On Wednesday the Canadian dollar plunged to six-year lows against the U.S. dollar on Wednesday after the Bank of Canada cut rates by 25 basis points in an unexpected move, as a response to the recent steep fall in oil prices...
On Thursday the Japanese yen and Australian dollar were volatile, ahead of a European Central Bank meeting expected to ease policy further and as China moved to aid liquidity in the market and investors took positions...
Q: What actually happened on Thursday? A: The SNB (Swiss National Bank) made an announcement that caused the CHF (Swiss Franc) to suddenly soar in value...
UK Banks Treat Bitcoin as Threat The British Bankers Association recently submitted a document to the Treasury’s consultation, mentioning the pros and cons of digital currencies...
On Wednesday the dollar traded lower against the other major currencies, after the release of mixed U.S. housing reports. Although the greenback remained close to recent 12-year highs...
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...
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...
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...
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...
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...
These six Dow components are set to report quarterly results this week. Investor reaction to these reports could decide whether or not the weekly chart for the Dow 30 shifts to negative or not...
Key Points 1. Cash Flow is a measure of how much cash the company is gaining or losing. Some see it as a more honest, or pure, measure of profitability than earnings. 2. There are two types of cash flow measures that are commonly used: operating cash flow and free cash flow...
Here's a good documentary on PBS Frontline - The Crash. The Thai Baht vs USD. George Soros, Bill Clinton, Alan Greenspan, Robert Rubin, et al. Why pegging to another currency is not good fiscal & monetary policy?! It happens over and over again...
Gold prices rocketed to their highest level in five months, supported by continuing safe-haven demand for the yellow metal following last week's surprise decision by the Swiss National Bank to abandon its currency peg. Technically, gold bulls are in charge...
On Tuesday West Texas Intermediate oil futures sold off steeply, after the International Monetary Fund reduced its global economic growth forecast and China’s economy expanded at its slowest pace in 24 years...
