WASHINGTON: The slump in Chinese growth and its nascent economic transition was the key factor in a sharp slowdown last year in global trade, the World Bank said today. Trade, as measured by total merchandise import volumes, rose only 1.7 percent in 2015, down from 3...
The North African country is struggling with lower tourism revenue after Islamist militant attacks last year, protests over unemployment and slow progress on economic reforms that have lagged political advances made since its 2011 uprising.........read more...
The US Dollar took a dangerous tumble through the first quarter, throwing into doubt the currency’s ambitions after more than four years of advance...
This is the article "Forex Ranking and Rating list" for the coming week, the article "Forex Strength and Comparison" has also been published this weekend...
Research Team at Goldman Sachs, suggests that nearly eight years after the onset of the Global Financial Crisis, growth and inflation in the major developed economies remain tepid despite generally aggressive policy action by central banks over the same period...
How is the price of gold established? Scratching the surface, the answer seems obvious: it is a result of a free interplay of market forces. However, there is no single gold market; the yellow metal is traded in many places. Who then sets the price of gold? London or New York...
China's industrial profits returned to growth in the first two months of 2016, despite weakening business conditions and slowing economic growth in the world's second-largest economy. Profits earned by Chinese industrial firms in January and February combined rose 4...
The most extreme speculative positioning, judging from the futures market is the long yen position. The bulls added another 3.4k contracts, lifting the gross long position to 82.8k contracts. The record was set in 2008 at 94.7k contracts. The gross short position was trimmed by 4...
The campaign for Britain to leave the EU has been backed by 250 business leaders including the former chief executive of HSBC, the Vote Leave group said on Saturday, hoping to counter the view that UK businesses back staying in the bloc...
*All signals provided for informational purposes only. The time period from 7 to 14 days depending on the situation on the currency market. Schedule-daily. AudUsd:sell Signal. The graph shows the nearest levels of support and resistance. If the level of support 0...
First, a few words about the forecast for the previous week: ■ if we talk about the forecast for EUR/USD, those 40% of the experts, who called for the pair falling, were right...
The week ended earlier this time, with majors trading mute across the board this Friday, even in spite of the final revision of the US GDP figures for the last quarter of 2015. Real Gross Domestic Product was revised higher, to 1.4% from the previous estimate of 1.0...
Early in Thursday’s trade, USDCAD closed above the two-month trend line that extends off the January high. At the time, it was just an intraday break on the 4-hour chart. However, the pair later managed a session close above the key handle...
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$EURUSD What ProAct Forex Target Traders See: We are currently sitting @ 1.1170 in a large range. We are looking for a continuation move to the 0.786 fibo @ 1.1401 (maybe 1.1470) then reversal and an overall target of the 0.500 Fibo @ 1.0943...
The dollar held steady against the other major currencies in subdued trade on Monday, off Friday’s five-month trough as the greenback continued to recover from the Federal ...read more...
The dollar edged moderately higher against the other major currencies in quiet trade on Monday, as the greenback continued to recover from the Federal Reserve’s most recent ...read more...
French private sector activity grew at the fastest pace in five months in March, easing concerns over the economic outlook of the euro zone’s second largest economy, preliminary ...read more...
German business confidence turned around and rose higher in March, rebounding from a 14-month low in February, industry data showed on Tuesday. In a report, the German research ...read more...
