All Blogs
On Tuesday the euro was little changed vs the greenback, despite growing sentiment on German economy. Expectations for easing by the European Central Bank as soon as this week continued to weigh...
2015-01-20 02:00 GMT (or 04:00 MQ MT5 time) | [CNY - Retail Sales] past data is 11.7% forecast data is 11.7% actual data is 11.9% according to the latest press release if actual > forecast (or actual data) = good for currency (for CNY in our case...
As Bloomberg reports, Schlumberger Ltd (SLB), the world’s largest oilfield services company, will pay $1.7 billion for a stake in Russia’s biggest driller, Eurasia Drilling Co. (EDCL...
Markets are still very slow across the board because of the holiday yesterday in the US. However, this may change today as normal volumes should be back. Based on USD view, we still see currency trading higher with more gains in view if stocks will continue up...
EUR/USD remained in red in the European morning, after Germany’s factory gate prices fell for a 17th consecutive month in December last year. The EUR/USD headed south and trades now at 1.1580 levels, down -0.21% so far. The pair retreated after posting intraday high at 1.1602 levels...
Naomi Prins, former top Goldman Sachs banker, is bullish on gold price. “Gold will increase this year - also gradually for the same reason the dollar will not dump but could decrease gradually as QE and all these maneuvers play out. I don’t really think this is going to be that breakout year...
On Tuesday copper prices fell steeply, after data showed that China's economy grew at the slowest pace in 24 years last year...
On Tuesday oil markets descended, as China's economic growth for 2014 undershot a government goal and touched its weakest annual expansion in 24 years, contributing to worries in energy markets already suffering from slowing demand and oversupply...
US DOLLAR TECHNICAL ANALYSIS Prices are struggling with downside follow-through having topped as expected. A daily close below the 14.6% Fibonacci retracementat 11599 exposes the 23.6% level at 11527...
For the 24 hours to 23:00 GMT, the USD declined 0.19% against the CAD to close at 1.1951. In the Asian session, at GMT0400, the pair is trading at 1.1976, with the USD trading 0.22% higher from yesterday's close. This morning, IMF slashed its projections for the growth of Canadian economy to 2...
The better tone around the greenback is relegating EUR/USD to test the lower end fo the intraday range in the 1.1580/70 band. EUR/USD weaker despite China Chinese data surprised investors to the upside in early trade, although the risk sentiment remained eclipsed by a renewed wave of USD strength...
On Tuesday the Japanese currency held weaker in Asia after China reported better-than-expected figures on GDP, industrial output and retail sales. The safe haven yen remained underpinned on Monday as last week’s market volatility meant that investors remained risk adverse...
It’s been a rather lackluster start to what promises to be an action-packed week for traders. The only economic reports of note were Eurozone current account data from November (worse than expected at a €18...
The Aussie erased previous gains and fell against the US counterpart, as weaker commodities prices offset bullish Chinese data. Currently, the AUD/USD traded lower by -0.51% at 0.8169 levels, having clocked day’s high at 0.8213 levels post the release of China GDP numbers...
Petrol prices in Melbourne, the second largest city in Australia, have fallen to a six-year low, according to ABC. Several outlets reportedly sell unleaded fuel for less than a dollar a litre...
As reality sinks in amid the market’s growing realization that the astonishing move from the Swiss National Bank (SNB) to remove the minimum exchange rate had far more to do with the ever-increasing chances of the Euro decline persisting, – and the possible eventuality of safe-haven flows returni...
This survey with a sample of 176 was conducted over the past few days with a fairly even composition of clients." "Our survey found that almost 70% of investors expect ECB Sovereign QE in January. A smaller group expects it later or additional waves of Sovereign QE...
Samlple of using ToWave Strategy https://www.mql5.com/en/blogs/post/312436 Was closed 1 trade (case 2) on breakthrough H1-trend (II) with strategy rule (breakthrough M15-trend with breakthrough H1-trend) M15-chart...
The Wilshire 5000 Total Market Index, or more simply the Wilshire 5000, is a market-capitalization-weighted index of the market value of all stocks actively traded in the United States. As of September 30, 2014 the index contained only 3,698 components...
I still plan to keep buying some EURCHF ahead of ECB announcements later in the week. Hope all the negative publicity has priced into EUR already. Typically buy the rumor see the fact might work here , hopefully. Also, I don't think almighty SNB will let CHF rise further...
