How Profitable Can Forex Trading Be?
UK Investor Magazine » Commodities/FX
by UK Investor Magazine
1M ago
Forex trading is extremely popular – it’s a great opportunity for those wanting to generate profit. Today, we explore a common query among traders: How profitable can Forex trading truly be? Gaining an Understanding of Forex Forex, short for foreign exchange, revolves around the trading of currencies. Its appeal lies in its accessibility and potential […] The post How Profitable Can Forex Trading Be? appeared first on UK Investor Magazine ..read more
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Oil prices spike on Iran attack threat
UK Investor Magazine » Commodities/FX
by UK Investor Magazine
1M ago
Oil prices spiked higher overnight after the US warned Iran could be planning an imminent attack in retaliation for a missile strike on its consulate in Syria. Any action would risk a dangerous escalation in the Middle East, and oil prices jumped higher to reflect the potential risk to supply. Analysts are uncertain of the […] The post Oil prices spike on Iran attack threat appeared first on UK Investor Magazine ..read more
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Gold hits another fresh record high as traders assess US jobs implications
UK Investor Magazine » Commodities/FX
by UK Investor Magazine
1M ago
Gold hit another fresh record high on Monday as traders digested a raft of economic data and prepared for central bank action later in the week. Gold was trading at $2,336 at the time of writing, retreating slightly from highs above $2,340. The gold rally is at odds with Western equity markets, which have also […] The post Gold hits another fresh record high as traders assess US jobs implications appeared first on UK Investor Magazine ..read more
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Oil prices rise on Middle East tensions
UK Investor Magazine » Commodities/FX
by UK Investor Magazine
1M ago
Oil prices rose on Tuesday after Israel launched an air strike on an Iranian embassy in Syria over the weekend.  The strike has raised fears of retaliation by Iran and an escalation in the Middle Eastern conflict that could disrupt oil supply. Brent oil futures were trading 1.48% higher at $88.71 and WTI rose 1.58% […] The post Oil prices rise on Middle East tensions appeared first on UK Investor Magazine ..read more
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Oil is firmer after Monday’s drop
UK Investor Magazine » Commodities/FX
by Eve Katz
4M ago
Oil was slightly firmer on Tuesday, showing the first signs of recovery following a sharp drop on Monday. WTI Crude was up 0.61%, while Brent was up by 1.02% at the time of writing on Tuesday. “The main focus for the market has been heightened tensions across the Middle East. Last week, the US and […] The post Oil is firmer after Monday’s drop appeared first on UK Investor Magazine ..read more
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Oil dips despite Middle East tensions
UK Investor Magazine » Commodities/FX
by Eve Katz
4M ago
Oil doesn’t seem able to catch a sustained bid as prices dipped on Monday despite concerns about the Middle East conflict disrupting crude supply. Following a 2% gain in oil benchmarks last week, Brent Crude was down by 1.21%, while WTI Crude was down by 1.35% at the time of writing on Monday. “Crude oil […] The post Oil dips despite Middle East tensions appeared first on UK Investor Magazine ..read more
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SEC approves first-spot Bitcoin ETFs
UK Investor Magazine » Commodities/FX
by Eve Katz
4M ago
The Securities and Exchange Commission (SEC) has granted approval for 11 bitcoin exchange-traded funds (ETFs), in a watershed moment for the world’s largest cryptocurrency. “The term ‘watershed moment’ can be a cliche, but in the case of today’s bitcoin ETF news, it could not be more justified,” said Yoni Assia, CEO and co-founder of eToro. […] The post SEC approves first-spot Bitcoin ETFs appeared first on UK Investor Magazine ..read more
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Oil gains after a rough Monday
UK Investor Magazine » Commodities/FX
by Eve Katz
4M ago
Despite the Monday hit from increased OPEC output and Saudi Arabia’s price cuts, WTI Crude jumped 2.02%, while Brent gained 1.95% at the time of writing on Tuesday. On Monday, both contracts fell over 3% as prices struggled against macroeconomic forces. However, “despite the outlook of softening demand for oil globally, Brent Crude has gained […] The post Oil gains after a rough Monday appeared first on UK Investor Magazine ..read more
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Oil sinks on increased OPEC output and Saudi Arabia price cuts
UK Investor Magazine » Commodities/FX
by Eve Katz
4M ago
On Monday, both WTI and Brent Crude dropped by almost 3% on the news of significant price reductions from leading exporter Saudi Arabia and an increase in the Organisation of the Petroleum Exporting Countries’ (OPEC) output. WTI Crude was down by 2.91%, while Brent Crude was down by almost 2.70% at the time of writing […] The post Oil sinks on increased OPEC output and Saudi Arabia price cuts appeared first on UK Investor Magazine ..read more
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Oil rally continues as an Iranian warship enters the Red Sea
UK Investor Magazine » Commodities/FX
by Eve Katz
5M ago
Oil prices jumped again by more than 2% on Tuesday after an Iranian warship entering the Red Sea after U.S. helicopters sank three Houthi boats on Sunday. Iran first announced the deployment of the Alborz destroyer through the strategic Bab al-Mandeb Strait on Monday, as reported by the Iranian state media. The details of the […] The post Oil rally continues as an Iranian warship enters the Red Sea appeared first on UK Investor Magazine ..read more
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