The team of low-level pounds three against the U.s. dollar on Monday yesterday afterdata showed that the manufacturing sector of the United Kingdom, while expanding ina slower rate compared to eskpektasi in the month of May...
On Monday the dollar remained broadly higher vs its rivals boosted by mounting expectations for a U.S. rate hike in the coming months and as markets awaited data on U.S. manufacturing activity. The U.K. currency meanwhile hit a three-week trough as data indicated that the U.K...
On Monday the euro edged lower against the dollar as ongoing concerns over the prospect of a Greek debt default weighed, while the greenback was steady near its highs against the yen...
US DOLLAR TECHNICAL ANALYSIS Prices continued to press upward, hitting the highest level in over a month. Near-term resistance is at 12037, the 76.4% Fibonacci retracement, with a break above that on a daily closing basis exposing the March 13 high at 12149...
EUR/USD extended its slide for another week as the dollar surged but gradually recovered. The ECB rate decision is the key event alongside PMIs Here is an outlook for the highlights of this week and an updated technical analysis for EUR/USD...
On Friday dollar was higher against its peers, as investors awaited the release of U.S. GDP data for the first quarter. Meanwhile, expectations for earlier rate hike continued to lend support for the greenback, as this week was rich for economic reports which indicated that the U.S...
The movement of gold little changed at the opening of the European trading sessionon Friday (29/05) this afternoon amid anticipation of investors against its first quartereconomic growth data in the US later on this evening. In the past few days us economic data strengthened the successful u.s...
Gold was down around 1.5%, while platinum and silver fell around 2%. Palladium was down just .26% and it is edging higher in early trading on Wednesday...
On Friday the greenback edged lower against the yen in Asia trade, with some investors locking in profits in the wake of this week’s high-profile rally...
The u.s. dollar to loosen his reinforcement on Friday (29/05) Asian session this morning, take a breath of the strong rally on this weekend that brought the u.s. currency to its highest level against the Yen since 2002 as well as growing eskpektasithat The Fed will raise interest rates this year...
New Zealand business confidence slumped to the lowest level since the country'sgeneral election last year as a result of waning optimism on the economy and a drop in expectations of inflation to a record low historically. NZDUSD As much as 15...
Thursday marked a decline in oil futures, with the U.S. benchmark touching its lowest level in about five weeks, as markets await confirmation from the U.S. authorities on if crude supplies declined...
On Thursday China's mainland markets were the main losers in Asia, as worries over tighter requirements on margin financing spurred selloff. Separately, filings signaled that China Central Huijin Investment Ltd., a unit of China's sovereign wealth fund China Investment Corp...
An OPEC source who preferred to stay unnamed said to Saudi Arabia's Al Hayat newspaper that the cartel is not likely to reduce oil production at the meeting in June, and the meeting will be short...
On Thursday the euro slid back to the one-month low as hopes for a close deal between Greece and creditors faded after ECB warning. The dollar was still stronger against peers despite fresh downbeat numbers...
Investment strategist Sara Nunnally was interviewed by Kitco News for her technical outlook on the gold market. Sara has her own projection on when the Federal Reserve is most likely to raise interest rates...
On Thursday the greenback declined versus rivals in a subdued trade, as investors awaited the release of U.S. economic reports later in the day. Meanwhile, expectations of an earlier rate hike in the U.S. kept lending support to the greenback...
On Thursday sterling slipped against the dollar after data signaled the economic growth in the U.K. in the first quarter of 2015 was unchanged from initial estimates...
Despite low oil prices, U.S. shale boom is proving resilient, the Organization of of the Petroleum Exporting Countries (OPEC) said in its biggest report this year, which suggests the global oil glut could linger for two more years. Every five years OPEC publishes long-term strategy reports...
