Author of daily news

Aleksander Gogolewski, 27
[email protected] | 441224051619

Aleksander has over six years of experience in trading and knows in practice what a modern trader needs. He tests new strategies, platforms, and methods of market analysis. He learns how to work with automated Expert Advisors and devises ways to make trading tens of times easier.
Dollar rises ahead of Fed’s new policy

The dollar rose in Asian trade on Wednesday driven by a tech crackdown in China and caution before the Federal Reserve’s latest policy decision. However, the greenback remained below recent peaks. The U.S. Dollar Index that measures the greenback against other major currencies edged up 0.06% to 92.493. The USD/JPY pair climbed 0.03% to 109.80. The AUD/USD pair fell 0.09% to…

UK June home prices decline on tax cut

British home prices dropped in July following a trim down of a coronavirus emergency tax break for buyers at the end of June. However, mortgage lender Nationwide said pandemic-driven demand for bigger homes will support the market. House prices decelerated for the first time since March with a 0.5% crash from June. This slowed the…

Australia’s CPI rises in Q2

Australia’s consumer prices grew at the fastest annual pace in almost 13 years in the second quarter. This was attributed to higher gasoline prices and the unwinding of government subsidies. However, a far lower figure for core inflation signaled the rise would be brief. The run-up has been overshadowed by events, with COVID-19 restrictions stalling…

Gold rises, hovers near $1,800 mark as Fed decision looms

Gold rose in Asia on Wednesday, staying near the key $1,800 mark as investors await the US Federal Reserve’s latest policy decision. Gold futures climbed up 0.36% to $1,806.35 by 12:01 AM ET (4:01 AM GMT). The dollar, which typically moves inversely to gold, also went up on Wednesday but did not breach its three-and-a-half-month…

China sees slow growth in June industrial profit

China’s economic recovery faces a new bump in the road as profit from its industrial firm  slowed for the fourth straight month in June due to high raw material prices. Tuesday’s data from the National Bureau of Statistics showed a 20% year-on-year increase in industrial firms’ profits to 791.8 billion yuan ($122.27 billion) in June. This…