Gold trims losses but gains remain limited amid strong USD and rate hike concerns
Gold (XAU/USD) recovered a large portion of its intraday decline and moved closer to the $4,400 level during Tuesday’s European session. However, the overall recovery still looks weak. Ongoing tensions involving Iran continue to raise inflation concerns, reducing expectations for interest rate cuts. This situation creates pressure on gold, which does not offer yields. At […]
WTI Oil Falls as Delay in US Strikes Reduces Middle East Supply Concerns
WTI crude oil prices declined sharply on Monday, trading near $92.20 at the time of writing, down more than 5% on the day. Prices dropped from around $100 to an intraday low near $84, marking the weakest level in over a week as tensions in the Middle East showed signs of easing. The fall came […]
How to Trade Cryptocurrency and Make Profit?
Cryptocurrencies are becoming a popular way of making profits with easy to earn money. There was a time when customers used to invest their money in real estate, business, jobs and other fields but things have changed now. People have understood the importance of cryptocurrencies. This currency can make you a wealthy individual overnight and […]
How to Start Investing with $100: Simple Guide for Beginners
Starting your investment journey with just $100 might sound small, but it’s actually one of the smartest financial decisions you can make. Many people believe investing is only for those with large capital, but the reality is completely different today. With modern platforms, fractional investing, and easy access to global markets, even a small amount […]
Canadian Dollar Edges Higher Ahead of Retail Sales Data
The Canadian Dollar (CAD) is trading slightly higher against major currencies during Friday’s Asian session, recovering modestly after Thursday’s sharp decline. The USD/CAD pair has slipped to around 1.3735, attempting to pull back from recent highs, though it remains close to its two-week peak of 1.3748. The earlier weakness in the CAD was largely driven […]
WTI Price Forecast: Pullback After Failing to Sustain Above $100
West Texas Intermediate (WTI) crude futures on NYMEX are trading more than 1% lower, hovering near $93.10 during early European trading on Friday. Oil prices are under pressure as easing geopolitical tensions in the Middle East reduce supply concerns. Developments such as Israel’s commitment to avoid targeting Iranian oil infrastructure and the possibility of easing […]
How to Choose the Top Forex Trading Platform?
Finding a top forex trading platform is problematic because it’s a far tougher task than spending currencies. Many platforms are offering forex market services but they are not of top-notch quality. Some are providing no bonus schemes and some have schemes hard to qualify for. Thus, it’s equally important to select a platform that’s way more superior […]
EUR/USD Holds Slight Gains Near 1.1470 Ahead of ECB Policy Decision
The EUR/USD pair moved slightly higher on Thursday, trading near 1.1470 during the early European session. The Euro showed mild strength against most major currencies as traders awaited the European Central Bank’s policy decision later in the day. The ECB is expected to keep interest rates unchanged. The deposit rate is likely to remain at […]
Gold Drops Below $4,800 as Strong Dollar Pressures Prices Despite Rising Global Tensions
Gold prices slipped below the $4,800 level on Thursday, hitting their lowest point in over a month. The decline came as the US Dollar stayed strong after the Federal Reserve signaled a tough stance on inflation, making gold less attractive to investors. Although gold saw some small gains earlier in the day, it failed to […]
Top 5 CFD Trading Platform Mistakes You Can Easily Avoid
CFD trading is one of the exceptional assets that you can use to trade different financial instruments. Do you wish to make profits with CFD trading? You can simply earn a substantial income out of it. Trading with a CFD trading platform is easy as compared to another platform like Forex or Shares. All you have to […]