Tag Archives: commodities

Investigators turn attention to second forex fraud in Dubai As the man behind a Dh50 million forex scheme that promised to double investors’ money is arrested for a second time, investigators are now turning their attention to a second forex fraud believed to have snared thousands of Emirates crew. Sydney Lemos, who investors claim was ...

Gold Market Report 1-25-2017 Gold broke below the medium term ascending channel pattern at 1210 and below the 100h MA. It hit the daily high at 1209 and after hitting the daily low at 1193 managed to rebound just to give us a nice entry point for short position.   ...

Gold above 1180/oz Gold XAUUSD is trading again in positive territory today for ninth session in the last eleven. US Dollar retracement was seen benefiting dollar-denominated commodities. The price is trading above the 50h MA and above the 100h MA supporting the bullish scenario. MACD and momentum indicators are bullish. First ...

Why You Should Trade With GLoption Binary trading is the fastest growing trading market of the world. The binary market has a very simple concept of trading with huge profit margins in a very short period of time. These features of the binary trading create the attractions for the investors. ...

Crude Oil Sell Signal Crude oil broke below a triple-bottom on Thursday July 7th and the price action today points to more downside ahead. Crude oil rallied early in US trading session and touched as high as $45.77 but has faded once again and is now trading at a session ...

Factors Affecting Oil Prices Crude Oil prices are determined by commodities traders who buy oil futures contracts in the commodities market. These contracts are agreements to buy or sell oil at a specific date in the future for an agreed-upon price. They are executed on the floor of a commodity ...

Morgan Stanley further exits physical commodities business CME Group plans to launch a London-based Cocoa contract within the next year Coffee futures move higher as Brazil supply forecast lowered Gold futures climb above $1,306/oz on Comex EIA Natural Gas Inventory: -57 bcf vs. consensus of -54 bcf and -48 bcf ...

Brent crude steadied around three-month highs on Thursday, supported by expectations the Federal Reserve will keep its stimulus programme to aid the U.S. economy, while a sharp decline in crude inventories lifted U.S. oil to near 16-month peaks.