US Dollars Up While Investors Await the G-20 Summit This Weekend
Investors are awaiting the G-20 summit impatiently as the impact on markets has started. The US Dollar gained strength rising by 0.2% while
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Trade Magnates Team
Jun 19, 20191 min read
Weaker EUR Against USD, Trump Tweets Accusing ECB President and China
After ECB President, Mario Draghi, speech which was implying that more rate cuts may be on the table, the EUR has dropped against the dollar
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Trade Magnates Team
Mar 14, 20181 min read
EURUSD Reached Four-Day High at 1.2412, Attention on ECB Draghi Speech and US Retail Sales Data
Trade Magnates - EURUSD reached a four-day high trading at 1.2412 as the common currency in Asia approached higher levels amid concerns...
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Trade Magnates Team
Dec 19, 20171 min read
Gold Prices Trading Around Their Highest In Two-Weeks
Trade Magnates - Gold prices were trading around their highest in two-week on Tuesday as investors are watching closely the US tax reform pl
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Trade Magnates Team
Dec 8, 20171 min read
Gold Hits Four – Month Low Amid Stronger Dollar
Trade Magnates - Gold Prices declined to four – months low on Tuesday at $1256 a troy ounce amid strong dollar as US tax reform continued it
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Trade Magnates Team
Dec 6, 20171 min read
Stronger US Dollar After Positive US Employment Data
Trade Magnates - US dollar continued its strength against major currencies on Wednesday after the release of US employment data that the US
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Trade Magnates Team
Dec 1, 20171 min read
Gold Prices Moved Higher As Tax Bill Vote Was Delayed By Senates
Trade Magnates - Gold prices moved higher from last session two-week low of $1,269 mark on Friday amid uncertainty over the delayed tax refo
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Trade Magnates Team
Nov 28, 20171 min read
US Dollar Remained Under Pressure Amid Rate Hike Concerns
Trade Magnates - The US dollar remained under pressure on Tuesday despite reaching higher levels amid renewed concerns over US rate hikes ex
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Trade Magnates Team
Nov 14, 20171 min read
Gold Prices Rose on Tuesday in The Form of a Weaker US Dollar
Trade Magnates - Gold prices moved higher on Tuesday in the form of a weaker US dollar. NYMEX gold futures for December rose to 1282.90$ a t
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Trade Magnates Team
Nov 13, 20171 min read
Stronger Dollar Against Other Majors as Sterling Stumbled to One Week-Lows
Trade Magnates - U.S. Dollar gained strength against major currencies on Monday driven by a positive tax reform comments from President Trum
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Trade Magnates Team
Nov 8, 20171 min read
Gold Rose to its Highest Level Since October 20th on Wednesday
Trade Magnates - Gold rose to its highest level since October the 20th at 1285 on Wednesday. The demand on the safe-haven asset increased as
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Trade Magnates Team
Nov 7, 20171 min read
The US Dollar Moved Higher While EUR Declined to its 3-Months Low Ahead of ECB Speech
Trade Magnates - The US dollar moved higher against other major currencies on Tuesday. The EUR/USD pair extended its overnight consolidative
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Trade Magnates Team
Nov 3, 20171 min read
Gold Prices Fell After Powell Has Been Nominated The Next Chair of The Federal Reserves
Trade Magnates - Gold prices depreciated after on Friday morning as President trump nominated Jerome Powell to be the chair of the...
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Trade Magnates Team
Nov 2, 20171 min read
The U.S. Dollar Edged Lower Prior Tax Bill, While Sterling Moved Higher Amid Rate Hike Expectations
Trade Magnates – The dollar moved lower on Thursday with the EURUSD trading at 1.1610 level after reaching five-day highs at 1.1670 and USD
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Trade Magnates Team
Oct 31, 20171 min read
Gold Prices at Session Low as U.S. Dollar Strengthens
Trade Magnates - Gold reaches a session low at 1270$ level driven by a recovering US bond yields and USD. However, the dollar's gains...
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Trade Magnates Team
Oct 30, 20171 min read
The Dollar Backed Off From Friday’s Three-Month Highs While The EUR Edged Higher
Trade Magnates - The dollar backed off from Friday’s three-month highs against other major currencies on Monday, while the euro moved...
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Trade Magnates Team
Oct 24, 20171 min read
USD Reaches Near Two-Week Highs Against Major Currencies
The dollar was trading near two-week highs against the other major currencies on Tuesday as speculation over who will be the next the...
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