Greece Rushes to Craft Reform Plan as EU Chiefs Voice Skepticism Prime Minister Alexis Tsipras is under pressure to show how far he’s willing to go to keep Greece in the euro as European leaders express skepticism he can deliver tough reforms...
House Considers Speeding Drug Development as Opposition Mounts The U.S. House of Representatives is expected to pass legislation to speed drug development and increase funding for medical research, even as leaders from both parties have voiced reservations...
Greece Draws Up Proposal in Last-Ditch Effort to Keep Euro Will it work? The government of Greek Prime Minister Alexis Tsipras submitted a new proposal it hopes will convince creditors to let the country stay in the euro...
Schaeuble Tells Lew He’d Gladly Swap Greece for Puerto Rico Wolfgang Schaeuble, the German finance minister who’s taking a hard line on Greece’s debt woes, says he’d gladly swap burdens with his American counterpart...
Iran Nuclear Deal Said to Miss Friday’s Congress Deadline Optimism is fading after 13 days of high-level nuclear talks between Iran and world powers, raising the possibility that almost two years of intense diplomacy could unravel if they don’t reach a deal in coming days...
Many banks estimated the value of EUR/USD at year-end as 1.04. For example, Barclays made forecasting long time before Grexit, 2 days before Grexit and after Grexit with one same value: 1.04...
The yuan may get significantly weaker, as analysts predict the Chinese government to stand down from its usual interventionist stance...
W1 price is located above 200 period SMA for the primary bullish and below 100 period SMA for the secondary ranging market condition between 141.05 resistance level and 126.09 support level: the price is on bullish ranging between key levels; price crossed 38.2% Fibo at 135...
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The International Monetary Fund (IMF) earlier Thursday cut its outlook of global economic growth for this year, citing weakness in growth of the U.S. economy...
GBPUSD: Targets Further Downside GBPUSD: Despite its present price hesitation, it faces downside pressure. On the downside, support lies at the 1.5400 level where a break if seen will aim at the 1.5350 level. A break of here will turn attention to the 1.5300 level...
Harmonic Trading, Volume One: Profiting from the Natural Order of the Financial Markets by Scott M. Carney...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, July 9th AUD/USD broadly higher after positive reports on the Employment change. The unemployment rate in Australia also did not reach the expected level and additional support was offered by Chinese CPI data...
Today's headlines will tell you what's going on in China: the country is in a classic speculative bubble that has been popped. Since June 18th, China lost about $5 trillion in value...
XAU/USD, H4 Let’s look at the four-hour chart. Tenkan-sen line is below Kijun-sen, the red line is turning upwards and can soon cross the flat blue line, forming a signal to buy. Confirmative Chinkou Span line is crossing the price chart from below; current Kumo-cloud is descending...
NZD/USD: Short position opened A position has been opened for this pair. The NZD is the weakest currency after the AUD and the USD which is at the moment the strongest currency with a score of 8. A short position has been openened on July 1 at 0,6781 and the pair is still in a strong downtrend...
European leaders talked openly about a Greek exit from the euro ahead of a weekend summit on the country’s economic future, breaking dramatically with years of denial about the possibility...
This Chart Shows How Complex the U.S. Stock Market Has Become Stock market fragmentation has a silver lining In recent years, the U.S. stock market has changed dramatically, thanks to an influx of regulatory, technological, and competitive pressures...
