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Dollar Rallies on US Employment Data

The dollar was up versus the major currencies following disappointing non-farm payrolls...

Gold spot price at $1,515

Gold price climbed to a record high in Asia today, in a seventh consecutive session of gains. Spot bullion prices rose $10.70 to $1,515.40...

Ban on insiders’ trading took effect on Sunday

A ban on the insiders' trading at public shareholding companies listed in the UAE capital markets took effect on Sunday, 17th March 2019, in...

Crude Oil Trades Near 29-Month High as Middle East Unrest Continues

// As violence in Libya continues, crude oil reached its highest level since September 2008 today, at $106.30 a barrel. Crude prices are also...

Further Bearish Movement Expected for USD Today

The EUR/USD pair is once again floating around the 1.3700 level, as analysts are predicting yet another bearish day for the greenback. A batch...

Dollar rallies vs Euro as unemployment rate in US falls to...

The dollar continued its rally against the euro on Friday, despite the weaker-than-expected increase in hiring in December, reflected in the Non-Farm Payrolls data....

Dollar Falls as Risk Appetite Rises

The euro gained against the U.S. dollar and Japanese yen in late...

USD May Turn Bullish Today

Following yesterday's losses, the US dollar has the potential to stage a bullish correction today providing that this week's Unemployment Claims figure comes in...

US Dollar Remains Weak despite Dip in Commodity Prices

This week may provide the decision point for the USD. With Non-Farm Payrolls due this Friday, the uncertainty surrounding the American recovery will undoubtedly...

Unrest in Libya Boosts Crude Oil to $99.90

Last week's most notable trends were the bullish Japanese yen and crude oil. Both trends took place in response to the rising violence in...

Interest Rate Differentials Trigger Dollar Selling

The US dollar sold off today in favor of higher yielding currencies with the largest gains seen in the euro and Aussie dollar. The...