About: anakin
Recent Posts by anakin
Wheat prices uncertain following weather prediction in Russia
Wheat prices drop to $6.84 following forecasted rain in southern Russia and Ukraine. A stronger US dollar also pressures the demand of farm goods.
Written on May 30, 2024 at 9:43 am
Categories: Today's Analysis
Tags: Commodities
Cable struggles below 1.0800 as key support levels loom
Key Points: The EUR/USD pair currently trades below the 1.0800 mark, reflecting a stronger dollar dominating this week’s exchanges due to rising yields. This scenario is dampening the overall risk appetite in the markets and enhancing the dollar’s appeal. Currently, the EUR/USD is retreating below its 100-day moving average, located at 1.0808. This move highlightsContinue Reading
Written on May 30, 2024 at 9:36 am
Categories: Today's Analysis
Tags: Cable, Euro, Forex
Aussie, Kiwi steady after setback from U.S. bond yields surge
Key points: The Australian and New Zealand dollars have stabilised after experiencing setbacks due to a surge in U.S. bond yields. This rise in yields has dampened risk appetites and obscured the outlook for global rate cuts. Picture: Aussie stabilises as seen on VT Markets app. Currently, the Australian dollar (AUDUSD) is steady at $0.6605,Continue Reading
Written on May 30, 2024 at 9:30 am
Categories: Today's Analysis
Tags: Aussie, Forex, Kiwi
Notification of Server Upgrade – May 30, 2024
Dear Client, As part of our commitment to provide the most reliable service to our clients, there will be server maintenance this weekend. Maintenance Hours : 1st of June 2024 (Saturday) 02:00 – 03:00 (GMT+3) Please refer to the MT4/MT5 software for the specific maintenance completion and marketing opening time. Please note that the followingContinue Reading
Written on May 30, 2024 at 9:24 am
Categories: Notifications
Gold prices retrace as US dollar and treasury yields rise ahead of key inflation data
Key points: This article is a follow up from: Gold rises ahead of key US data inflation data Gold (Symbol: XAUUSD) declined for the second consecutive session on Thursday, pressured by a stronger US dollar (USD) and rising Treasury yields ahead of key US inflation data. Spot gold retraced to the $2,330.44 per ounce priceContinue Reading
Written on May 30, 2024 at 8:05 am
Categories: Today's Analysis
Tags: Dollar, Gold, Indices
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