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Hello Traders! - The market for gold coins and bars in Europe is now twice as large as that of the United States, and similarly on par with those of China and India. In addition, the India Trade Ministry is said to be seeking to cut the gold import tax from 10 percent to 2 percent...
There have always been worries that the Chinese government could use its power to force homegrown technology companies like ZTE, Huawei, Qihoo 360 and Lenovo to spy on user communications, but now a bombshell has landed that shows Lenovo is forcing adware onto users' computers on the company's ow...
Below are the most recent forecasts for major currencies, as provided for Danske Bank. Danske Bank - the largest commercial bank in Denmark, one of the leading banks in Northern Europe. Affilation Danske Bank Group. 285 takes place in the ranking Forbes Global 2000...
The common currency is now consolidating its break above 1.1400 the figure vs. the dollar, taking EUR/USD to the 1.1410/15 band. EUR/USD moderate reaction after all After hitting intraday highs near 1.1440, the pair surrendered some gains towards 1...
European ministers may have agreed on a bailout for Greece. The Euro is acting favourably tonight so are US indexes (the only market open). This coupled with dovish fed minutes this week is very favourable to Gold in my opinion. Check out my profile and my EA for no stress trading...
Prospective Forex trader do not always have all the right information before making the decision to commit to this interesting but also challenging industry...
Walmart CEO Doug McMillon letter to associates regarding minimum salaries (Walmart) see also A stimulus plan for the heretofore unstimulated (TRB) Revealed: The experts Apple hired to build an electric car (9to5 mac) Why Nasdaq in 2015 is not the same as 2000 (Irrelevant Investor) Your Alpha is M...
Hours before Friday's make-or-break Eurogroup meeting, Greek Prime Minister Alexis Tsipras said that he was "certain" Athens' request for a six-month loan extension would be accepted despite objections from Berlin...
Oil inventories are surprisingly hovering near 80-year highs even as oil prices have tumbled by more than half since crude oil’s peak last June...
#10: India The world's second most populous country barely made the top 10 list. It's interesting that although India consumes more gold than any other, it only has 8.7% of its reserves dedicated to it. India's gold reserves are worth approximately $33 billion. Tonnes: 557.7 % of reserves: 8...
On Friday crude oil futures slid lower, as worries over a global supply glut undermined sentiment and after data on Thursday showed that oil supplies in the U.S. rose to the highest level on record...
EURAUD has fallen to test the low from 9th February. Monthly pivot is also at 1.4446, price still inside bull flag formation from yesterday. Daily range has been exhausted. With an eurusd option expiry today for NY cut at 1...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, USD/JPY, and AUD/USD. EUR/USD: remains rangebound with the ongoing Greece negotiations. The pair should stay completely news-driven today...
A slowdown in Canada Retail Sales may spur a larger advance in USD/CAD as the Bank of Canada (BoC) adopts a more cautious outlook for the region...
Weekly digest compiles the latest news from the world of stocks and finance, currency and commodity news, as well as interesting informative articles for traders. Top news of the week: Greek standoff lingers. Euro zone is under danger of deep recession if Greece leaves it...
Some experts suggest oil prices will be range-bound for a while before heading lower, even as low as $20 per barrel. Others believe oil prices are about to head north before settling somewhere between $70 and $80 per barrel. Who is correct and can we really know for sure...
A contraction in U.K. Retail Sales may spur a near-term pullback in GBP/USD as it dampens the outlook for a stronger recovery in 2015...
USD/JPY Technical Strategy: Flat Support: 118.00, 117.17, 116.20 Resistance: 120.82, 121.91, 123.88 The US Dollar may be preparing to renew its push higher against the Japanese Yen after retesting a recently broken Triangle pattern top. Near-term resistance is at 120...
USD/CHF Technical Strategy: Flat Support:0.9416, 0.9322, 0.9191 Resistance: 0.9569, 0.9692, 0.9815 The US Dollar returned to the offensive against the Swiss Franc, putting in the largest daily advance in two weeks. Near-term resistance is at 0.9567, the 38...
For today R4 - 1.2775 / R3 - 1.2697 / R2 - 1.2646 / R1 - 1.2569 SPOT 1.2485 S1 - 1.2438 / S2 - 1.2616 / S3 - 1.2353 / S4 - 1.2314 BUY AT 1.2480 FOR 1.2697 STOP AT 1.2415...