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Peter Hug, global trading CEO at Kitco Metals, who one week ago predicted a 5% drop was close, is now being interviewed by Kitco News. He says the psychological level for gold may be of a $1000 an ounce...
W1 price is on primary bearish market condition for trying to break 1.4253 resistance level together with Senkou Span A line which is the virtual border between the primary bullish and the primary bearish on the chart. If the price breaks 1...
On Thursday the pound declined against the U.S. dollar, after the release of negative U.K. retail sales data, although hopes for a rate hike by the Bank of England later in the year continued to lend support...
Current trend The GBP/USD pair keeps trading flat near the local high at 1.5700. For the GBP, the opening of the current trading week was not so favorable, but after the Bank of England released its Minutes on Wednesday, the pound managed to gain back its losses...
The euro is enjoying the post-Greek vote European market reaction and gathered firm gains versus the US dollar to trade at session highs. Frankfurt - Following a muted early-morning European trading session, the euro managed to test the psychological threshold of $1...
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Weekly price is on bearish market condition with below of 100-period SMA and 200-period SMA for ranging between 70 psy level and 45.17 support level. The price is trying to break 55.06 support level to be crossed for the bearish market condition to be continuing: the price crossed 60...
The euro was slightly higher against the U.S. dollar on Thursday, after Greek MPs passed a second set of crucial reforms early Thursday, paving the way to the country's third bailout...
July 22, 2015 Munich, Germany By plane, Asia and Europe are 12 hours apart. But on the ground the gap feels like decades. It’s always a shock to leave a place like Vietnam (where I was last week) and fly to Europe...
Coinsilium says that it will list on London’s AIM market, which would make it the first such company to publicly list. Once the company is listed on London AIM market so the investors would be able to invest in the stocks and get exposure to the new technology...
Weekly price is on bullish market condition located above 100-period SMA and above 200-period SMA: the price is in consolidation to be ranging between 2042.11 support level and 2134.42 resistance level; if the price will break 2134...
NZD/USD: Short After closing a short position in profit on July 13 because of the strong pullback another position has been opened on July 16 when the pair picked up the downtrend again last week...
EUR: This is the third week Citi is celebrating the EUR has been sold aggressively by Citi’s client base: "Overall, this highlights that the Greek risk is not a predominant driver of positioning, but that rates and policy expectations are...
In an interview with Kitco News, Frank Holmes, the head of U.S. Global Investors, has discussed the recent drop in the prices of gold suggesting it was a major player dumping the metal...
The European Central Bank has decided to provide Greece with another €900m of emergency liquidity, easing the pressure on Greek lenders as it prepares to embark on a third tour of duty in Athens, Bloomberg reported...
On Wednesday the greenback strengthened further after fresh data signaled sales of existing homes in the U.S. climbed at the fastest pace since February 2007...
Delegates from the Organization of the Petroleum Exporting Countries (OPEC) said they consider the current plunge in oil prices to be temporary adding that it will not deflect the cartel from its current policy of keeping output high to defend market share...
Greece parliament was set to vote later today on a second package of reforms needed to secure the country's bailout deal...