Wall Street stocks rose higher on Monday, joining a global equities rally after a new bailout deal Greece reached a tentative will avoid the country out of the euro zone. Dow Jones Industrial Average surged 217,27 points (1.22 percent) to close at 17.977 .68...
A meat market devoid of buyers in downtown Athens, Greece, on Tuesday where PRIME MINISTER Alexis Tsipras Greece on the same day his party members gather to dress to support the initial rescue deal reached with European creditors that included steps that are very difficult for a number of Cabinet...
Hello traders! In this week of uneven market sentiment, GBP/NZD shed nearly seven hundred pips(!) in just over two days(!)... I am glad that I stayed out of it since I took profit by 2.34.. Good luck with it all... Read more: http://forums.babypips...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, July 15th AUD/USD is up for the second consecutive day trading at 0.7460. New Motor Vehicle sales were up 3.8% after previous reading of -6.9...
RBS is thinking that EURUSD will be in more ranging condition for the next few weeks: "The last minute agreement with Greece ought, in theory, play EUR/USD negative by allowing negative front-end rate spreads to be a bigger FX driver again...
Some banks are trying to predict the values for EUR/USD and for other pairs at year-end providing their technical analysis using support/resistance and 200 SMA indicator. For example, Barclays estimated the EUR/USD to be 1...
NZD/USD: Short position closed The open position for the NZD/USD has been closed as a precaution. A profit has been made of 72 pips. The pair is still in a downtrend but is in a strong pullback...
W1 price is located below 200 period SMA and 100 period SMA for the primary bearish market condition: the price broke 23.6% Fibo level at 1167.08 with the next targets as Fibo level at 1147.11 and November last year low at 1131.75...
Fed rate hike, inflation, demand-supply equation - what other factors will drive gold in 2H? - Video
Kitco News is interviewing CME Group’s senior economist Erik Norland on his prediction on what direction gold will take in the second half of the year...
Technical Strategy team at Barclays Capital is continuing to make forecasting based on technical analysis. For now - we are having some signals for AUDUSD, NZDUSD and USDCAD. AUDUSD: 'We are bearish and would use any upticks as opportunity to sell against resistance in the 0.7600 area...
An interest rate liftoff by the U.S. Federal Reserve should come in September, Richard Fisher, former president and chief executive of the Dallas Fed said in an interview with CNBC...
Today, investors are waiting for the publication of the U.S. Retail Sales statistics for June. It is one of the key indicators for the U.S. economy which significantly influences GDP. Consumer spending accounts for 70% of U.S. GDP, and retail sales take a large part of consumer spending...
Analytics from Barclays Capital suggested to sell NZDUSD with the target as 0.6560: "We are bearish for commodity currencies such as AUD, NZD and CAD and would use short-term pullbacks as an opportunity to sell at better levels against the USD...
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, July 14th AUD/USD was rebounding this morning as NAB’s June Business Confidence and Business Conditions survey showed readings of +10 and +11, respectively, which were higher than +8 and +6 in May...
H4 price is on bearish market condition with ranging between Senkou Span A line (which is the border between primary bullish and the primary bearish on the chart) and 1.0972 support level. Chinkou Span line is crossing the price from above to below for good possible breakdown in the near future...
Morgan Stanley made some fundamental/technical outlook for this week related to USD, EUR, JPY, GBP and AUD. It is about some fundamental news events coming and the strategies to be used for trading. "USD: Bullish...
US Dollar - "Chairwoman Janet Yellen reiterated her belief that hikes will begin this year. Fed Fund futures yielded some ground after the comments. Ahead, we have CPI and Yellen testimony that will further decide just hard the dovish market will fight the Fed’s warnings...
The euro-area deal with Greece was variously denounced as blackmail, an attack on national sovereignty and an end to the European dream. The accord’s detractors could at least agree on one thing: the chief culprit was Angela Merkel...
Don't take too much comfort that China's stock meltdown didn't trigger broader panic. There's still plenty of Chinese debt to worry about...
