“The main interest has been the big euro-sterling drop and to what degree that has been inspired by anticipation of the ECB and to what degree was it aggravated by the SNB walking away from the euro-swiss floor,” said John Hardy, head of foreign-exchange strategy at Saxo Bank A/S in Hellerup, Den...
Looks Elliote Waves A-B-C corrections where Wave C is about to complete Support @ $46.00 . Price Need to break Resistance $49 to move more Upside...
On Tuesday the greenback remained underpinned against its major counterparts, as Chinese GDP data failed to boost investor confidence and as markets expected the European Central Bank's upcoming policy statement on Thursday...
As $ Oil making Elliote wave Flat zig-zag Corrections A-B-C , Currently moving in Wave C ,will take years to complete @ $29...
On Tuesday European stocks rose for a fourth day, extending their highest levelsince 2008, amid speculation that the European Central Bank will announce a plan for quantitative easing this week...
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...
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...
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...
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...
BTC/USD 4H BitFinex Chart Bitcoin is still trending in a bearish bias. There are some notable attempts from the bulls’ end to shoot the price towards prevailing resistance levels. The BTC/USD moved upward after trending sideways for most of the weekend...
AUD/USD has had a quiet day on Monday, having traded sideways over the last hours after recovering from below 0.8200 as a strong fall in Chinese stocks weighed on the Aussie during the Asian session. AUD/USD bottomed out at 0.8195 but found support and managed to climb back above 0.8200...
The depressive Bitcoin value seems to have hit the cloud mining businesses hard. ZeusHash discontinues its cloud mining operations after facing a week of financial losses...
On Monday the greenback was almost unchanged against the loonie, trading close to more than five-year highs as trading volumes were expected to remain thin with U.S. markets closed for a national holiday...
“Saudi Arabia can sustain these low oil prices for at least eight years. First, we have huge financial reserves of about 3tn Saudi riyals (£527bn...
A regulatory crackdown on high-risk margin trading led to the biggest rout in Chinese equities since 2008. This, in turn, sent emerging-market stocks lower on Monday...
On Monday gold traded near a four-month high, as investors awaited Thursday's meeting of the European Central Bank, amid speculation it will start a government bond-buying program...
On Monday Brent crude oil prices dropped below $50 a barrel after Iraq announced record oil production darkening the global economic outlook. On Sunday Iraqi Oil Minister Adel Abdel Mehdi announced Iraq pumped 4 million barrels per day (bpd) of oil in December, its highest production ever...
On Monday the British currency rose against the U.S. dollar in quiet trade, but gains were expected to stay limited as investors locked in profits from the dollar's recent rally against its peers...
