Gold continues to move steadily upward and at the end of last week the metal was able to demonstrate growth of more than 5.1%, having completed trading at the maximum values since 2013.
Results of the FOMC meeting bring significant adjustments to the dynamics of the financial market
During the week of June 24-30, we are following the statistics from Europe and the United States, which importance is increased after the latest comments from the Central Bank
The EUR / USD pair continues to move up against the background of a large-scale weakening of the dollar.
This morning, the price of gold once again updated the multi-year high, reaching the highest level since 2013.
Virtually no one has any doubt that the OPEC + deal will be extended. And nevertheless, the dates of the cartel meeting were postponed from June 25-27 to the beginning of July.
Oil market is being traded in the green due to support from the data on industry statistics from the U.S. and weakening dollar.
The EUR / USD pair is trading in the green zone, playing back yesterday's results of the FOMC meeting, at which the regulator kept interest rates at previous levels, but hinted at a possible decline in the future, with the deterioration of economic indicators.
Jerome Powell’s comments on a possible interest rate reduction at the next FOMC meetings provoked a boom in gold prices, which today updated trading highs from 2014.
Oil market has been traded in the green yesterday on the back of substantial improvement of investors’ mood after Donald Trump’s tweet regarding the productive phone call with PRC leader Xi Jinping.
