Analysts at BBH noted that OPEC(Organization of the Petroleum Exporting Countries) did nothing, and by doing nothing, the current strategy of trying to force out high-cost producers continues. Key Quotes: "If anything, OPEC seemed to legitimize the current output above the previous quota...
Additional headlines from BOJ board member Mr. T...
USD/JPY is currently trading at 123.21 with a high of 123.24 and a low of 123.14. The major unit is supported in the opening hour of Tokyo in an exceptionally quiet start to what looks to be a non eventful week ahead...
06.12.2015 00:00Independence Day Currency: EUR, Importance: Not significant 06.12.2015 00:00Spanish Constitution Day...
Major highlights of the recent report: - While all eyes now turn to the US as investors, economists and ordinary people with great anticipation are waiting for the Fed’s decision in December in regard to the borrowing costs, the rest of the world remains in a somewhat shaky condition...
Markets on Friday reversed some of Thursday's big moves, when stocks and government-bond prices fell sharply in Europe and the U.S. and the euro surged...
The Dow industrials surged Friday to end a tumultuous week after a strong U.S. jobs report cleared the way for the Federal Reserve to raise interest rates. The Dow Jones Industrial Average rose 369.96 points, or 2.1%, to 17847.63, for its biggest increase since Sept. 8. The S&P 500 rose 42...
On Friday morning, the AUD/USD pair is trading on the downside - in general, the whole week was turbulent for the “Aussie.” The Australian dollar is falling on Friday morning after rising the previous day...
The main currency pair is energetic and mobile tonight, because of the comments of the ECB. So, the first really significant news this week has arrived - The European Central Bank left interest rates unchanged at the minimum level of 0.05%, but lowered its deposit rate to -0.30% from -0.20...
The developments on expanding the web platform features are in full swing. Our immediate and most important objective is to provide web traders with technical analysis tools. To address this task, we have started adding technical indicators into the web platform...
The main currency pair is trading lower after the publication of the inflation report on Wednesday afternoon. On Wednesday afternoon, the euro/dollar fell after the release of mixed statistics for the euro area. At the moment, the instrument is trading near the 1.0595 mark (-0.3...
The week is going to be a critical one for the market: we will see some high impacted news events which can move the market a lot: 2015-12-03 12:45 GMT | [EUR - Repo Rate] 2015-12-03 13:30 GMT | [EUR - ECB Press Conference] 2015-12-03 15:00 GMT | [USD - Fed Chair Janet Yellen Yellen Speech] 2015...
Below is the list of major economic events which are to take place from November 30 to December 4 and are likely to influence the markets...
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The number of U.S. citizens filing for unemployment benefits fell more than expected last week, approaching 42-year lows as labor market conditions continue to tighten...
On the last full trading day of the holiday week, market players will have to monitor geopolitics along with some major indicators about the U.S. economy...
Joseph Stiglitz, the Nobel-prize-winning economist, thinks that the famous 2012 promise by European Central Bank head Mario Draghi to shield the euro zone only papered over the cracks that are caused by the defective design of the currency bloc...
Due to the Thanksgiving Day holiday on Thursday, November 26th, please note that the Gold and Silver markets will close at 18:00 GMT (server time) and re-open at 23:00 GMT (server time...
The upcoming week is expected to be less busy, than the previous one with the U.S. markets closed on Thursday for the Thanksgiving holiday and Friday being a half day. Tokyo is closed Monday for a national holiday...