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Oil prices stabilized on Thursday after a sharp drop in the previous session as data showed an unexpected increase in U.S. oil stockpiles last week due to increased production...
Anyone with any experience in the forex markets and in technical analysis strategies has likely heard a great deal about the Moving Average Convergence Divergence (MACD). But what exactly does the MACD tell us - and how is it calculated...
On Thursday the greenback edged higher as investors awaited a flurry of U.S. data later in the day, including the closely watched government nonfarm payrolls report, which could underline expectations for a rate hike...
A poll showed more Greeks are leaning to accept deeper cuts - against the government’s call to vote against creditors’ terms for more aid...
FED, ECB, Greece: "The Greek Referendum will drive headlines for the near-term. We believe that divergence of monetary policies is a more powerful EUR driver than Greek risks...
Gold prices were weaker in Asia on Thursday after finishing lower in the U.S. session, as risk appetite among investors and traders was higher these days, which is bullish for the stock markets but bearish for safe-haven gold...
Chinese shares slid Thursday as Beijing’s fresh measures to stabilize falling equity markets failed to restrain selling. Other Asian shares were higher, however, as European markets recovered and investor confidence stabilized...
On Tuesday Athens missed the deadline for a €1.5bn ($1.7bn) payment to the International Monetary Fund (IMF). Greece no longer has access to billions of euros in funds, as the previous eurozone bailout expired...
LAGOS — The declining fortunes of the naira in the parallel market worsened yesterday as it lost N4 against the dollar with the parallel market exchange rate closing at N230 per dollar...
Japan’s retail investors aren’t buying into the yen’s rally as the Greek crisis spurs traditional haven flows into the Asian nation’s currency. Wagers by individuals, who borrow so they can trade greater amounts than the cash held in their accounts, turned the most bearish on the yen since Feb...
"The employment report is likely to show another solid month of job creation in June. As a result, the unemployment rate will likely lower to 5.4% from 5.5%." "Within the components of the establishment survey, we expect private payrolls of 215,000 with the government only adding 5,000...
GBP/AUD: Long position closed The pair was tipped last weekend and positions have been opened on Monday June 15. For more information please check my Weekly strategy review: Weekly Review Strategy Wk25. The GBP is almost the strongest currency at the moment with a score of 7 after the USD(8...
ECB President Mario Draghi, left, and Greek Prime Minister Alexis Tsipras ECB won’t pull plug on Greek banks just yet...
Investors hedging against Greece, but there's no panic Global investors are hedged against a potential exit of Greece from the euro zone ahead of Sunday's referendum, but they're not betting on a huge fallout in financial markets even if there is a negative outcome...
Euro Area Ends Greece Negotiations Until Referendum Outcome Euro-area finance ministers ruled out further negotiations between Greece and its creditors until a Sunday referendum on austerity, Dutch Finance Minister Jeroen Dijsselbloem said...
D1 price is on primary bullish condition with the secondary correction started with 195.86 resistance level. "The British Pound is making cautious downward progress against the Japanese Yen after breaking two-month rising trend support. A daily close below the 23.6% Fibonacci retracement at 190...
June has been a disappointing month despite lower stock prices and increase in the VIX volatility index...
U.S. stocks rose, after equities capped their worst quarter since 2012, as Greece signaled it was ready to compromise to end a standoff over a bailout. Financial shares in the Standard & Poor’s 500 Index headed for the biggest gain in three weeks as Chubb Corp. surged 30 percent after Ace Ltd...
