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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
Trade Magnates Team
Nov 2, 20171 min read
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Bitcoin Price Rose to a New All-Time High Above 6500$ Level
Trade Magnates - Bitcoin price rose to a new all-time high above 6500$ level on Wednesday after CME Group has announced its plans to launch
Trade Magnates Team
Nov 1, 20171 min read
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Oil Prices Rose After OPEC Improves Its Cuts Compliance
Trade Magnates - Oil prices rose on Wednesday after data showed that OPEC has improved it supply cuts limit and amid expectation of crude oi
Trade Magnates Team
Nov 1, 20171 min read
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U.S. Equities Remain on Track Posting a Strong Monthly Gains
Trade Magnates - U.S. equities remain on track, posting strong monthly gains, on Tuesday amid renewed doubts over tax cuts by the House...
Trade Magnates Team
Oct 31, 20171 min read
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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...
Trade Magnates Team
Oct 31, 20171 min read
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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...
Trade Magnates Team
Oct 30, 20171 min read
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Oil Prices at Their Highest Since March Amid Expectation of Output-Cut Extension
Oil prices moved higher with Brent Oil rising above $60 per barrel on Friday after the bullish comments by Saudi Arabia Crown Prince...
Trade Magnates Team
Oct 29, 20171 min read
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U.S. & European Stocks on a High Note Ahead of The ECB Policy Decision & The U.S. Initial J
Trade Magnates - U.S. and European stocks on a high note on Thursday ahead of the European Central Bank “ECB” policy decision and the...
Trade Magnates Team
Oct 26, 20171 min read
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The Pound Rose After UK GDP Grew Again in Q3
Trade Magnates - The pound rose on Wednesday after UK GDP grew again in Q3 rising 0.4% quarter on quarter against the prior quarter’s...
Trade Magnates Team
Oct 25, 20171 min read
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USD Reaches Near Two-Week Highs Against Major Currencies
The dollar was trading near two-week highs against the other major currencies on Tuesday as speculation over who will be the next the...
Trade Magnates Team
Oct 24, 20171 min read
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Bitcoin Fell After Reaching Its Highest Record
Trade Magnates - Bitcoin fell after reaching to its highest record over the weekend at 6,100$ to be trading at around 5.840$ on Monday.
Trade Magnates Team
Oct 24, 20171 min read
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2 comments


Wall Street and World Stocks at Record High After Abe's Win
Trade Magnates - Wall Street indexes has had a strong run at record levels on Monday following Japanese Prime Minister Shinzo Abe’s win...
Trade Magnates Team
Oct 23, 20171 min read
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Dollar Up Against Majors Amid Hopes of a Tax Reform
Trade Magnates - U.S. dollar is keeping the strength at the beginning of the trading week with the EURUSD at around 1.1731 level. The...
Trade Magnates Team
Oct 23, 20171 min read
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Gold Prices Fell on Friday While U.S. Dollar is on the Rise.
Trade Magnates - Gold is weaker declining from the up move we have seen on Thursday and now trading at 1285$ range. The down move is...
Trade Magnates Team
Oct 20, 20171 min read
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Oil Prices Higher Amid Kurdish - Iraqi Conflict
Trade Magnates - Oil prices are closing higher on Friday amid the ongoing tensions in the Kurdish region of Iraq and the decline in the...
Trade Magnates Team
Oct 20, 20171 min read
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U.S. Dollar Rose Higher Against The Majors
Trade Magnates -U.S. Dollar rose higher against the majors on Friday on hopes for a major U.S. tax reform and next head of Federal...
Trade Magnates Team
Oct 20, 20171 min read
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Gold Still Lower Than 1290$/oz
Trade Magnates -Gold is recovering after three days in a row of daily pullbacks trading on Thursday at around 1290$ ounce troy. With the...
Trade Magnates Team
Oct 19, 20171 min read
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Weaker Pound Against USD and EUR - Adding Pressure on BoE to Trigger a Rate Hike
Trade Magnates -The Sterling is depreciating against the U.S. Dollar and the EUR, with the GBP/USD at 1.3130 and EUR/GBP at .8970 on...
Trade Magnates Team
Oct 19, 20171 min read
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Oil Prices Trading On A High Note Amid Market Re-balancing Expectations
Trade Magnates -On Thursday, Crude oil is trading at its highest level in three weeks in a prominent indication of a market rebalance...
Trade Magnates Team
Oct 19, 20171 min read
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USDCAD Dropped Below 1.2500
Trade Magnates -The Canadian Dollar regaining its value against the US dollar on Wednesday after the Canadian manufacturing sales rose by...
Trade Magnates Team
Oct 18, 20171 min read
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