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Yearly Archives: 2024

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Commodity Surge As Geopolitical Tension Rise

Written on May 28, 2024 at 5:21 am, by

Market Summary The market saw muted activity as both the U.S. and the U.K. observed public holidays in yesterday’s session. The dollar index (DXY) edged lower, failing to hold above the 104.50 level. This decline comes as the market anticipates signs of cooling U.S. inflation ahead of the PCE reading due on Friday. Meanwhile, theContinue Reading

Euro Gains On Stronger PMI, Soft Dollar

Written on May 28, 2024 at 2:13 am, by

Fundamental Analysis * Euro Uplift: The Euro has gained ground against the U.S. dollar following recent positive PMI data from the Eurozone and a weakening dollar. In May, the Eurozone’s private sector activity displayed promising growth, driven by robust expansion in the services sector and a less severe contraction in the manufacturing sector. The servicesContinue Reading

How to Trade and Invest in Gold

Written on May 27, 2024 at 8:05 am, by

Gold has been used as a store of value for thousands of years. Even today, it remains a highly liquid asset, with hundreds of billions worth traded every day. Content: What Is Gold And Gold Trading? What Affects The Price Of Gold? Why Gold Trading? How To Start Trading Gold? How To Read And AnalyseContinue Reading

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