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In the current complex global energy market, two key factors are influencing the fluctuation of oil prices. Firstly, according to insiders, due to the oil price falling to its lowest level in nine mon
The dollar lost ground as the Feds Beige Book suggests the U.S. economy is contracting. BoC cuts interest rates by 25 bps, but the Canadian dollar remains stable. Gold climbs to near the $2500 mark as
Product: XAU/USDPrediction: DecreaseFundamental Analysis: On Wednesday, during the US trading session, gold prices surged briefly, reaching $2,500 due to weaker US job vacancy data. On Thursday, gold
MARKET ANALYSISGOLD - GOLD is currently near 2483.417, and is finding support from this level. We expect further trading to happen soon as data releases are underway, especially with the news to be re
MARKET ANALYSISGOLD - GOLD is currently near 2483.417, and is finding support from this level. We expect further trading to happen soon as data releases are underway, especially with the news to be re
Gold's price aimed higher during the North American session after weaker-than-expected jobs data in the United States (US) increased the odds for a 50-basis-point (bps) rate cut by the Federal Reserve
The first day of the Jordan Financial Expo (JFEX) 2024 was a remarkable success for GTC FX! Held at the luxurious Movenpick Hotel in Amman, our presence at Booth #2 truly stood out, drawing significan
FXGT.com, an award-winning CFD broker renowned for its innovative trading solutions, is set to grab the spotlight as the Official Global Partner at iFX EXPO Asia 2024. This premier B2B event will take
The manufacturing activity in the United States continued to shrink for the fifth consecutive month in August, indicating a faster decline in orders and output. The Institute for Supply Management (IS
Wall Street experienced a significant sell-off, followed by the release of the U.S. PMI, which came short of the market consensus.Oil prices plunged as the Libyan oil field is expected to be back in o
MARKET OVERVIEWThis week, traders are bracing for a significant amount of data reporting, particularly focusing on Friday’s Non-farm payrolls report. The outcome of this report could shift market expe
Market OverviewTraders brace for heavy data reporting this week, especially the Non-farm payrolls report coming out this Friday. The result may change the market's bias on how much the FED will cut ra
MARKET OVERVIEWThis week, traders are gearing up for a flood of data, especially with the much-anticipated Non-farm payrolls report dropping this Friday. The results could shift the market’s view on h
AUS GLOBAL, a world-renowned broker, officially announced that it has successfully obtained the category 5 license issued by the SECURITIES COMMODITIES AUTHORITY (SCA) of the United Arab Emirates.Thi
MARKET OVERVIEWThis week, traders are bracing for a significant amount of data reporting, particularly focusing on Friday’s Non-farm payrolls report. The outcome of this report could shift market expe
Product: XAU/USDPrediction: IncreaseFundamental Analysis:The US Dollar rose on Tuesday, benefiting as a traditional safe-haven currency due to the sell-off in stocks and riskier currencies. Traders ar
Gold prices fell during the North American session as traders returned to their desks following the Labor Day holiday. Data from the United States (US) hinted that business activity contracted, though
MARKET ANALYSISGOLD - GOLD has consolidated and remains trading above its previous highest point, supported by 2487.026. With that in mind, we continue to see the possibility of an extended bullish tr
MARKET ANALYSISGOLD - GOLD has consolidated and remains trading above its previous highest point, supported by 2487.026. With that in mind, we continue to see the possibility of an extended bullish tr
Following Federal Reserve Chairman Powell's hint at a possible rate cut in September, the yen to US dollar exchange rate briefly surged to a level of 143 yen per US dollar. However, this market enthus