Latest Market News
Gold prices fell on Friday, with US Treasury yields rising overnight, on the back of rising inflation data. Despite the decline, the precious metal is heading for a second consecutive weekly gain, supported by growing fears of political tensions, as talks between Russia and Ukraine have made no progress. And gold prices ended their trading, […]
The ECB held a monetary policy meeting on Thursday and sort of announced a reduction in stimulus. However, given recent geopolitical events, markets were clearly hoping for more. EURUSD rallied towards 1.11 in the run up to the meeting on the back of expectations that buying frenzy in commodity markets and inflation pressures related to […]
Oil PlungesAnother week comes to a close in financial markets and it’s been another week of hoping the violence in Ukraine comes to an end. While, sadly, that doesn’t seem to be the case for now, we have at least had plenty of interesting market moves to be focusing on. Chatting with traders this week, […]
Gold reversed from long-term resistnace level 2075.00• Likely to fall to support level 1900.00 Gold recently reversed down from the powerful long-term resistnace level 2075.00 (which stopped the previous sharp upward trend in the middle of 2020) – standing far above the daily and the weekly Bollinger Bands. The downard reversal from the resistnace level […]
• NZDCAD reversed from resistnace level 0.8750• Likely to fall to support level 0.8650 NZDCAD recently reversed down from the key resistance level 0.8750 (which has been reversing the price from the start of December). The resistance zone near the resistance level 0.8750 was strengthened by the upper daily Bollinger Band and by the 61.8% […]
The financial watchdog in the U.K. has declared that all non-registered ATMs must be immediately closed down or be subject to undisclosed additional action. 8023 Total views 44 Total shares Financial Conduct Authority (FCA), United Kingdom’s central financial regulator, has issued a verdict on the presence of Bitcoin (BTC) ATMs within the island country. In […]