The pair AUD/NZD has been under pressure for well over a month now and just on Thursday the cross touched its lowest level since late March. It would seem that the AUD/NZD downward trend is going on. However, the analysis of the cycles paints a different picture...
Most investors seem to feel pretty confident that this market will never go down. But if you’ve studied bear markets, you know how this story will end. Don’t forget: Human nature never changes...
U.K 's leading index, a measure of perceptions on future economic conditions, increased at a stable rate in May, results of a survey by the Conference Board showed Friday. The Conference Board leading economic index rose 0.5 percent month-on-month in May, the same as in April...
BitPay Launches New Platform Renowned Bitcoin payment processing service provider BitPay recently launched CoPay – an open source wallet service having multi-signature as a key feature. This new wallet service is to fill the security loopholes that often occur during the safety of private keys...
While concerns over Portugal's banking sector, as well as Thursday's economic reports from EEA countries continued to weigh, the euro was almost unchanged against the U.S. dollar on Friday...
A weak U.S. dollar is a threat to the global economy and the only way to stop the greenback’s decline is to reintroduce a gold standard, said media tycoon, Steve Forbes...
Stocks from U.S. to Europe slid as increasing concern over signs of financial stress in Portugal sent investors seeking safety in Treasuries, the yen and gold. The Standard & Poor’s 500 Index fell 0.4 percent at 1:16 p.m...
As can be seen from the hourly BTC/USD chart, the price of Bitcoin is now consolidating sideways and has managed to sustain just above support S1...
The unemployment rate in Australia increased more than expected in June. reaching the highest level in 11-years, data from the Australian Bureau of Statistics showed Thursday...
Consumer prices in China were up 2.3 percent on year in June, the National Bureau of Statistics said on Wednesday. That was shy of forecasts for 2.4 percent, and it was down from 2.5 percent in May. Individually, food prices jumped an annual 3.7 percent in June, while non-food prices gained 1...
EUR/USD Technical Strategy: Pending Short Support: 1.3583, 1.3502-12, 1.3454 Resistance:1.3653, 1.3689, 1.3747 The Euro fell against the US Dollar as expected after the pair produced a bearish Evening Star candlestick pattern below the 1.37 figure. A daily close below support is at 1.3583, the 23...
With so many stocks to look at, many traders resort to scans and filters to help whittle down their selection to a select group which meets their specific criteria...
Australia's consumer confidence increased in July after a tumble in the previous months but remained weaker than average, results of a survey by Westpac showed Wednesday. The Westpac Melbourne Institute Index of Consumer Sentiment rose 1.9 percent on month to 94.9 in July from 93.2 in June...
As the world's second largest importer of oil, higher oil prices could pose a threat to China's economic growth story, Bank of America Merrill Lynch analysts have said...
Gold is precious again. After investors sent bullion tumbling in 2013 by the most in three decades and kept dumping the metal earlier this year, demand is now up and prices are defying bearish forecasts...
As is almost always the case, the gold price got sold down the moment that trading began in New York on Sunday evening, with the low of the day coming shortly after 9:30 a.m BST in London. It rallied a few dollars from there before getting sold down about the same amount going into the London p.m...
Gold futures fell as analysts brought forward estimates for the Federal Reserve to raise U.S. interest rates, crimping demand for the metal as an inflation hedge. Goldman Sachs Group Inc...
The first ever bad publicity stunt for Bitcoin in France, and Europe, came today when the country’s law enforcements dismantled a local Bitcoin exchange, and seized a large amount of digital and fiat currencies as well. Two people were also indicted during the raid...
The best performing sector as of midday Monday is the Utilities sector, up 0.1%. Within that group, Entergy ETR (NYSE: ETR) and Exelon (NYSE: EXC) are two large stocks leading the way, showing a gain of 1.4% and 1.1%, respectively...
