On Monday the greenback was almost unchanged against the loonie, trading close to more than five-year highs as trading volumes were expected to remain thin with U.S. markets closed for a national holiday...
“Saudi Arabia can sustain these low oil prices for at least eight years. First, we have huge financial reserves of about 3tn Saudi riyals (£527bn...
A regulatory crackdown on high-risk margin trading led to the biggest rout in Chinese equities since 2008. This, in turn, sent emerging-market stocks lower on Monday...
On Monday gold traded near a four-month high, as investors awaited Thursday's meeting of the European Central Bank, amid speculation it will start a government bond-buying program...
On Monday Brent crude oil prices dropped below $50 a barrel after Iraq announced record oil production darkening the global economic outlook. On Sunday Iraqi Oil Minister Adel Abdel Mehdi announced Iraq pumped 4 million barrels per day (bpd) of oil in December, its highest production ever...
On Monday the British currency rose against the U.S. dollar in quiet trade, but gains were expected to stay limited as investors locked in profits from the dollar's recent rally against its peers...
1. No more franc peg! In a surprising turn of events, the SNB announced that it would no longer defend the EUR/CHF floor at 1.2000, which was put in place back in September 2011...
The yen gained against all its major peers, as the steepest rout in Chinese equities since 2007 drove demand for shelters...
On Monday the Australian market finally grew after a week of losses, led by a recovery in the energy sector but weighed down in the afternoon by plunging Chinese sentiment, as The Sydney Morning Herald reports. Inspite of trading 1...
Political party which is though liberal in ideology, calls out for stricter control measures to be placed on the technology in a bid to improve security and prevent fraudulent and criminal activity...
technical analysis: - more interesting is USD/CHF chart (despite the fact that everyone is talking about EUR/CHF) - announcement of Swiss National bank concernig end of cap… from 1,02389 USD/CHF ( selling opportunity): a/ bearish harmonics weekly zone (gartley bearish) -see featured image – USD/C...
In the wake of Switzerland’s removing the cap on the Swiss franc’s value against the euro, debt owed by non-Swiss agents has become an emerging issue. That debt, denominated in either Swiss francs or in euros, is secured by collateral outside of Switzerland...
Gold and technical patterns go hand in hand in the market. Many believe that gold finds more power in movements from technical patterns than fundamentals and I'm generally inclined to agree with them on that, except when it comes to FOMC and Non-farm payroll days...
U.S. stocks wobble on Friday, after a five-day decline in the Standard & Poor’s 500 Index, as gains in energy shares counterbalance fallout from the Swiss currency shock and investors assessed the latest batch of economic and earnings reports...
On Friday, the US dollar rose against the Swiss franc, regaining ground after Thursday's three-and-a-half year lows, as markets digested the Swiss National Bank's unexpected monetary policy statement made that day...
The Currency Wars are still playing out Everyone knows that it’s illegal for the average ‘Joe Punter’ to partake in insider trading. Central banks have no such restrictions...
Netherlands Stockholder Association’s Director Paul Koster recently requested the central bankers to immediately ban the cryptocurrency Bitcoin. According to a report published on Dutch news service BNR, Koster deliberately chose the Bitcoin’s worst trading phase to throw tantrums over it...
Asian shares dropped with U.S. index futures as the surprising move from Switzerland abandoning the franc’s cap extended into a second day...
Unless you’ve been living under a rock, you’ve heard that the SNB made the shocking decision to drop its peg at 1...
Swiss franc surged to a record versus the euro as cash flooded into the nation after the Swiss National Bank removed a cap on the currency that had held back inflows for more than three years...
