged $84.71, down 4.5%. The dovish Federal Open Market Committee's (FOMC) could underpin gold prices in the coming weeks, despite gold's recent setbacks.
InformationenMatthew Piercey, the man behind two investment companies – Zolla and Family Wealth Legacy was apprehended by FBI agents in Sacramento on charges of wire fraud, witness tampering, mail fraud and money laundering, which has misappropriated around $35 million worth of investor funds, as stated by the US court.
InformationenNZD/USD is set for its fourth week of gains in a row amid the falling likelihood of the RBNZ’s negative interest rates and the government’s improved pandemic control.
InformationenIt is reported that the US Food and Drug Administration has scheduled a meeting of its Vaccines and Related Biological Products Advisory Committee on Dec. 10 to discuss the request for emergency use authorization of a Covid-19 vaccine from Pfizer.
InformationenThe Office for Budget Responsibility (OBR) lately forecast that the UK’s GDP was on track for its worst year on record. As a result, GBP/USD received some pressure for a time but approached to 1.34 barrier after reclaiming the lost ground.
InformationenLooking for the Holy Grail, the miracle indicator that will do everything for them and especially make them earn fortunes everyday, here is the daily quest of many traders.
InformationenWTI on Wednesday found some stability at $45.0 and climbed to an intraday high of $46.24, an eight-and-a-half-month high since Mar. 6.
InformationenThe IMF projects that the global economy will shrink by 4.4% in 2020, followed by a 5.2% rebound in 2021, supporting a V-shaped recovery.
InformationenGold prices traded lower to $1,825 on positive vaccine news.
InformationenChoosing the wrong broker makes it stressful for the rest of your life.
InformationenOn Monday, WTI crude refreshed the recent high to $43.35 with an intraday gain exceeding 2%.
InformationenMany Forex traders ask what determines the value of a currency, and which are the elements that move with its change in the currency chart.
InformationenRecently, the US Treasury requested a cut in monetary policy. As a result, the decline of the dollar came to a standstill.
InformationenA recent probe by the financial regulatory authorities in Germany revealed that nearly half of the reviewed 40 brokers from seven European countries.
Informationen
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