What looked to be a positive day in the markets has given way to a renewed decline as yields on 10-year Treasuries rose, erasing the Nvidia (NVDA) […]
The market is likely to remain volatile in the near future
All posts tagged: FED
Is the weakening of the dollar temporary or long-term?
The US currency exchanged at $1.12 per euro, after trading at $1.08 at the beginning of the month. Some firms give a 12-month target price for the […]
Gold price rises on hopes of slowing US inflation
With the prospect of the Federal Reserve halting its monetary tightening, the price of gold is approaching $2,000 per troy ounce. Gold prices rise to almost a […]
Why interest rates matter for forex trading
The main factor affecting the currency market is interest rate changes made by any of the global central banks. These changes to interest rates are significant for […]
No clear direction for the gold price
Fed rate hikes pause expectations and fragile market sentiment to act as a tailwind for the gold price which shows no clear direction. Investors look to FOMC […]
Oil prices fall on weak FED energy report
The oil price is falling, it fell by about one percent on Wednesday, although the commodity is on track to rise by about five percent this week. […]
Traders started selling gold futures after Powell’s testimony
According to global trading platform Capital.com, retail volumes in gold CFDs (Contracts for Difference) reported a one-day decline of 88 percent on March 7, 2023. During the […]
Gold prices may go lower, but now is the time to build a strategic position
Now is the time for investors to look at building a strategic position in the gold market, according to one market strategist, as gold prices are expected […]
