The primary forces working in the world of commodity trading are, of course, commodity traders. Different traders can vary by different practices and by which materials they deal with. These materials can be gold, silver, oil, lumber, wheat, corn, cattle, meat, basically any valuable raw materials you could think of. The traders usually deal with …
The Securities Industry and Financial Markets Association has recently advised brokers, bonds, and investors to stop trading for Good Friday. Thus, they will close the market an hour early, at 2 p.m. on Thursday, and it will remain closed on Good Friday. The Association is a notorious market adviser and is a brokerage-industry trade group …
Stock Markets Close on Good Friday and Easter Monday Read More »
Safe-haven currencies were in demand on Wednesday. The Japanese yen increased slightly versus the British pound to $1.2321, as well as the euro to $1.0878. Furthermore, the yen rose against the dollar by 0.1%. The U.S. currency traded lower to 108.55 yen by the end. The Japanese authorities issued a new policy to slow down …
The demand for safe-haven currencies rose on Wednesday Read More »
The U.S. dollar edged up on Wednesday after declining on Tuesday. Investors returned to safe-haven currencies, causing the greenback to rally against most majors after suffering its worst fall against a basket of currencies in almost two weeks. At first, safe-haven gains were slight, but they increased in morning trade as the two-day rally in …
U.S. Dollar soared after a short decline. What about Yen? Read More »
An exchange-traded fund (ETF) is a collection of different securities that you can invest in. They can be composed of different types of securities, including stocks, bonds and of course, commodities. In fact, a single ETF can include a mixture of these different types. Although they appear to be similar to mutual funds, they do …
Gold prices rebounded on Thursday despite a rise in the dollar as US yields rose. Moreover, gold has been unable to obtain refugee status, but its volatility remains high and will continue to generate volatile price action. After a larger-than-expected rise in US jobless claims, the riskiest assets unleashed. They doubled after the record levels …
Gold Up More than 1% on Unemployment Benefits in the US Read More »
Many experts in the economy can verify that the coronavirus pandemic has caused an excessive increase in free sales. Analysts argue that the situation shows how fragile today’s dollarized financial world is. The massive purchase of gold is a typical sign of panic. The coronavirus crisis has disrupted the forecasts of governments, companies, and investors …
Gold is Still An Active Refuge in the Times of A Crisis Read More »
Trading in commodities usually requires dealing in common contracts like futures, options, or trading directly with a separate party. There are, however, several alternatives available to traders. If you are unsure where to start trading in commodities and would like a safer and easier option, we can help you. There are some investment structures out …
Gold prices jumped more than 4% on Monday, reversing previous losses. Investor confidence was boosted by the Fed’s aggressive new measures to combat the economic impact of the coronavirus outbreak. The Federal Reserve announced that the US central bank would very aggressively buy more securities. The metal prices climbed from modestly higher levels to sharp …
Gold Climbs More Than 4% – Fed took new measures Read More »
The euro rose more than 1% to $1.0832 on Friday, after the volatile trading week. However, gauges of expected market swings for a month in the euro lowered a little. Currency swap spreads also eased where most of the funding pressure in dollar markets was evident. Stuart Oakley, a Singapore-based executive with Nomura, noted that …
European Currencies Gained Along with U.S. Dollar and Aussie Read More »
The Australian dollar jumped by 3.4% on Friday after tumbling to multi-year lows this week. Analysts warn that it was too early to call an end to the rout. But after the days of selling, the forex market was much calmer today. Almost all currencies, except the U.S. dollar, collapsed this week, after billions of …
Aussie rose on Friday. What about European currencies? Read More »
On Tuesday, at 17:00 (HCE), the cost of silver fell to $12.44 an ounce on the Stock Exchange of London LBMA Precious Metals. Silver price per gram equals $ 0.40. Silver remains vulnerable to a new wave of sales. The metal’s dimming industrial demand outlook is preventing it from attracting haven demand that’s supporting gold …
Commodities are the most basic and reliable goods to base your trading on. The practice of exchanging commodities is so old that it may, in fact, be the very first form of trading. A commodity could denote any physical item which humans value. As such, they will continue to be a vital part of trading …
The price of gold and silver registered sharp falls at the beginning of the new week, hit by general sales in all markets, in a context of extreme financial volatility not seen in decades. Gold dropped about 4% to $ 1,478 an ounce, its lowest level since December 2019. The price of silver plummeted around …
Investors Sell Everything to get Cash as Quickly as Possible Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. EURNZD The pair has recently pulled back from recent highs, recording a wild swing in price after the staggering Black Thursday market crash of 2020. This halted the 50-day moving average’s apparent crossing above …
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