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Friday, October 23, 2020

EUR/USD Drops to Three Year Lows Amidst Economic Recession Concerns

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Federal Reserve Downplays Negative Interest Rates ECB Forward dovish guidance Dollar StrengthA strengthened dollar amidst growing concerns about economic recession is the latest...

Gold Prices Hit a Record High on Tuesday Morning — Supported by a Weakening...

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Gold prices extended gains on Tuesday, driven by U.S.-China tensions and a weaker dollar, while expectations of more stimulus to revive pandemic-hit economies lifted...

Oil Prices Rose on Wednesday After an Industry Report

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Oil prices rose on Wednesday after an industry report showed that crude inventories in the United States fell against expectations, giving the market a...

Gold Supported, See Good Gains

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COMEX Gold futures stayed well supported yesterday. The metal hit one and half week high of $1935 per ounce. DOW saw continued selling pressure...

EIA Crude Inventories Drop Again

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The US Energy Information Administration (EIA) reported a crude oil inventory decline of 1 million barrels for the week to October 16. This followed...

Copper Extends Gains

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COMEX Copper hit 28 month high of $3.21 per pound yesterday before pulling back on slippery undertone in US equities. World Bureau Of Metal...

USD/JPY Range-Bound Amid Sell-Off To 1-Week Lows

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U.S Dollar Sell-Off Japan Economy Severe State Risk Aversion Spike ConcernThe U.S dollar was on the back foot against the Japanese Yen, Thursday...

The Euro Gains Against Dollar Amidst Calls for Corona Bonds

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The Euro is seen mounting a recovery against the dollar even as the coronavirus pandemic continues to rattle the financial markets. After weeks on...

Copper To Focus On Economic Cues

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Copper fell in tune with US equities in last session. Economic cues were positive though. Global trade volume is likely to fall less than...

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Bullion Counter May Again Witness Selling Pressure

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Gold prices lingered below the key $1,900/ounce psychological level on Wednesday as lack of an agreement on additional U.S. fiscal stimulus helped the dollar...

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Introducing Doo Prime’s New Online Deposit & Withdrawal Currency– HDK

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Hong Kong : July 16, 2020Doo Prime has added a new deposit and withdrawal currency for our online payment method, wire transfer. ...

GBP/USD Slips As Legislators Turn Their Focus ON Brexit Negotiations

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The Brexit issue is back on the table and ready to kick into high gear. Analysts keen on upcoming German data to help...

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