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Category: Forex Video Analysis

Daily Gold & Forex Trading News – 12 December

The U.S. dollar weakened versus most majors as risk appetite grew stronger following the highest level of Consumer Confidence in 6 months. Stocks finished the week strongly with NASDAQ gaining by 1.94% and the Dow Jones gaining by 1.55%.

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Weekly Gold & Forex Trading News – 11 December

Last Friday a European Union summit was held where a majority of European nations supported a plan to increase measures to enforce budgetary discipline across the Eurozone. The deal was, however vetoed by Britain and was seen as lacking the necessary immediate steps to stem the debt crisis.

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Daily Gold & Forex Trading News – 8 December

The US Dollar was inconstant against the major currencies. German officials said that Chancellor Angela Merkel’s government is pessimistic about the outcome of a European Union leaders’ summit in Brussels beginning tomorrow. This is causing the markets to be more volatile. In addition, Wall Street erased an earlier loss in the final hour of trading [...]

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Daily Gold & Forex Trading News – 7 December

The US Dollar traded mixed versus most of the major currencies and erased gains from the beginning of the day as stocks in Wall Street struggled to close on the positive side. The Dow Jones rose by 0.43% and the NASDAQ declined by 0.23%. Crude Oil slightly gained by 0.3% and closed at $101.20 a [...]

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Daily Gold & Forex Trading News – 6 December

The US Dollar weakened versus most of the majors as Europe keeps fighting against the debt crisis. Germany and France are considering new ways to handle the crisis situation. Wall Street managed to close on the positive side. The NASDAQ rose by 1.1% and the Dow Jones gained 0.65%. Crude Oil closed at $100.7 a [...]

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Daily Gold & Forex Trading News – 5 December

The US Dollar strengthened versus most of the majors after worse than expected Payrolls data. The market added 120 thousand jobs while the forecast predicted 125 thousand jobs. On the other hand, the unemployment rate unexpectedly dropped to a 2.5 year low from 9% to 8.6%. Wall Street closed with a mixed trading week mixed [...]

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Weekly Gold & Forex Trading News – 4 December

The Euro has advanced for first time since October before the crisis summit, while the US Dollar dropped. The euro zone currency advanced for the first time in 5 weeks against the USD as 6 central banks -including the Federal Reserve- acted to make more funds readily available to lenders to halt Europe’s debt crisis [...]

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Daily Gold & Forex Trading News – 1 December

The US Dollar fell versus most of the other majors after six central banks led by the Federal Reserve made it cheaper for banks to borrow dollars in emergencies in a global effort to ease Europe’s sovereign-debt crisis. Wall Street ended on a positive note as the NASDAQ jumped by 4.17% and the Dow Jones [...]

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Daily Gold & Forex Trading News – 30 November

The US Dollar remained mostly unchanged versus the other majors. Consumer Confidence increased by the most in more than 8 years and fueled risk appetite whilst the EU continued struggling with its bailout fund plan, lowering optimism. Wall Street ended on a mixed note as the NASDAQ declined by 0.47% and the Dow Jones gained [...]

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Daily Gold & Forex Trading News – 29 November

The US Dollar was inconstant against the major currencies as this week brought a strong start to the stock markets after the US shopping season and Thanksgiving Day, causing higher yielding currencies to be more attractive. Wall Street closed positive as the NASDAQ jumped by 3.52% and the Dow Jones by 2.59% respectively. Crude oil [...]

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