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On Wednesday the dollar slid lower against the other major currencies, as market sentiment improved ahead of the European Central Bank's upcoming policy statement. The greenback still remained close to recent 12-year highs...
On Wednesday European shares approached a seven-year high, while Asian shares touched a six-week peak, as investors bet the European Central Bank would unveil a stimulus drive to boost the flagging euro zone economy...
After the initial massive gap in CHF pairs, the CHF is now trading well off of its strongest levels of the day...
Market movers today We expect US building permits and housing starts to surprise on the upside. The MBA purchase mortgage application index has increased substantially in the past two weeks and employment in the construction sector in December was a significant positive surprise...
The sterling is now quickly losing ground vs. the greenback, dragging GBP/USD to the 1.5080 area post-BoE, UK data. GBP/USD hurt by BoE vote, data Spot saw its recent gains eroded after the BoE showed an unanimous vote favoring the current status quo – rates at 0...
The Australian dollar traded higher against its U.S. counterpart on Wednesday, supported by positive consumer sentiment data from Australia. The New Zealand dollar also rose vs greenback recovering after two-week lows, despite the release of disappointing New Zealand inflation data...
Starting with the previous build, MetaTrader 4 for iPhone and iPad became compatible with iOS 8. The new version provides even more significant changes. Below are the three reasons why you should update your application right now: New MetaTrader 4 iOS features improved financial news...
According to a poll released on Tuesday by consultants PwC, senior European executives have largely given up hope of an economic upturn this year...
If anyone had any doubt how severely the global economy has been distorted by the actions of central bankers, the "surprise" announcement last week by the Swiss National Bank (SNB) to no longer peg the Swiss franc to the euro should provide a moment of crystal clarity...
On Wednesday gold price exceeded $1,300 an ounce for the first time in five months on speculation slowing global growth will prompt central banks to boost stimulus, driving demand for a shelter...
The Russell 1000 Index measures the performance of the large-cap segment of the U.S. equity universe. It is a subset of the Russell 3000® Index and includes approximately 1000 of the largest securities based on a combination of their market cap and current index membership...
US DOLLAR TECHNICAL ANALYSIS Prices may be carving out a top after prices put in a bearish Evening Star candle pattern. Near-term support is at 11599, the 14.6% Fibonacci retracement, with a break below that on a daily closing basis exposing the 23.6% level at 11527...
Jim Wyckoff, from Kitco Metals Inc., introduces the skills needed for reading and interpreting gold charts...
Quantitative Easing is bad for currencies, right? By definition, QE is a policy that seeks to stimulate the economy by increasing the monetary base, or supply of money, in an economy, and as we all know from Economics 101, a greater supply of a currency lowers it value...
BHP Billiton has reduced oil and gas spending in order to protect its balance sheet and shareholder dividends in the face of plunging commodity prices. The move had been expected after fellow US shale companies BP and Schlumberger laid off thousands of workers...
China's statistics agency said Tuesday that the International Monetary Fund is wrong in saying China has topped the U.S. as the largest economy in the world. According to the latest IMF figures based on purchasing power parity, China produced $17...
For today R4 - 1.1728 / R3 - 1.1669 / R2 - 1.1649 / R1 - 1.1615 SPOT 1.1571 S1 - 1.1530 / S2 - 1.1460 / S3 - 1.1445 / S4 - 1.1376 SHORT AT 1.1570 FOR 1.1376, REVISED STOP AT 1.1669...
EURUSD The indicator of OsMA,marking the tendencies of decline of activity of bovine side, gives founding to the preference of planning of positions oflateral correction for trade operations to date...
Comac Capital, the $1.2 billion hedge fund firm run by Colm O’Shea, is returning money to clients after losses incurred last week when the Swiss National Bank abandoned the franc’s cap against the euro, according to a person with knowledge of the situation...
After three days off, the S&P 500 opened up 11 points this morning and promptly went...straight down. I mean straight down, down 18 points in less than 20 minutes. That's a lot for 20 minutes; the S&P will normally swing in a 12 to 15 point range over the course of a whole trading session...
