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CHF/JPY: Long Position has been opened on May 6. The pair was low in the ranking list for several weeks but is lately back high in the Top 10 with a rank of 7. The CHF has a currency score of 7 and the JPY a score of 3. The Weekly and Daily are all looking strong...
Nearing Peak, U.S. Home Price Gains to Slow (Barron’s) see also Housing Bubble? Despite Rising Prices, Most Economists Still Say No (Real Time Economics) The world forgot about Japan. But it’s back (Quartz) Here’s a Few Facts and Charts That Gold Bugs Might Not Like: Should you be holding gold...
A trader vulnerable experienced the throes of emotions due to the trading that he did every day. Emotional and psychological someone especially a trader more or less influenced by fear and anxiety. Failure in managing emotions effectively and consistently can cause disaster in your trading...
European economy saw a rise under Mario Draghi stimulus: profits are increasing, and the market is up...
US DOLLAR TECHNICAL ANALYSIS Prices are consolidating in choppy range after opening June at a seven-week high. A daily close below the 38.2% Fibonacci retracement at 11887 exposes the 50% level at 11839...
Gold prices are posting decent gains and regained ground to hit the key $1.200.00 level in morning trading Monday, after trading below unchanged in earlier dealings...
"With the breakdown of Euro Area GDP data and US Jolts figures the ‘highlight’ of today’s economic news, the FX market will go on watching bonds. There is no catalyst for EUR/USD to fall back unless amnesia fades and we remember the implications of the US data...
US DOLLAR TECHNICAL ANALYSIS Prices areaccelerating upward anew, with prices on pace to challenge monthly highs. Near-term resistance is at 12018, the 38.2% Fibonacci expansion, with a break above that on a daily closing basis exposing the 50% level at 12067...
What are the basic differences between the G7 and their rival group BRICS? Why does the "club of the mature" hardly need to include China? Deutsche Welle's columnist Frank Sieren reflects upon these questions shedding light on what role Russia played in underlining the differences...
Oil prices edged higher on Tuesday, as a weaker greenback lent support to commodities, and as investors awaited inventory data due later in the day. More oil data is expected on Wednesday and on Thursday...
The road back for the US Federal Reserve to ‘normal’ interest rates, inflation and economic growth is uncertain...
The Office of Financial Research - the U.S. institution that watches risks in the financial sector in the wake of the Great Recession - said it still does not understand why there has been an increasing number of sharp selloffs in the U.S. and European bond markets...
Good Afternoon (East Indonesia Time...
According to Westpac: "Friday’s EUR/USD close completed a bearish 3 day pattern, confirming the end of the recent upward correction." German 10-year yield ended only slightly higher on Friday despite more notable post-employment report, notes BNP Paribas...
On Tuesday the British currency was weaker against the dollar, despite data indicating that the U.K. trade deficit fell to the lowest in more than a year in April...
Apple Pay will be linked to loyalty cards and will be introduced in the United Kingdom in July, as the company seeks to overcome hiccups with its electronic payment system, combating rivals such as Google Inc., EBay Inc.’s PayPal, etc. At 9 a.m...
"Gold's inability to rally in response to the weaker dollar this past week is a disappointment and reinforced the bearish trend that's been in place since the mid-May rally above $1,220," said Ken Morrison, trader and editor Morrison On The Markets...
If Greece fails, it will be the beginning of the end of the eurozone, Greece's Prime Minister warned this morning, as he struggled to reach an agreement with creditors...
