FIBO Group - Forex Market Reviews

FIBO Group
Gold ready to rally again

The gold price is moving higher again today for the second day in a row as doubts linger on the Future of rate hikes...

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Pound slumps on interest rate talk

The pound slumped to its lowest level today post-election, following on from yesterday’s losses after comments...

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Euro has reached a top

The Euro has continued to tumble today, still reeling from yesterday’s bullish Fed speech and some believe that further losses are on the cards...

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Its a good day for gold

The gold price has surged higher in late European trading today, travelling in the opposite direction of the US dollar as a round...

FIBO Group
Gold could surge higher

The gold price is taking a breather today after making a run for the $1,300 level on the back of US dollar strength as traders...

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Opec cuts won't work

The oil price racked up its fourth straight day of gains today after Saudi Arabia and Russia said a deal to cut production...


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Pound awaits Fed decision

The British pound has come under pressure late in the European...

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Gold tanks on French election

The gold price has pulled back sharply today after yesterday's French election results which saw both...

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Pound surges on election news

The British pound jumped to a 4 month high...

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Pound bounces on strong data

The British pound is trading higher today after a significant rise in the services sector...

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RBA leaves rates on hold

The Australian dollar is sharply lower today after a monetary speech earlier today from the RBA...

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US drillers enjoy higher oil prices

In a surprise move pulled off late last year, it has been revealed that U.S. drillers hedged their bets last year against falling oil prices, which is likely...


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Pound hit 7 week high

British pound hit a 7-week high in today’s trading against its US counterpart over uncertainties about Donald Trumps policies after his attempt...

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Oil poised to go lower

The oil price is hovering near a 4 month low today after data out shows production cuts from OPEC are failing to counter the effects of increased shale...

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Gold continues to rebound

Gold is on target to rack up its 6th straight day of gains on the back of doubts over US President...

Gold rally set to continue

The gold price continues to climb today, racking up its 4th straight day of gains which started last Wednesday after a dovish speech from the US Federal Reserve. At 6.00pm (GMT) gold was trading at $1,234 up from $1,228 at close of trade on Friday...

Pound jumps for 2nd day

The British pound has continued to push higher today after the last hurdle was cleared to enact Brexit, as well as signs that the Bank of England’s board members are divided over monetary policy...

Australian dollar to face headwinds

The Australian is trending higher today, following on from Friday’s gains and brushing off further weakness in commodity prices. At 6.28pm (AEDT) the Aussie dollar was trading at US75.77c...


FIBO Group
Gold to rebound strongly

Gold is under further pressure today on rate hike expectations in the US and things...

Imminent rate hike hits the gold price

The gold price is under further pressure today on the back of a potential rate hike from the US Federal reserve this months which analysts agree is a near certainty...

Imminent rate hike hits the gold price

The gold price is under further pressure today on the back of a potential rate hike from the US Federal reserve this months which analysts agree is a near certainty. At 7.26pm (GMT) gold was trading at $1227 down from $1231in yesterday’s trading...


Pound slumps on government defeat

The British pound has dropped sharply today against it’s US counterpart on heightened expectations of a rate hike from the US Federal Reserve this month, as well as a vote by the house of lords to amend the bill for Britain to leave the European union...

FIBO Group
Oil in danger of sharp reversal

The price of oil has pulled back today after a Jump in US oil inventories which analysts say offset any production cuts from OPEC...

Can gold continue post Fed rally?

Gold jumped to a 3 month high today, snapping a 3-day losing streak today after traders digested yesterday’s minutes meeting from the US Federal Reserve...


Political instability hits the Euro

The Euro plummeted to a 6-week low in today’s trading session before slightly recovering as predictions of political instability swept through the European Union on the back of upcoming elections due out in the upcoming months...

Analysts deeply divided over pound

The British pound slipped in todays trading after disappointing local data and analysts are still deeply divided on the future direction of the currency...

Business conditions boost Aussie dollar

The Australian dollar is trading higher today, making a run for the US77c mark before pulling back after strong local data released earlier today...


Oil may be in for big reversal

The oil price rose for a 2nd straight day on Thursday on the back of a fall in US gasoline inventories, but some are starting to predict that a reversal of fortunes is just around the corner...

Euro faces political uncertainty

The Euro came under further pressure today on the back of renewed US dollar strength and political instability surrounding the possibility of an upset in the upcoming French elections and Dutch elections...

Great trading opportunity expected in pound

The British pound is under pressure today on the back of renewed US dollar strength but one of the world’s largest banks believes a big play is just around the corner...


  


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