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GREEK ECONOMY There was no cash, Greece delay pay debts IMF ATHENA. Greece is really in need of fresh funds! Countries with a sizeable debt have been delaying payment of their debts to the International Monetary Fund (IMF). This underscores the urgency of the financial situation of Greece...
W1 price is located below 200 period SMA and 100 period SMA for the primary bearish with secondary ranging between 0.7552 support level and 0.8158 resistance level: The price is ranging between ranging between 0.8158 and 0.7552 levels; The price broke trendline and 61.8% Fibo level at 0...
Goldman Sachs International's Vice Chairman Michael Sherwood told CNBC on Monday that it is too early to predict how long will the selloff in governmet bonds last in the wake of "unprecedented" market volatility...
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Gold prices climbed on Monday on some short covering in the futures market and some bargain hunting in the cash, says Kitco News. Prices had dropped to a 2.5-month low last Friday...
In afternoon trading on Friday, Energy stocks are the best performing sector, up 1.4%. Within that group, Transocean Ltd. (NYSE: RIG) and Newfield Exploration Co. (NYSE: NFX) are two large stocks leading the way. The next best performing sector is the Financial sector, higher by 0.5...
European stocks dropped on Monday with Germany's benchmark index falling 10 percent from its April peak. German bond yields rise again...
In the analysis of price movements, forex traders usually use 2 types of analysis. Those who only concentrate on the flow chart prices in motion and ignore other factors are those who work on the basis of technical analysis, usually called the chartist or technician...
According to leading indicators released Monday by the Organization for Economic Cooperation and Development, which is based in Paris, the U.S. economy may not recover strongly from its first-quarter poor performance, while Russia's economic stagnation may be coming to an end...
On Monday the pound tumbled against the U.S. dollar, re-approaching a one-month low as demand for the greenback remained broadly supported by Friday's positive U.S. employment data...
Daily price is on primary bullish with the secondary correction which just started on D1 bar on Friday. The price is located above Ichimoku cloud/kumo, and Chinkou Span line is crossing the price from above to below for good possible breakdown...
W1 price is on primary bearish with secondary ranging market condition: 200 period SMA and 100 period SMA are located above the price for bearish and moving in almost horizontal way for ranging between 1.4550 support level and 1.5819 resistance level: The price is ranging between between 1...
Turkey’s lira hit an all-time low and stocks dropped as Turkey's ruling AK Party failed to win a majority government for the first time since 2002...
On Monday copper prices approached the lowest level in six weeks, after official numbers showed that China's imports of the metal were slower in the previous month...
US Dollar - "Looking at the docket over the coming week for cues and milestones, we have plenty of big ticket items. The problem is that they may not hit the correct pitch...
Compared with the previous week, the period from June 8 to June 12 has a less busy agenda. However, it will be more accurate to say the economic week has started from Sunday - the first day of the G7 Summit held in Germany...
W1 price is on primary bearish located below 200 period SMA and 100 period SMA with ranging market condition between 1.0520 support level and 1.1466 resistance level: The price is ranging between between 1.0520 and 1...
On Monday the greenback edged lower versus the yen in Asia trade, as investors kept their gains after last week's rally which brought the dollar to its 13-year peak. Investors were also cautious as the Nikkei index was lower from the opening bell, following the weakness in U.S. stocks Friday...
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