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Forex Market News by FOREXer
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May Week 4, Looking Back and Looking Forward
Take a look at what happened to financial markets on the fourth week of the May.
May 28, 2023
Gold Prices Have Dipped Under The $1,960.00 Mark
Gold prices have dipped under the $1,960.00 mark due to an increasingly strong US Dollar Index aiming for a 10-week peak of 104.00.
May 25, 2023
GBPUSD experiences a surge in response to UK inflation data
The GBPUSD pair experiences a temporary surge in response to stronger UK inflation data.
May 24, 2023
Gold, Trading With Limited Gains
Gold price fails to capitalize on Friday's recovery, trading with limited gains/minor losses at the start of the new week.
May 22, 2023
May Week 3, Looking Back and Looking Forward
Take a look at what happened to financial markets on the third week of the May.
May 21, 2023
Bitcoin Moon Mission During The Summer of 2023
Astrobotic Technology, BitMEX, and Bitcoin Magazine have joined forces to make Bitcoin's journey to the Moon a reality.
May 19, 2023
Ethereum Battle Against the US Dollar
Ethereum price is facing resistance below the crucial $1,840 level in its battle against the US Dollar.
May 18, 2023
Gold Recovers as US Dollar Faces Challenges
Gold price clings to mild gains as it recovers from its lowest levels in three weeks.
May 18, 2023
Oil prices remained steady
Oil prices remained steady as investors carefully evaluated concerns surrounding the future demand for crude oil.
May 17, 2023
USDJPY Continues Rally at 136.62
USDJPY maintains its upward momentum for the fourth consecutive day, resulting in a remarkable gain of 230 points.
May 16, 2023
Gold Has Demonstrated Its Strength
Despite the dollar's robust performance, gold has demonstrated its strength.
May 15, 2023
Instability of the GBPUSD Exchange Rate
The exchange rate between GBP and USD underwent a period of volatility, signaling a time of instability in the market.
May 15, 2023
May Week 2, Looking Back and Looking Forward
Take a look at what happened to financial markets on the second week of May.
May 14, 2023
US Dollar Regains Strength Against Japanese Yen
USD initially weakened against the JPY during the week but quickly reversed its course, indicating renewed strength.
May 12, 2023
Euro Extends Decline as 50 Day EMA is Broken
The euro extends its decline as the crucial 50-Day EMA level is broken.
May 12, 2023
Gold Struggles Amid USD Strength and Debt Worries
The XAU/USD is currently hovering around the $2,030 mark and struggles to capitalize on the gains recorded over the past two trading sessions.
May 10, 2023
Oil Futures Lower Amid Weak Data
Crude oil futures experienced a slight decline amid Wednesday's Asian trading hours.
May 10, 2023
Buffett Sold $13.3B in Equities
Berkshire Hathaway sold off $13.3 billion worth of equities and invested more in cash and US Treasuries in Q1 2023
May 9, 2023
High Gas Fees on Ethereum Network
A trader paid approximately $120,000 for a single transaction on the Ethereum network as gas fees continue to surge.
May 9, 2023
Gold Prices Hold Tight Range Ahead of US Inflation Data
Gold prices hold tight range ahead of the US inflation data release, with spot gold up 0.3% at $2,027.08 per ounce.
May 9, 2023
EURUSD Uptrend Reaches 13-Month High
EURUSD has been in an uptrend since hitting its March low of 1.0515.
May 8, 2023
WTI Crude Oil Recovers From Multi-month Low
WTI crude oil has been experiencing an upward trend for three consecutive days and Recovers from a multi-month low.
May 8, 2023
May Week 1, Looking Back and Looking Forward
Take a look at what happened to financial markets on the first week of May.
May 7, 2023
GBPUSD Exchange Rate at 1.26
The GBPUSD exchange rate has reached its highest level in a year at 1.26.
May 5, 2023
USDJPY Downtrend For The Fourth Consecutive Day
The USDJPY pair has dropped for the fourth consecutive day, with bears approaching the weekly low during early Friday trading.
May 5, 2023
Gold Price Experiences a Significant Pullback
The price of gold dropped to around $2,040.00 during the Asian session after reaching an all-time high of $2,079.76.
May 4, 2023
Fed Chair's comments boost Bitcoin price
Bitcoin received a boost in price after the Fed Chair made positive comments about the US economy and banking sector.
May 4, 2023
Ethereum Price Rises above $1,880 Resistance
Ethereum's price rises and is attempting a fresh increase above the $1,880 resistance against the US Dollar.
May 4, 2023
Oil prices fall as investors are concerned about US economy
Oil prices declined on Wednesday following a 5% drop in the previous session.
May 3, 2023
Gold Demand Surges Ahead of The Expected FED Hike
Ahead of the expected FED hike, gold demand surges as the US economy slows down.
May 3, 2023
German Retail Sales Decline and the Fourth Drop in Five Months
The German consumer remains cautious with their spending, as retail sales in March declined by 2.4%.
May 2, 2023
Gold Prices Fall Amidst Strong Dollar and Weak Oil Prices
Gold prices have fallen by 0.5% to $1,980.78 per ounce, while U.S. gold futures shed the same percentage to $1,989.20.
May 1, 2023
Failure of First Republic Bank and Bitcoin Price Volatility
The beginning of May has seen the failure of First Republic Bank, marking a volatile start to the week for macroeconomic events.
May 1, 2023
GBPUSD Pair Shows Signs of Exhaustion Ahead of Fed Policy Meeting
The GBPUSD pair is struggling to continue its bullish momentum after failing to break above 1.2583.
May 1, 2023
April week 4, Looking Back and Looking Forward
Take a look at what happened to financial markets on the fourth week of April.
April 30, 2023
USDJPY Rises After Bank of Japan Governor Strikes Dovish Tone
The USDJPY rises sharply after the Bank of Japan's new Governor strikes a dovish tone during his first monetary policy decision.
April 29, 2023
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