Yen lower vs dollar and euro on rumors Shinzo Abe administration was displeased with Kuroda comments
On Thursday the yen dipped against the dollar and the euro in Asia trade, as markets digested comments by the head of the Bank of Japan the previous session and as a person close to the matter suggested that Prime minister Shinzo Abe's administration was dissatisfied with Kuroda's comments...
India Global investors recognize these positive data points and are piling into Indian equities, especially now that aggressive monetary easing in the country seems likely...
As a number of analysts agrees that gold is soon to hit the bottom and start its uptrend, Bloomberg has compiled a few facts which bullish traders may not like. The author of the article calls on readers to estimate the facts and make personal conclusions. Thus, I render it for you...
US DOLLAR TECHNICAL ANALYSIS – Prices continue to mark time in a choppy range after opening June at a seven-week high. Near-term support is at 11887, the 38.2% Fibonacci retracement, with a break below that on a daily closing basis exposing the 50% level at 11839...
On Wednesday the gold edged higher during early U.S. trade, as the yellow metal is benefiting from the bond markets as well as uncertainties surrounding Greek negotiations with its creditors...
On Wednesday copper prices hit fresh two-week highs ahead of new data from China which will be released later in the week...
On Wednesday European stocks fluctuated between small gains and losses, as market players digested a rise in German bund yields, while being concerned over uncertainty in Greece...
On Wednesday the pound sterling rose to session highs against a weaker dollar after the release of fresh U.K. economic data which indicated that U.K. industrial output beat economists' expectations in April, but manufacturing output declined...
On Wednesday the euro rose to one-week highs against the dollar amid lingering selloff in European government bonds. German Bund yields hit 1 percent for the first time since September 2014, as investors digest a stronger dynamic in European economic data...
Mainland Chinese shares regained ground after opening lower, despite the decision of US index provider MSCI to wait before including China-listed shares in one of its key benchmark indexes. MSCI Inc...
Litecoin experienced a notable volume that led its price to form new trading ranges. The silver coin is further maintaining its bullish outlook but, at the same time, is hinting a reversal in absence of enough upside volume to extend the prevailing bias...
On Wednesday the dollar was lower against the yen, as the latter was supported by the comments of Bank of Japan Governor Haruhiko Kuroda who said that the yen's effective exchange rate is unlikely to weaken further...
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...
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...
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...
"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...
On Tuesday the Australian dollar was lower against its U.S. peer, despite upbeat business confidence data from Australia. The greenback was also broadly lower after Monday's report saying that U.S. President Barack Obama...
