On Monday the euro hit fresh 11-month lows against the U.S. dollar, as comments by Federal Reserve Chair Janet Yellen boosted the greenback, while European Central Bank President Mario Draghi's remarks undermined demand for the single currency...
On Monday the dollar stepped higher against the euro and yen, as investors betted that interest rates were set on a diverging course in the United States, Europe and Japan, giving a lift to Tokyo stocks in the process...
“Of note is a weekly outside reversal and weekly RSI rolling over from above 70 this week. Prior instances of RSI rolling over (2004, 2006, and 2007) from above 70 indicated tops of at least several months.” GBPUSD has traded back to the year open (1.6565). 1.6565 to the March low (1...
Leading financial firm Saxo Bank Group reported mixed performance in the first half of 2014 owing to low volatility in FX markets. However, the firm rolled out new products while clients’ deposits rose by DKK 9.7 billion to a new high of DKK 60.3 billion...
If you get stuck paying out huge amounts to anyone, you want to ease the burden by writing it off. Bank of America may be smarting over the historic $17 billion legal settlement it reached over soured mortgage securities...
On Thursday Bitcoin firmed above the key $500-level, as prices of the cryptocurrency continued to recover from sharp losses suffered earlier this week...
On Thursday the dollar remained considerably stronger against the other major currencies, after the minutes of the Federal Reserve’s latest meeting were seen as being more hawkish...
More than half of English voters say they are opposed to Scotland’s plan to keep using the pound if the country votes for independence, a poll indicated...
The market movements can be said to be quite chaotic at the moment. Historical trends are being reversed. The trending down AUDUSD pair began a rather bullish move as a result of China's economic growth...
Over time, we have hearing about major online retails and businesses’ plans to accept cryptocurrencies as payments. While some of them have already started to accept them as one, few are still planning the revolutionary integrations...
USDJPY is trading near the top end of its multi-month consolidation Our broader bias is positive on the exchange rate A close over the 61.8% retracement of the April/May decline near 102...
Litecoin opened up a bearish outlook toward the 2014-low of 2.21 when it broke below a support pivot at 6.66. Since then, price has been “chewing” down the tail from the July 1st spike down...
A security breach was reported by BTCJam, the bitcoin lender, on August 10, but hastened to reiterate that accounts of users have not been compromised...
On Thursday the dollar pushed lower against a basket of other major currencies, as the release of downbeat jobless claims data dampened demand for the green presidents...
As a forex trader, if you check several different currency pairs to find the trade setups, you should be aware of the currency pairs correlation, because of two main reasons: You avoid taking the same position with several correlated currency pairs at the same time and so you do not multiply your...
Traders typically approach financial markets in one of two ways: either through technical analysis or fundamental analysis. The reality is that history is full of traders who have had very successful careers as traders that employed both of these types of analyses...
"The dollar-rupee has become a play on global markets, and we may see a pause in the dollar's runaway gains," said Anindya Banerjee, a currency analyst at Kotak Securities, a brokerage in Mumbai. The partially convertible rupee closed at 61.19/20 per dollar, compared to Friday's close of 61.14/15...
German economic confidence weakened sharply to the weakest level since December 2012 as geopolitical tensions weighed on analyst expectations, the results of a closely watched survey from the Mannheim-based Centre for European Economic Research/ZEW showed Tuesday...
GBPUSD posted its biggest monthly decline in July since May 2013. The selling pressure was driven by the strengthening U.S. economy and increased expectations for higher U.S. interest rates. The U.S. Non-Farm Payrolls report, due to be released on August 2, could set the tone for August...
This is the most depressing day in the cryptocurrency markets as every top coin, including the likes of Bitcoin, Litecoin, Darkcoin, Dogecoin, etc. have fallen massively in the last 24 hours. Here is the full report: BTC/USD The BTC/USD opened yesterday while being trading at around $591...
