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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...
This week’s key fundamental factor for the euro will be the European Central Bank’s (ECB) monetary policy decision and statement on Thursday (1/22). According to bloomberg...
The $400 million of cumulative losses that Citigroup Inc. (C:US), Deutsche Bank AG and Barclays Plc (BARC) are said to have suffered from the Swiss central bank’s decision to end the cap on the franc may be followed by others in coming days...
“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...
D1 price is on primary bullish with the secondary ranging market condition: The price is located to be very close to Senkou Span A line and ready to cross this bordor of Ichimoku cloud/kumo it to any side any time for possible reversal of the price movement Chinkou Span line was crossed with the...
Oxfam research, published this Monday, has shown that the share of the world’s wealth owned by the best-off 1% has increased from 44% in 2009 to 48% in 2014, while the least well-off 80% currently own just 5.5...
According to Lars Christensen, Senior Analyst at Danske Bank, EUR/CHF could test lower levels in the near term. Key Quotes “As we expect more from the ECB than the market seems to do at present, this should affect the CHF via relative rates (CHF positive) and risk sentiment (CHF negative) alike”...
Dubai Islamic Bank announced the pricing of a $1 billion Tier One capital-eligible issuance with a perpetual (non-call six) maturity, CPI Financial reported. The issuance carries a profit rate of 6.75 per cent and mirrors the solid demand and confidence investors have in the institution...
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...
For those who have been using the Kijun crosses technique you may have pocket a 20-40 pips profit from the counter trend move earlier in the London session. Another trade will be developing for the next move on this pair and I will be waiting for the pair to resume it's down-trend move...
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...
Tuesday, Jan 20 CNY Gross Domestic Product (YoY) (Q4) expected to decrease 0.1% which might give strength for the US Dollar. EUR ZEW Survey - Economic Sentiment (Jan) expected to increase 5.1% & in case the number came in green EURUSD might advance to retest 1.18 resis...
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...
British hotels and shops saw spending by Russians fall 28% in 2014 mainly due to the plunge in the rouble, as BBC reports. Russians had been among the top five biggest-spending non-EU tourists in the UK, but have now fallen out of the top ten...
1. No more franc peg! In a surprising turn of events, the SNB announced that it would no longer defend the EUR/CHF floor at 1.2000, which was put in place back in September 2011...
For today R4 - 1.1748 / R3 - 1.1728 / R2 - 1.1669 / R1 - 1.1649 SPOT 1.1558 S1 - 1.1522 / S2 - 1.1460 / S3 - 1.1445 / S4 - 1.1376 SHORT AT 1.1570 FOR 1.1376, REVISED STOP AT 1.1669...
when the EUR/USD (euro/U.S. dollar) rallies, the USD/CHF (U.S. dollar/Swiss franc) sells off the majority of the time and vice versa. Those days are over now because The Swiss National Bank (SNB) said the cap on the currency's value against the euro are no longer active...
Greece's leftist Syriza party, which widened its opinion poll lead over the ruling conservatives ahead of the Jan. 25 vote, has stated it will cancel austerity imposed under the bailout and call for an international conference to renegotiate debts of Greece and some other euro zone states...
EUR continues to loose price against the Dollar. The price dropped to 1.1460 and then we had some 100 pips pullback. Currently the pair attempts to recover further using the profit taking from SHORT ahead of ECB later this week...
