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Apple's stock hit a new record high shortly after the opening bell Friday. The stock was trading above $120. The previous high was about $119. Apple delivered record earnings Tuesday. Last quarter, it sold 74...
Best-selling author and money historian Mike Maloney has been speaking about the "deflation first, inflation after" scenario since 2005...
On Friday, Eurostat published its latest unemployment figures, indicating the overall rate in the eurozone falling slightly from 11.5 percent in November to 11.4 percent in December...
The euro zone rate of inflation has entered negative territory due to falling oil prices. That was an impulse for the ECB to act, as what is good for consumers is bad for the economy...
US DOLLAR TECHNICAL ANALYSIS Prices may be readying to turn lower after producing a bearish Evening Star candlestick pattern. A daily close below the intersection of the 14.6% Fibonacci retracement and a rising trend line at 11725 exposes the 23.6% level at 11640...
The ruble dropped to the weakest level since panic swept across Russian financial markets last month after a surprise interest-rate cut signaled the central bank no longer considered tackling inflation its primary task...
Jane Foley, Senior Currency Strategist at Rabobank, forecasts AUD/USD to head lower towards 0.70 levels over the medium-term, further expecting RBA to cut rates in the coming months...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, GBP /USD, and NZD/USD. EUR/USD: is likely to hold the current wide range...
On Friday the greenback lost some ground but was still soaring around 11-year high versus the other major currencies, as investors were expecting the release of fourth-quarter U.S. economic growth data, as well as additional U.S. reports due later in the day...
NZD/USD started to recover ground from multi-year lows during yesterday’s American session and continued on Asian hours. Below 0.7300 the pair found resistance and then stabilized, but recently weakened and broke below 0.7265, falling to 0.7238. Currently the pair trades at 0...
And the RBNZ joins the doves! In their latest policy statement, New Zealand central bank officials dropped their hawkish bias, pushing the Kiwi lower against its forex counterparts. Here’s what you should know about their announcement: 1. RBNZ open to a rate cut Where is the Kiwi headed next...
The British pound against the greenback achieved lower territory as we have been previously expected, despite that the CBI Realized Sales were stronger than expected...
Russian Deputy Prime Minister Igor Shuvalov on Friday said floating the ruble was an extremely painful but necessary step. "We believe that [free floating the ruble] was done extremely painfully, but completely justified and correct," Shuvalov said during a parliamentary session...
The Gold metal advanced to cap at $1306.67 the previous week and yesterday declined to support at 1252.06. The precious metal is in an uptrend as indicated by the rising trend line. Moreover, we see that the Gold found support at the 20 Simple Moving Average and at the 38...
EUR/USD remains in the low-1.1300s following the release of the preliminary inflation figures in the euro area for the current month. EUR/USD around 1.1315/20 Nothing out of the ordinary from the CPI figures in the euro bloc...
For today R4 - 1.5240 / R3 - 1.5223 / R2 - 1.5161 / R1 - 1.5132 SPOT 1.5072 S1 - 1.5018 / S2 - 1.4952 / S3 - 1.4907 / S4 - 1.4886 SELL AT 1.5130 FOR 1.4886; STOP AT 1.5240...
The advance U.S. 4Q Gross Domestic Product (GDP) report may generate a larger rebound in EUR/USD should the fresh batch of data highlight a slowing recovery in the world’s largest economy...
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: EU extends Russia sanctions. How far the economic wars can go...
The eFXnews Team shares SEB’s technical outlook for AUD/USD, with SEB predicting the pair to bounce higher from 0.7720 before resuming lower. Key Quotes “After the strong rejection lower on Wednesday the market has both rechecked and validated the break of the very important 0...
Yanis Varoufakis, member of Syriza, has just been named Finance Minister of the new Greek Government. He was interviewed several times on FXStreet back in 2011 and 2012...
