“In making those comments I was neither trying to assess the nominal exchange rate (of the yen) nor forecast its future movement,” Kuroda said today during a session of the upper house financial affairs committee in an attempt to clarify controversial remarks he had made last week about the local...
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"EUR came off at the start of the new week after the talks between Greece and its creditors in Brussels were abandoned after only 45 minutes yesterday...
Commodity consultant for INTL FCStone advises investors to watch the Greek bailout talks from the sidelines as he remains neutral on the gold market. Meanwhile, Commerzbank's commodity strategists consider that the Greek crisis will hardly boost gold as a safe asset...
On Monday U.S. stock futures added to losses after soft manufacturing data. They were already pressured by losses in European equities which plunged on Greek worries...
This week the market sentiment is dominated by the Greek woes as well as the looming FOMC meeting. The British currency was therefore lower on Monday, as the safe-haven demand for the greenback was boosted...
On Monday gold prices edged higher as uncertainties over the Greek crisis lent support to the metal. Investors were looking ahead to the FOMC meeting due on Wednesday...
On Monday the single currency dropped against the dollar and the yen, as lack of progress at weekend negotiations between Greece and its creditors weighing on the euro...
After rebranding from DarkMarket to OpenBazaar an arbiter who/which issues the buyer’s fund in Bitcoin to seller upon the completion of the transaction, it has now received one million dollars in seed funding. OpenBazaar aims to provide free trade for everyone, everywhere...
Next week Zimbabweans will start exchanging trillions of local dollars for a few US dollars, as the government discards its almost worthless currency...
China, the world’s worst investment bubble will burst soon (Marketwatch) The Market for 'Lemons': A Lesson for Dividend Investors (RAFI) Twitter’s CEO is stepping down. Here’s why the company’s in trouble. (Vox) see also For Twitter, Future Means Here and Now (NYT) Apparently, the U.S...
"In reality, the recent weakness probably has little to do with platinum itself. The market is very sentiment-driven right now...
The dollar pulled back from gains to trade flat after the release of data indicating a pickup in inflation...
On Friday the dollar was higher against its rivals, as markets awaited FOMC meeting due next week. While currency strategists suggest chances of the rate hike next week are almost zero, they think the Committee is going to prepare markets for September hike...
The euro slid lower on Friday as the IMF said in a note there’s been “no progress” in narrowing differences between Greece and its international lenders to avoid a default...
US DOLLAR TECHNICAL ANALYSIS Prices declined to a three-week low after breaking range support. A daily close below the 61.8% Fibonacci retracement at 11790 exposes the 76.4% level at 11731...
"A lot of the FX market is blindly following the oil price, not least because a year ago the price was USD 94 and the forecast for Q2 2015 was for little change," SocGen argues...
The greenback declined vs peers on Thursday, after data indicated that U.S. jobless claims rose slightly more than expected last week, although U.S. retail sales increased more than initially anticipated in May...
