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Generalising the opinions of 35 analysts from world leading banks and broker companies collected in a table as well as forecasts based on different methods of technical and graphical analysis, it can be noticed that this week sharp changes in the levels are not expected for any of the pairs, and...
In the times when the gold standard was being used, the US dollar was associated with gold. During that time, the value of a unit of currency was linked with a specific amount of gold...
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...
By 2020, Apple Inc. would be ready to produce electric cars. But the Silicon Valley giant is also facing a lawsuit for allegedly poaching employees...
Hello Traders! - The market for gold coins and bars in Europe is now twice as large as that of the United States, and similarly on par with those of China and India. In addition, the India Trade Ministry is said to be seeking to cut the gold import tax from 10 percent to 2 percent...
There have always been worries that the Chinese government could use its power to force homegrown technology companies like ZTE, Huawei, Qihoo 360 and Lenovo to spy on user communications, but now a bombshell has landed that shows Lenovo is forcing adware onto users' computers on the company's ow...
Below are the most recent forecasts for major currencies, as provided for Danske Bank. Danske Bank - the largest commercial bank in Denmark, one of the leading banks in Northern Europe. Affilation Danske Bank Group. 285 takes place in the ranking Forbes Global 2000...
The common currency is now consolidating its break above 1.1400 the figure vs. the dollar, taking EUR/USD to the 1.1410/15 band. EUR/USD moderate reaction after all After hitting intraday highs near 1.1440, the pair surrendered some gains towards 1...
European ministers may have agreed on a bailout for Greece. The Euro is acting favourably tonight so are US indexes (the only market open). This coupled with dovish fed minutes this week is very favourable to Gold in my opinion. Check out my profile and my EA for no stress trading...
Prospective Forex trader do not always have all the right information before making the decision to commit to this interesting but also challenging industry...
Walmart CEO Doug McMillon letter to associates regarding minimum salaries (Walmart) see also A stimulus plan for the heretofore unstimulated (TRB) Revealed: The experts Apple hired to build an electric car (9to5 mac) Why Nasdaq in 2015 is not the same as 2000 (Irrelevant Investor) Your Alpha is M...
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...
EURAUD has fallen to test the low from 9th February. Monthly pivot is also at 1.4446, price still inside bull flag formation from yesterday. Daily range has been exhausted. With an eurusd option expiry today for NY cut at 1...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, USD/JPY, and AUD/USD. EUR/USD: remains rangebound with the ongoing Greece negotiations. The pair should stay completely news-driven today...
A slowdown in Canada Retail Sales may spur a larger advance in USD/CAD as the Bank of Canada (BoC) adopts a more cautious outlook for the region...
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...