CM4X @CMForex

Joined January 2015

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CM4X @CMForex

9 years ago

The euro held steady at $1.2230, after briefly slipping to $1.2221 its lowest since Feb. 9. The common currency has lost momentum since hitting a three-year high of $1.2556 on Feb. 16. The euro could be subject to potential swings in price, analysts said.

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CM4X @CMForex

9 years ago

Gold prices fell 1.4% last week, which was its biggest decline in two and a half months. The precious metal began this week with gains, but as the U.S. dollar lost some of its momentum following recent gains, moves were tempered however ahead of Powell’s congressional testimony.

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CM4X @CMForex

9 years ago

The British pound has initially fallen during the trading session on Wednesday but found enough support underneath at the 1.32 level to turn around and show signs of bullishness. The 1.40 level is very important.

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CM4X @CMForex

9 years ago

Gold prices were pressured by a stronger dollar and a rising interest rate in Asian afternoon Wednesday. In a rising interest rate environment, investor appetite for gold weakens as the opportunity cost of holding the precious metal increases relative to interest-bearing assets

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CM4X @CMForex

9 years ago

Safe haven cross pair CHFJPY has been declining since forming a double top at ¥118.60 that coincides with the 2017 high. However, the uptrend (from the 2016 low) appears to remain valid and intact.

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CM4X @CMForex

9 years ago

US Dollar continues to slip against the Japanese Yen. The Dollar fell to a three-year low. Usd/Jpy currently at 105.828

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CM4X @CMForex

9 years ago

Gold prices went up sharply and hits three week highs amidst dollar weakness. Gold reached the high of $1355.56 per troy ounce yesterday.

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CM4X @CMForex

9 years ago

US Dollar fell to a 15-month low against the yen, its weakest since November 2016 and the Yen hits 5 month high. Usd/Jpy is currently trading at 107.150

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CM4X @CMForex

9 years ago

Oil prices settled on gains as OPEC monthly report underlying continued global oil demand growth lifted investor sentiment. Oil is currently trading at 59.58 per barrel.

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CM4X @CMForex

9 years ago

The Yen went up against the US Dollar today. It still traded to a below five month high as a US equities recovered last week.

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CM4X @CMForex

9 years ago

Japanese Yen almost hit four-month high against the dollar on Friday as global stock markets dipped again.

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CM4X @CMForex

9 years ago

Oil prices settled lower as US supplies soars for the second straight week and the production went up by over 10 million barrels per day. Oil is currently at 61.55 per barrel.

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CM4X @CMForex

9 years ago

Gold prices fell overnight to three week lows as the US Dollar went away the lows ignoring weaker economic data. Earlier today, Gold prices rose in Asia with a weaker dollar aiding sentiment.

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CM4X @CMForex

9 years ago

Crude Oil fell as much as 1.3% for a third daily drop and the longest losing since November as global financial market headed south in one of the biggest intra day falls ever registered in Wall Street.

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CM4X @CMForex

9 years ago

Oil prices fell today amidst outspread market sell off and a stronger dollar. It finished lower last Friday as traders weighed a steady increase in US output against OPEC's ongoing efforts to drain the market excess.

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CM4X @CMForex

9 years ago

GBP has been getting gains for the past three days, but this early morning it is tight with the USD. The confidence of the sterling will be tested today as we wait for the result of the Construction PMI. There are expectations of an increase in the sector mentioned.

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CM4X @CMForex

9 years ago

Euro is currently down against the US Dollar. US Dollar Index held steady against a basket of major currencies on Thursday. Federal Reserve signaled its confidence about growth and inflation in the world's biggest economy.

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CM4X @CMForex

9 years ago

Gold prices rose on Wednesday as President Donald Trump urged bipartisan cooperation on US immigration policies and rebuilding infrastructure in an address to Congress.

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CM4X @CMForex

9 years ago

Gold prices went down in Asia today while the dollar went up ahead of the start of the 2 days FOMC Meeting. There are expectations that views on inflation will have an impact on the market.

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CM4X @CMForex

9 years ago

Crude Oil opened little higher in Asia today from with weaker dollar sentiment. Last Friday, Oil closed the session to its strongest level since 2014. Prices also drew support from a weakening US dollar.