U.S. stocks rose, after equities capped their worst quarter since 2012, as Greece signaled it was ready to compromise to end a standoff over a bailout. Financial shares in the Standard & Poor’s 500 Index headed for the biggest gain in three weeks as Chubb Corp. surged 30 percent after Ace Ltd...
Such factors as Greek turmoil, approaching Fed rate liftoff or potential closing of U.S. capital markets are not sufficient to threaten junk-rated companies, according to analysts at Goldman Sachs...
EURUSD. 'One day older and none the wiser. The market fell back to mid-body levels and stayed there. Outside 1.1110-1.1245 is needed to end a micro-term stalemate, but we guess this could come with the next headline about Greece.' USDJPY. 'A key ref at 122...
In this post, i will write and explain about what is really Algorithmic Trading and how it is being implemented by Engineering Investments. In addition, you could also watch below the interested video about our Algorithmic-Trading program in action...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, July 1st Greece has officially missed its 1.6 billion payment to the IMF on Tuesday...
Only 1,599,917,718 euros to go. A new campaign has been set up on Indiegogo, let an online website with a mission of "empowering everyone to change the world." With a goal of raising 1.6 billion euros, the "Greek Bailout Fund" aims to do what the Hellenic Republic's creditors apparently cannot...
Julian Robertson: Euro could easily go below parity Hedge fund pioneer Julian Robertson believes the euro could easily go below parity with the U.S. dollar, and if Greece exits the euro, it could happen fairly quickly, he said Tuesday...
Greece’s relationship with the euro may be under strain, but the currency is finding new love in Asia and Latin America...
GBP/AUD: Long The pair was tipped last weekend and positions have been opened on Monday June 15. For more information please check my Weekly strategy review: Weekly Review Strategy Wk25. The GBP is the strongest currency at the moment with a score of 8 and the AUD is having a score of 3...
Eurogroup to meet again tomorrow with the ECB to also review the ELA for Greek banks ◉ECB's Nowotny says that the ECB have kept the Greek ELA unchanged at EUR 88.6bln...
Gold and silver are languishing near major lows, trudging through the barren sentiment wasteland of the summer doldrums. The major factor behind this weakness is extreme shorting by American futures speculators. But their heavily-bearish bets are actually very bullish for both precious metals...
US consumers are feeling more confident: 101.4 points in June, better than expected. The number for May was revised down from 95.4 to 94.6 points, but the markets focus on the present and not on the past...
Author John Ehlers sums up his book perfectly in saying, "Truth and science triumph over ignorance and superstition." Rocket Science for Traders adapts digital signal processing techniques from the physical sciences for use in the field of trading...
According to revised figures released Tuesday, the U.K. economy grew by 2.9 percent in the first quarter of 2015 from the same time last year – the sort of growth level that economists took for granted pre-credit crisis, says CNBC...
This week the scorecard recommends buying SEK, NOK and CHF, and selling NZD, USD and CAD (see suggested weights in portfolio in table below). The recommendation to buy the Scandies and the Swissie derives largely from last week’s dire performance (i.e...
H4 price is located exactly on 200 period SMA line on the chart by previous close H4 bar for now and below 100 period SMA ranging between Fibo resistance level at 1.1277 and 50.0% Fibo support level at 1.1115: The price is ranging between Fibo resistance level at 1.1277 and 50...
“If the news on Greece is bad in coming days, I think you can see the euro go through $1.10 and then down to $1.05,” said Chris Gothard, head of FX at Brown Brothers Harriman in Europe...
USD remains the strongest currency in the longer term. The market is expecting the Fed to raise rates around September. Recent NFP readings have been positive and core inflation has, overall, been trending higher...
