Gold reversed from the yesterday highs and is trading on sideline trend today amid the economic conditions in U.S. Yesterday Gold reached the peak level since the five months and it’s the best week for Gold. Despite widespread speculation that the U.S. labor market has healed enough for the Fed to begin reducing its monthly [...]
The US dollar has made a gain from the yesterday fall off during early Asian session and changed the potential previous day’s profitable slide from the tops of many years. The reason behind the extend is the kneejerk reaction to the unexpected uptick in the US Consumer Price Index (CPI). Yesterday U.S. dollar saw truculent [...]
Aussie has lost its yesterday gains and consolidated its downtrend today Asian Session elsewhere the US dollar is trading high against major pairs. The yesterday gains has no obvious basic catalyst, it might be due to the view of making some profit in the midst of a dangerous alarming mood, which could lead to a [...]
The sterling is trading downside today against greenback amid the BOE interest rate decision and the concern over the fuel crisis. The greenback is uptrend against major currencies as investors rallied on rising energy prices and the Federal Reserve's expectations of higher inflation. The British pound fears inflation and continues to struggle over the challenge [...]
