Wilfred Frost reports on United Kingdom PM Theresa May triggering Article 50 to officially begin the process of leaving the European Union.
Gold futures rose to their highest price in a month in Monday trading. Meanwhile, the US dollar was under pressure after President Trump’s failure on Friday to pass healthcare reform, raising doubts over his ability to deliver his economic promises.
Since winning the most disruptive election in US history last November, Donald Trump’s abrasive Tweets and controversial comments in various social media websites have been a major driving factor for the equity market and Forex Currency movements. President Donald Trump has indicated that he wants to maintain a weak U.S dollar to help American companies […]
COMEX Gold Futures Daily Chart: Price retraced to the 61.8% Fibonacci Level In early Friday trading, COMEX gold futures traded to a fresh 15 week high, reaching levels last seen on November 11th. Despite recent hawkish Fed rhetoric, minutes from the latest Federal Reserve policy meeting cut expectations for an interest rate hike in March, lowering U.S. bond […]