Gold prices in Asian trading experienced a slight on Monday but remained below recent highs due to the strength of the US dollar.
Following the Federal Reserve’s decision to maintain interest rates, investors have a sense of cautious optimism. However, their confidence in anticipated rate cuts for 2024 has diminished in light of future projections.
In contrast, oil prices surged in early Asian trading due to concerns over global supply disruptions, with Brent crude futures climbing 0.6% to $85.95 a barrel and US crude futures rising 0.7% to $81.18 a barrel.
On the other hand, Bitcoin rebounded by 4.9% to $67,462.8. This increase was supported by capital flows into exchange-traded funds and anticipation of the upcoming “halving” event despite the cryptocurrency being $6000 below its peak in March.
As the largest market in the financial world, the Forex Exchange Market attracts trillions of…
An exchange rate system where a currency’s conversion rate is ‘pegged’ (fixed) in relation to…
Average Directional Index (ADX) is a technical indicator that is used to gauge the strength…
To put it simply, account equity is the real-time value of your current account balance…
Dear Valued Clients, Please be advised that the following CFD instruments will be automatically rolled…
This website uses cookies.