On Friday, September 23, during the European session, spot gold fluctuated in the range of $30. The day after the September FOMC meeting, the Fed took in a total of $2.359 trillion in fixed-rate reverse repurchase operations from 102 counter parties, a record high. U.S. Treasury Secretary Yellen's speech showed that she is very hopeful that the Fed can address inflation while maintaining a strong labor market.
This is the way to get profit from another foreign exchange. Even more, gold is a product of investment that will never be influenced by inflation.
On September 22, Thursday, Beijing time, spot gold fluctuated in the range of US$30, and finally closed down 0.14% at US$1,671.44 per ounce; spot silver erased all intraday gains and finally closed down 0.12% at US$19.57 per ounce. ounce.
The Financial Commission today announced that it has added TMGM, or Trademax Global Markets, to its member roster, which is made up of online brokerages operating in FX, derivatives and cryptocurrency markets.
On Wednesday, September 22, this trading day will focus on the Bank of England interest rate decision, changes in the number of initial jobless claims in the United States, and news related to the geopolitical situation.
According to the plaintiffs, the truth about this financial relationship was revealed three years after it ended on February 6, 2017, when news broke that FXCM had settled with the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA) regarding its relationship with Effex.
Nowadays, the price of forex is unstable because some tragedies happened last year. So, the price of forex changes every time. That is all that can influence the price of forex.
A new endpoint was added to the AutoTrading service group, which returns the acceptance status for the terms and conditions for auto trading ("Saxo Select") for the currently logged-in customer.
On September 21,Wednesday, Beijing time, spot gold staged a roller coaster market, first falling below the US$1,660 mark, and then pumping back about US$34 to a maximum of US$1,687.98, and finally closed up 0.56% at US$1,674.22 per ounce; Spot silver fell back after failing to challenge the $20 mark, and finally closed up 1.50% at $19.56 an ounce.
IGas Energy PLC is a UK based oil and gas exploration and production company. The company is engaged in exploring, appraising, developing and producing oil and gas properties.
• AUD/USD is back under pressure following an extension of the bullish correction. • Bears eye a move below 0.6880 for the day ahead.
Some traders will make unavoidable mistakes but it's important to learn about the common trading mistakes and how you can avoid them. Beginner traders tend to find trading intimidating and worry about making mistakes. But did you know common trading mistakes aren't specific to beginners? Even seasoned traders make mistakes. The solution to avoiding them lies in developing a structured and disciplined approach to trading, and this blog explains how to do it in 4 steps.
Activist investor Dan Loeb indicated in a tweet that he's going to retreat from his push to get Disney to spin off ESPN. Dreams really can come true, or at least that’s what activist investor Dan Loeb was hoping to achieve when he called for media and entertainment group, Walt Disney (DIS) to spin-off its sports division, ESPN.
On Wednesday, September 21, the Fed's interest rate decision will be ushered in this trading day. The market generally expects to raise interest rates by at least 75 basis points, and the expectations are also hawkish. When the US dollar hits a new high, gold prices face further downside risks. But after the Fed's interest rate decision, investors need to beware of the possibility that the bears will leave the market or the Fed's hawks will be less than expected.
The Abu Dhabi Global Market Financial Services Regulatory Authority has awarded eToro, the social trading platform, In-Principle Approval (ADGM). Following the expected approval of a full license, the global broker will be permitted to operate as a security, derivatives, and cryptocurrency broker in the UAE capital.
All currency on the forex will increase when the oil price increases. Both of them are like a chain that Will related to each other. Thus, traders need to know information, deeply.
XTB, a renowned supplier of financial trading services, said today that it has teamed with Conor McGregor, a multi-weight UFC champion. According to the company's announcement, McGregor has been named XTB's newest worldwide brand ambassador.
On September 21, Tuesday, Beijing time, spot gold fell sharply after failing to challenge the $1,680 mark in Asian trading, and once fell below the $1660 mark, the high point fell by about $20, and finally closed down 0.66% at $1664.94 per ounce.
On Monday, September 20, investors maintained a cautious stance ahead of this week's Fed policy meeting. The market generally expects at least a 75 basis point rate hike, with a 20% probability of a 100 basis point rate hike. The strong resistance of the 1680 mark also limits the rebound space of gold prices, the US dollar index is still at a relatively high level, and SPDR positions continue to decline.
Forex trading is more developed since it uses technology online. So, a lot of brokers present their platforms using business websites. As well as, learning this business is easier.