FxGrow Blog

FxGrow Blog

ECB to Held Rates Steady, Eyes On The ECB P...

Published on 19 October 2016 @ 11:53 AM (UTC)
By 4M Trading S.A.R.L
...

FED RATE HIKE IS INEVITABLE, EYES ON U.S EC...

Published on 17 October 2016 @ 9:16 AM (UTC)
By 4M Trading S.A.R.L
Stocks rose last week on upbeat Chinese inflation data but then decreased on weaker than expected Chinese export data. stocks then closed higher on Friday after stronger than expected U.S re...

OIL PRICES TURNED POSITIVE ON SURPRISE U.S ...

Published on 5 October 2016 @ 11:07 AM (UTC)
By 4M Trading S.A.R.L
Crude oil surged higher on Wednesday after API report shows a fall in US crude inventories. Right now, both crude benchmarks bounce-back, with Brent up +0.85% at $ 51.30, while WTI up +1% to $ 49.15. Oil continues its risin...

THE GOLD HOVERED LOWER AFTER STRONG U.S DAT...

Published on 4 October 2016 @ 9:33 AM (UTC)
By 4M Trading S.A.R.L
On Friday 30th Sep, XAUUSD dropped from 1328.08 hitting lows at 1313.20 in response to positive news on the U.S unemployment rate. A second negative shock wave hits gold yesterday, where better than expected U.S Manufacturing PMI data was released. As a result XAUUSD continued to extend its losses as the dol...
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