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Monthly Archives: September 2023

Gold Prices Continue To Surge Ahead Of The FOMC Statement

Written on September 19, 2023 at 5:35 am, by

Gold prices have been increasing since last Friday, driven by widespread market expectations that the Fed will maintain its interest rates in September. The Dollar Index has remained relatively stable but at a robust level above the $105 threshold. This steadiness aligns with the prevailing sentiment in the equity markets as investors await the forthcomingContinue Reading

Dollar Dips As Investors Take Profits Ahead Of FOMC Meeting

Written on September 18, 2023 at 5:57 am, by

The US dollar recently retreated as investors capitalized on upbeat US economic data where 97% anticipate interest rates will remain stable. The US dollar recently retreated as investors capitalised on upbeat US economic data before the Federal Reserve’s forthcoming policy meeting, where 97% anticipate interest rates will remain stable. Simultaneously, gold rebounded after a briefContinue Reading

Understand The Pros And Cons Of CFD Trading

Written on September 15, 2023 at 10:14 am, by

CFDs Are Great For Speculating On Price Movements But There Are Risks CFD trading allows you to speculate on the price movements of various financial instruments, such as stocks, indices, commodities, and currencies, with the added benefit of leverage. However, CFD, which is the short form of Contract For Differences, also carries the risk ofContinue Reading

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