Blogs

Gold Traders Eyeing US CPI This Week

Forex

Gold Turning Lower on MondayGold prices have come under heavy selling pressure on Monday with the futures market shedding around 1.3% so far. The decline comes against continued strength in the US Dollar on the back of last week’s stronger-than-forecast US jobs data. The headline NFP was seen printing 216k vs 168k expected, up from […]

Bitcoin Rallying Ahead of SEC Deadline

Forex

BTC Higher on MondayBitcoin prices are on the rise today as optimism over expected SEC approval of ETF applications continues to build. The SEC currently has until January 10th to decide on the current batch of applications. Names such as BlackRock, Fidelity and Grayscale Investments have submitted applications with news this week that Fidelity has

Crude Dropping on Saudi Price Cuts

Forex

Saudi Arabia Cuts Selling PriceOil prices came under pressure on Monday as traders digested news of fresh price cuts from de-facto OPEC leader Saudi Arabia.  The kingdom slashed the official selling price of its leading product, Arab light crude, it its lowest level in over two years. The price cuts come on the back of […]

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