Morgan Stanley is making the forecast for USD for the current week telling about bullish market condition: "With the Fed minutes leaving the option of a September rate hike open, the USD will be extremely data sensitive. Weak global demand is likely to continue weighing on manufacturing figures...
On Monday gold climbed to fresh seven-week peak, as grinding drop in global equities and the U.S. dollar boosted demand for a haven metal...
On Monday the greenback was lower versus the yen, euro impacted by a sharp drop in Chinese stocks overnight which added to worries over the growth in the world's second largest economy. This, in turn, spurred concerns over the timing of the Fed rate hike...
The plunge in oil prices continued on Monday, in line with the selloff in wider financial markets, as market players were taken aback by the rout in Chinese equity markets and fears about global economic growth...
UBS Global Chief Investment Officer Mark Haefele said in a note that investors should brace for further volatility in the equity markets...
Monday Asia trade saw the yen rising against its rivals, as concerns about the Chinese growth prompted investors to seek shelter...
Harborly (American Bitcoin Exchange) announced to shutdown the services: "When we first launched Harborly just over a year ago, we had the vision of giving our users the simplest, quickest, and safest way to buy and sell bitcoin globally using their local currency," the company told in announceme...
On Thursday Kazakhstan has shocked global markets - its national currency was plunge on 23 percent. Kazakhstan abandoned control of tenge rate. Vietnam also devalued the dong, while freely traded currencies (the South African rand and Turkey’s lira) extended losses...
Weekly price for CAC 40 Index (French stock market index) is on bullish for the secondary ranging market condition. Price is located between 5267.5 key resistance level and 4597.5 key support level...
China's stock market had yet another sell off on Friday, shedding 4.21% to wipe away the remaining gains from a dramatic market rescue launched by Beijing in early July...
First Bitcoin academy in the African continent is to play important role in the study of cryptocurrency and it has opened its doors for organizations and individuals to learn more about Bitcoin and Blockchain...
Fed still concerned by low inflation as rate liftoff nears. Federal Reserve officials signaled concern about stubbornly low inflation even as they indicated that an improving job market is bringing them closer to the first interest-rate increase in almost a decade...
W1 price is located below 200 period SMA (200-SMA) and 100 period SMA (100-SMA) for the primary bearish market condition. The price is trying to break 48.19 support level to go to 45...
Barclays made a forecast for high impacted fundamental news events which will be on Wednesday at 19:00 GMT. The bank is telling that Federal Open Market Committee is already made a decision concerning a September Fed hike...
The bank made a forecast for the price of gold at year-end and estimated that it will be increase as much as 10 percent higher than current levels. The bank set out five reasons in a report on Friday for the experts to believe gold prices could recover to $1,200 per ounce at the year-end. 1...
Skandinaviska Enskilda Banken made technical forecast for Brent Crude Oil the direction and the possible targets: Brent Crude: Bullish "Doji", but will it bite? "The downtrend is relentless and all indicators are pointing south still...
BNP Paribas are forecasting the strong USD but with the secondary ranging market condition - just because of China news on Fed expectations: "The underlying effective Fed funds rate has also been drifting higher over the past two weeks, reaching 15bp and suggesting some of the move in rates marke...
W1 price is located above 200 period SMA (200-SMA) and above 100 period SMA (100-SMA) for the primary bullish market condition with secondary ranging between 23.6% Fibo support level at 119.93 and Fibo resistance level at 125.85: two ascending triangle patterns were formed by the price with 125...
