Recent content by MazibFloyd

  1. M

    What affects the US30

    What affects the US30? Some of the biggest factors which influence sentiment are rapidly changing energy prices, war/terrorism and political unrest or gridlock. Uncertainty tends to have a major impact on investor sentiment and their willingness to invest in the equities that make up the Dow...
  2. M

    Gold’s drop keeps anxiety high ahead of crucial Fed meeting

    Gold’s plunge to the lowest in more than two years has left it vulnerable ahead of a Federal Reserve meeting that will be pivotal for the metal. Bullion had hovered above $1 700 an ounce for most of September but plummeted on Thursday after breaking through a technical support that’s held since...
  3. M

    What is forex system?

    A forex trading system is a rules-based approach for trading currencies. Forex trading systems can be automated as they are essentially just algorithms that a trader runs based on the market signals
  4. M

    Gold Price Forecast: XAU/USD retreats from over a one-week high, back below $1,715 level

    Gold witnessed an intraday turnaround from over a one-week high touched earlier this Thursday. Aggressive rate hikes by major central banks continue to act as a headwind for the commodity. Retreating US bond yields keep the USD bulls on the defensive, though fail to lend any support.
Top