During the previous trading session, the XAU/USD exchange rate dropped to the monthly S1 at 1,679.34. During Monday morning, the rate raised to the 55
Blogs
Saudi EnergyMin: Voluntary oil cuts were for one month only
The voluntary reduction in the oil output won't be extended, Saudi Arabia's energy minister Prince Abdulaziz bin Salman told a press conference on Mon
NZD/USD clings to small daily gains above 0.6500
The NZD/USD pair staged one of its best weekly performances last week and gained more than 300 pips. With the markets turning subdued on Monday, the p
GBP/USD retreats from 3-month tops, slides to 1.2670-65 region
The GBP/USD pair surrendered a major part of its early gains and was last seen trading near the lower end of its trading range, around the 1.2670-65 r
EUR/USD to test the 1.1495 March high on a break of 1.1367 – Credit Suisse
EUR/USD strength has been capped as expected for now at the 1.1367/77 major barrier but analysts at Credit Suisse expect an eventual break which would
Pound Sterling Price News and Forecast: GBP/USD bullish trend remains unabated despite Brexit concerns
"The UK continues to backtrack on commitments taken" – the harsh words of Michel Barnier, Chief EU Negotiator, reflects the deadlock in talks about fu
Singapore: Further pain expected for the high street – UOB
Economist Barnabas Gan at UOB Group reviewed the latest data from Retail Sales in Singapore. Key Quotes “Singapore retail sales plunged 40.5% y/y in A
Gold: Dips mark a good entry point – TDS
As traders liquidate long positions, hopes of inflation and the Fed keeping rates at 0% may mark a good entry point due to the recent dips in gold pri
OPEC producers: No plan to continue with voluntary oil cuts – Reuters
According to the latest headlines floating on the wires, via Reuters, OPEC producers have no plan to continue with their 1.180 million bpd voluntary o
GBP/USD: A close above the 1.2681 200-DMA to lead toward 1.2726 resistance – Credit Suisse
A close above the 200-day average at 1.2681 would mark a significant break higher with next resistance at 1.2726/31, the Credit Suisse analyst team ap