Technical Outlook Client Advisory – OrderGlo Accounts
Technical Outlook Client Advisory – OrderGlo Accounts
Gold extended its rally to a new record high on Thursday, as investors turned to the safe-haven asset due to U.S.-China trade tensions and the U.S. government shutdown, with prospects of interest rate cuts further boosting demand. Spot gold was up 0.7% at $4,235.41 per ounce, as of 1012 GMT. Earlier, bullion touched a record […]
Gold prices surged to fresh records this week, climbing as political turmoil in Washington pushed investors into safe havens. The rally comes amid a U.S. government shutdown, after a Republican-backed spending bill failed to pass the Senate. This uncertainty has kept traders biased towards safe havens, with other precious metals also rallying this week. Prior to […]
Gold prices slipped back from hit fresh record highs Tuesday, after having earlier extended their strong run as markets fretted over a seemingly imminent U.S. government shutdown. At 08:55 ET (12:55 GMT), Spot gold fell 0.4% to $3,819.07, falling back from a record high of $3,871.72 an ounce, while gold futures slipped 0.2% to $3,847.50. after hitting a peak […]
To start forex trading, you typically need a minimum deposit ranging from about $50 to a few hundred dollars, depending on the broker and type of account you choose. Most beginner traders start with around $100 to $500 to gain some flexibility and better risk management in trading. While it is possible to start with […]
Gold prices fell in Asian trade on Thursday amid some improvement in risk appetite after U.S. President Donald Trump downplayed fears that he will prematurely fire Fed Chair Jerome Powell. Broader metal prices were also subdued amid pressure from a stronger dollar, which steadied near a three-week high following sticky inflation data for June. But […]
Oil prices were stable on Monday as investors awaited U.S.-China trade talks in London in the hope that a deal could boost the global economic outlook and subsequently fuel demand. Brent crude futures gained 11 cents, or 0.2%, to $66.58 a barrel by 1312 GMT while U.S. West Texas Intermediate crude rose by 6 cents, or […]
The euro experienced a decline after Christine Lagarde, President of the European Central Bank (ECB), cautioned about potential weaker growth and played down the possibility of increased inflation, should President Trump’s proposed tariffs against the EU be met with a counter response. Lagarde addressed European lawmakers on Thursday, outlining a scenario where economic growth could […]
Bitcoin moved higher on Thursday, extending overnight gains as risk appetite improved after the Federal Reserve maintained its rate cut projections and signaled no drastic changes in the face of increased economic uncertainty. XRP remained a standout performer in crypto, staying close to a two-week high after the Securities and Exchange Commission dropped its long-running […]
The past few days on the crypto market have been anything but pleasant. Total (EPA:TTEF) liquidations across leveraged positions have approached the $1 billion mark, leaving bulls with the lion’s share of losses. Bitcoin, naturally at the center of attention, saw its price plunge below the critical $100,000 level amid an imbalance in perpetual futures […]
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