Etiqueta: Blogger

Gold Prices Drop as US Dollar Approaches Fresh 2021 High

Gold prices dropped as APAC traders digested the FOMC minutes, causing the US Dollar to rise near its yearly high. Traders eye the upcoming Jackson Hole symposium.

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Oil Price Slides Towards July Low as US Output Rises for Second Week

The price of oil is on the cusp of taking out the July low ($65.01) as US production increases for the second straight week.

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US Dollar Surrenders Gains Despite FOMC Minutes Taper Talk

The US Dollar is peeling back from session highs as bears fade strength despite the latest FOMC minutes hinting that Fed officials might decide to taper asset purchases before year-end.

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The Federal Reserve Bank: A Forex Trader’s Guide

Learn about the US central bank, its key mandates, and how to trade Fed interest rate decisions.

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How to Read a Candlestick Chart

Learn how to read and interpret candlestick charts for day trading, with top strategies and tips.

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