Open Demo Account
Home / Market Update / Market Drivers – Asian Session 25-11-2021

Market Drivers – Asian Session 25-11-2021

Adel 25 November, 2021 1:51 pm Market Update

There were no fresh moves for the majors during the Asian session. Fresh headlines are crossing the wires from the UAE official, via Reuters, citing that it is fully committed to OPEC and its allies (OPEC+) agreement.

Gold futures rose 0.47% to $1,792.75, after falling to their lowest level since November 4 on Wednesday. While the dollar, which usually moves in reverse with gold, fell on Thursday.

The official Kuwait News Agency reported late on Wednesday that the Ministry of Oil confirmed in a statement Kuwait’s full commitment to the OPEC + alliance agreement, and denied the existence of any prior position regarding the upcoming meeting of the alliance.

Tags

Check Also

EUR/USD declines Amid Deepened Bearish Bias

The EUR/USD currency pair experienced a sharp decline at the beginning of the week, falling …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends