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According to revised figures released Tuesday, the U.K. economy grew by 2.9 percent in the first quarter of 2015 from the same time last year – the sort of growth level that economists took for granted pre-credit crisis, says CNBC...
This week the scorecard recommends buying SEK, NOK and CHF, and selling NZD, USD and CAD (see suggested weights in portfolio in table below). The recommendation to buy the Scandies and the Swissie derives largely from last week’s dire performance (i.e...
H4 price is located exactly on 200 period SMA line on the chart by previous close H4 bar for now and below 100 period SMA ranging between Fibo resistance level at 1.1277 and 50.0% Fibo support level at 1.1115: The price is ranging between Fibo resistance level at 1.1277 and 50...
Gold prices extended losses to trade near a three-week low on Tuesday, after reports said Greek Prime Minister Alexis Tsipras might be reconsidering the latest proposal from the country’s international creditors...
“If the news on Greece is bad in coming days, I think you can see the euro go through $1.10 and then down to $1.05,” said Chris Gothard, head of FX at Brown Brothers Harriman in Europe...
Analysts at Citi Research expect a stronger U.S. dollar to push gold into a lower trading range in the second half of the year...
On Tuesday the greenback was stronger as markets prepared for Greece's almost unavoidable default on its IMF payment due today, June 30. However, Greece is now said to be in touch with its creditors in respect of a possible deal, however, no real movement has been seen so far...
USD remains the strongest currency in the longer term. The market is expecting the Fed to raise rates around September. Recent NFP readings have been positive and core inflation has, overall, been trending higher...
Online voting is the demand from the people who though want to vote cannot do so as they are not physically present at the voting center. Some other countries like Norway and Spain are trying to bring in similar systems...
Koreksi 50% fibo dari swing low @ 118.87 ke 125.85...tepat di 122.35, area yang cocok buat nge BUY USDJPY, boleh juga nunggu di 61.8% @ 121.50....Cheers...
On Tuesday the pound was almost unchanged against the U.S. dollar, after reports showed that Britain's economic growth was revised up, while U.K. account deficit appeared to be wider than economists had estimated...
“Initially there would be a massive selloff, something in the region of 30 to 40 percent depreciation against the dollar,” says Neil Jones, head of hedge-fund sales at Mizuho Bank Ltd. in London. “We will get fresh all-time lows” for the drachma, he thinks...
Almost all institutions expressed their position on if it would be a default if Greece misses its $1.7 billion payment to the International Monetary Fund on Tuesday, except for one key player. On Monday its spokesman declined to comment on what stance the institution would take...
Cycles are a unique kind of trading analytics, being one of the few types of market data that can be accurately measured. But understanding what the cycles mean and which trades to make based on them is an extremely complex process...
"We remain of the view that a solution can be found in order to give Greece access to funds to repay the IMF next Tuesday. The EUR, however, is unlikely to face any material upside in an environment of strongly capped ECB monetary policy expectations...
On Tuesday the euro was weaker in Asia, as financial markets prepared for Greek debt default. The outcome of the referendum due on July 5 is the main focus now with Greece's Tsipras hinting at resigning in case citizens vote 'Yes'...
Greece is heading for a “massive economic contraction” and is likely to be forced out of the euro zone, according to Mohamed El-Erian, the former chief executive at Pacific Investment Management Co...
Greece’s banks may need an injection of fresh emergency funds to operate Monday as people rushed to pull out money after Prime Minister Alexis Tsipras called a referendum that could decide his country’s fate in the euro...
