All Blogs
On Friday raw-material producers including steelmaker Gerdau SA followed metals lower amid concern economic growth in China is slowing. This sent Sao Paulo stock exchange index down for the first time in four sessions...
Outlook in Nonfarm Payrolls remains on the upside as long as 180 K level holds , and further upside towards the 433 K is likely, However ; we have 3 scenarios for today : 1- Any downside move should be contained well by 256 K levels , so any reading within this range , will keep the USD on the up...
On Friday the dollar remained near 12-year highs against the other major currencies, as the greenback continued to be underpinned by growing optimism over the strength of the US economic recovery. Investors awaited a highly anticipated employment report later in the day...
EURUSD The Euro continues to tumble versus the US Dollar, and heavily one-sided retail FX trader sentiment suggests it will likely continue to fall through the foreseeable future. Euro is struggling now and now trading below $1...
On Friday gold advanced before the release of monthly data on U.S. employment that will provide direction on the outlook for borrowing costs in the world’s largest economy, as Bloomberg reports...
Weekly digest compiles the latest news from the world of stocks and finance, currency forecasts, as well as interesting informative articles for traders. Top news of the week: Key trends for the global economy and business in the new 2015 year...
Nigerians can now trade Bitcoin as South African Bitcoin exchange ICE3X has launched Bitcoin trading in the country for the first time. Thus, the organization has opened up a potentially huge market for Bitcoin in Africa’s most populous country...
For today R4 - 0.7947 / R3 - 0.7927 / R2 - 0.7872 / R1 - 0.7850 SPOT 0.7823 S1 - 0.7762 / S2 - 0.7714 / S3 - 0.7682 / S4 - 0.7619 LOOK TO SELL WHILE RESISTANCE AT .7849/72 STANDS...
If there ever was doubt about the strategy of the Organization of Petroleum Exporting Countries, its wealthiest members are putting that issue to rest...
Highlights NFP Prep: Will the Labor Market Build on Last Month’s Momentum? View How Our NFP Forecasts Compare NFP Prep: Will the Labor Market Build on Last Month’s Momentum...
The reiteration from the Federal Reserve during the overnight FOMC minutes release that it will be raising interest rates in the coming months is driving the USD higher, with a stronger USD pressuring the Euro, GBP, CHF and JPY on Thursday...
On Friday oil extended its rally for a third day due to speculation that a slowdown in the U.S. shale boom will reduce a glut that’s driven prices to the lowest in 5 1/2 years, as Bloomberg reports...
Bombay Stock Exchange (BSE) is an Indian stock exchange located at Mumbai, Maharashtra, India...
The FTSE Straits Times Index (STI) is a capitalisation-weighted stock market index that is regarded as the benchmark index for the Singapore stock market. It tracks the performance of the top 30 companies listed on the Singapore Exchange...
The textbook definition of technical analysis is the use of past market data to help determine what future price action will bring. Because markets are driven by mass trader psychology and emotion, the same types of patterns tend to repeat over time...
GetGems, the social messaging app with a built-in Bitcoin wallet, have announced that it has raised $400,000 from venture capitalist Magma Venture Partners...
EUR/USD is taking a breather at the beginning of the New York session, having recovered a few pips after hitting fresh 9-year lows on the back of disappointing Eurozone data. EUR/USD extended losses Thursday and scored a fresh low of 1.1753 before recovering slightly...
ECB now intensely pressured to apply QE, after indicators showed Europe officially entered deflation
According to many eurozone politicians and analysts, the 0.2% drop in prices, the first annual fall for five years, indicated the weakness of the eurozone economy and the need for a fresh injection of funds by the central bank...
I think we became to close for a change in the market direction of major currencies correlated to the Dollar Index and here is my reasons.take a look at the monthly chart for the Dollar Index. The Dollar Index made it's yearly High or Low in January/February for 17 years from the last 21 years...
On Thurday emerging-market stocks rose the most in three weeks as oil grew for a second day and Federal Reserve minutes signaled that an interest-rate increase is not unavoidable. The benchmark gauge for developing-nation stocks added 1.5 percent to 955.25 at 1:30 p.m. in London...