Forex News

Key information updates for profitable trading

Saudi Arabia equities leap at close of trade
Saudi Arabia equities leap at close of trade

On Tuesday, Saudi Arabia stocks grew after the close because revenues in the Agriculture & Food, Hotels & Tourism as well as Real Estate Development sectors underpinned stocks…

Gold rebounds from 6-week maximums ahead of Powell hearing
Gold rebounds from 6-week maximums ahead of Powell hearing

On Tuesday, gold declined, rebounding from the previous session's six-week maximum because market participants waited for comments from the next governor of the Fed for new clues on the probable trajectory of US monetary policy…

Greenback stabilizes, still in sight of 2-month minimums
Greenback stabilizes, still in sight of 2-month minimums

On Tuesday, the evergreen buck declined versus a basket of the other key currencies, although remained in sight of two-month minimums because market participants were still cautious ahead of a probable Senate vote on an American tax plan later in the…

Crude goes down on pipeline restart
Crude goes down on pipeline restart

On Tuesday, crude sank in Asia amid uncertainty as for a probable extension of output cuts by key oil producers as well as expectations of higher supply because the Keystone pipeline restarts…

Aussie and Kiwi leap vs. weaker US currency
Aussie and Kiwi leap vs. weaker US currency

On Tuesday, the Australian and New Zealand dollars managed to jump versus the greenback, while worries over the tempo of upcoming American rate lifts kept putting pressure on demand for the US currency…

Gold heads north
Gold heads north

On Monday, gold rallied because market participants looked ahead to a busy week of Fed speakers for new clues on the probable trajectory of monetary policy…

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