Blogs

Gold Returns Strongly Touched the $2,070 Level!

Forex

<p>&nbsp;Last Friday, gold prices were seen breaking through the weekly high of $2,050 ahead of the holiday weekend and Christmas Day before touching a high of $2,070 earlier in the week yesterday.</p><p><br /></p><p>Now it opened low again at around $2,055 with movements still influenced by the US dollar whi

4-Month High, EUR/USD Breaks $1.1000 Wall

Forex

<p>&nbsp;Although the price movement was slow at the beginning of this week, most of the major currencies in the market are seen to have succeeded in overcoming the US dollar which has shown a gloomy performance since the end of last week.</p><p><br /></p><p>This was followed by the release of economic data f

Can Ringgit Target RM4.50 This Week?

Forex

<p>&nbsp;Opening the market this morning, the Malaysian Ringgit (RM) continued to strengthen against the US dollar despite many investors ignoring it during the long holiday season.</p><p><br /></p><p>At exactly 10am this morning, the ringgit was at RM4.6080, stronger than it closed last Friday at RM4.6265.&l

USD/CAD Falls Low, Falling for 2 Weeks in a Row!

Forex

<p>&nbsp;The price chart of the USD/CAD currency pair is seen continuing to decline lower until the close of trading last week for a 2-week decline in a row.</p><p><br /></p><p>The Canadian dollar took advantage of the situation to move better against the US dollar as the currency king fell at the end of the

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