On Monday the euro zone currency declined against most major rivals in early European deals. Sentiment for the common currency quickly turned negative, as traders evaluated the small print of the upcoming deal. Greece still has to come up with a set of reforms that its EU creditors should accept...
On Monday the greenback was lower versus the Japanese Yen...
US DOLLAR TECHNICAL ANALYSIS Prices look to have reversed downward as expected after putting in a bearish Evening Star candlestick pattern. A daily close below the 14.6% Fibonacci retracementat 11740 exposes the 23.6% level at 11653...
After a “tense” meeting, Greece and the Eurogroup agreed a 4-month extension of the country’s bailout program, Eurogroup Head Dijsselbloem said in a press conference in Brussels...
Hours before Friday's make-or-break Eurogroup meeting, Greek Prime Minister Alexis Tsipras said that he was "certain" Athens' request for a six-month loan extension would be accepted despite objections from Berlin...
Oil inventories are surprisingly hovering near 80-year highs even as oil prices have tumbled by more than half since crude oil’s peak last June...
#10: India The world's second most populous country barely made the top 10 list. It's interesting that although India consumes more gold than any other, it only has 8.7% of its reserves dedicated to it. India's gold reserves are worth approximately $33 billion. Tonnes: 557.7 % of reserves: 8...
On Friday crude oil futures slid lower, as worries over a global supply glut undermined sentiment and after data on Thursday showed that oil supplies in the U.S. rose to the highest level on record...
Weekly digest compiles the latest news from the world of stocks and finance, currency and commodity news, as well as interesting informative articles for traders. Top news of the week: Greek standoff lingers. Euro zone is under danger of deep recession if Greece leaves it...
Some experts suggest oil prices will be range-bound for a while before heading lower, even as low as $20 per barrel. Others believe oil prices are about to head north before settling somewhere between $70 and $80 per barrel. Who is correct and can we really know for sure...
The S&P 500 stock market has been under strong rotation since mid-2014. Rotation in the stock market is when the trend changes direction from an uptrend to a downtrend or vice versa...
We are still waiting to see how the timing relationships we mentioned earlier this week are going to play out. The euro is starting to show signs of stalling out while Cable remains pretty bid...
Greece to ask for some sort of extension tomorrow – EUR/USD not buying it FOREX NEWS | WRITTEN BY YOHAY ELAM | CREATED: FEB 18, 2015 13:15 GMT; LAST MODIFIED: FEB 18, 2015 13:24 GMT FOLLOW...
The greenback edged higher against its peers on Thursday, as it was underpinned by strong U.S. jobless claims data and as renewed concerns over Greece's debt dampened market sentiment...
Value Investing operates from the principle that the prices of financial assets are mean reverting. In other words, when price is too low, it is time to buy; and when it is too high, it is time to sell. Specifically, the metrics that are expected to mean revert are valuation ratios...
On Thursday U.S. stock index futures were little changed as investors anticipated data on the labor market and continued to digest recent comments by Federal Reserve, says Reuters...
On Thursday copper prices declined in holiday-thinned trade, while market players continued to monitor ongoing negotiations surrounding Greece's bailout program...
When American Petroleum Institute supply data were released late Wednesday, oil market got shocked. However, investors still need to receive confirmation from the U.S. Energy Information Administration...
The Commonwealth Secretariat says that it is exploring the potential of virtual currencies including of Bitcoin and for that international experts and representatives of Commonwealth governments will meet soon...
