Crude oil prices traded in a tight range yesterday. WTI crude opened the day at $57.77 and tested it weekly...
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Angeline Feliciano has been trading Forex for over ten years. She has invaluable experience working in FX education companies like BabyPips.com and Learn to Trade as a trader, currency analyst, trading coach, and presenter. Aside from these roles, she has also created intensive educational content on fundamental analysis which is heavily sought after by retail traders. She has taught hundreds of people how to trade the FX market in the Philippines and in Australia. When she is not trading, you can find her in the gym lifting weights.
Among the major currencies, the British pound gave up the most ground to the US dollar in yesterday’s trading. GBPUSD steadily traded lower from its opening price of 1.2899 and finished the day at 1.2863.
Yesterday was a topsy-tuvy day for the Australian dollar. AUDUSD spiked from 0.6767 to 0.6794 in a matter of seconds before stabilizing and closing the day 10 pips higher at 0.6786. Meanwhile, AUDJPY surged to a high of 74.09 early in the Asian session and later bottomed to 73.70. The currency pair, however, managed to close the day 24 pips higher at 74.02.
The DAX index is off to a slow start in Tuesday’s European session. Germany’s blue-chip stock index is trading slightly lower at 13,237.40 or around 9 points below its open. This follows after it finished yesterday’s trading flat at 13,246.45.
Asian equities markets were mixed early in Tuesday’s session with the Nikkei 225 up 80 points or 0.35% at 23,373.3...
The Aussie has been hard hit by the dollar’s strength in yesterday’s trading. AUDUSD traded lower from 0.6798 to 0.6767 where it bottomed. By the end of Monday’s trading, the currency pair was down 12 pips at 0.6767.
Crude oil prices were flat in Monday’s trading. WTI crude fell to an intraday low of $57.11 mid-day and found...
Gold prices declined in at the start of this week’s trading. XAUUSD steadily traded lower to $1,454.90 after opening at $1,460.46 as risk appetite lingered in the markets.
The British pound rallied strongly against the US dollar yesterday, clocking in the most gains among major currencies. GBPUSD started...
The euro scored its fourth consecutive losing day to the dollar on Monday. EURUSD opened the week at 1.1015 and was trading higher during the Asian session tapping an intraday high of 1.1031. However, the currency pair failed to find enough bids to sustain a rally. It closed at 1.1012.