As predicted, the price has bounced off the resistance turned support area near the $97.50/share level, which is also right at the 50 simple moving average support...
TeraExchange has launched a swap based on the Bitcoin. By launching the swap offer, the company has become the first to receive approval from a US federal regulator for a financial product based on the budding technology. This is one of the extraordinary decisions by the company for Bitcoin users...
As Bloomberg reports, on Tuesday Asian stocks fell, with the regional index headed for its longest losing spell in more than a decade, and government bonds climbed in anticipation of the Federal Reserve reviews interest rates. The yuan slumped the most since March, metals dipped...
On Monday the euro slipped against the dollar and the yen, as weak Chinese economic data over the weekend raised concerns over a slowdown in the world’s largest economy...
Today traders vividly try to take advantage of a so-called “contango” structure in Brent crude, market slang for when prices for future delivery exceed spot prices, by keeping oil in storage and banking on an almost risk-free profit when they sell it forward, or in the future...
Indian stocks and the rupee fell the most in five weeks after monthly data showed factory output weakened and after the speculation the U.S. Federal Reserve will signal a move toward interest-rate increases at a meeting this week...
On Monday Asian stocks fell to their lowest in five weeks, after series of weak data out of China raised the spectre of a sharp slowdown in the world's second-biggest economy...
It hasn’t exactly been a conventional year though...
Twitter said it raised $1.8 billion in the convertible bond offering it announced earlier in the week, up from the $1.3 billion it planned to raise as the deal met with robust demand. The five-year tranche of the offering, with notes due in 2019, carried a 0...
EURCHF EUR/CHF has far surpassed USD/CHF bin terms in liquidity. EUR/CHF is probably one of the safest currencies pairs to trade because its moves are so orderly. It enjoys high volume, but trades in relatively predictable ranges since the Swiss and Euro zone economies are so closely linked...
The Nikkei 225 was first recorded in 1950 and remains one of the most widely quoted Japanese stock indices. As of June 2011, the Tokyo Stock Exchange's (TSE) listings had an overall valuation of $3.7 trillion, trailing only the London Stock Exchange, NASDAQ OMX and NYSE Euronext platforms at $3...
EURJPY Actively traded 24-hours a day, the EUR/JPY is so popular that it has been called the fifth major! The EUR/JPY mostly trades in wide ranges, providing excellent opportunities for position (medium-term) traders...
On Friday the euro rose against the U.S. dollar, after the release of positive U.S. retail sales data but gains were expected to remain in check amid speculation the U.S. will raise interest rates sooner than expected...
On Friday the greenback headed for its ninth week of gains, some measure of how the economic fortunes of the United States and its major economic peers are diverging after six years of financial turmoil...
Gasoline prices have steeply fallen from highs hit in June, and now markets are signaling that consumers will get even more relief at the pump...
What’s Expected: Why Is This Event Important: A marked picked up in private sector consumption may encourage the Federal Open Market Committee (FOMC) normalize monetary policy sooner rather than later, and we may see a growing number of central bank officials adopt a more hawkish tone for monetar...
The greenback was soaring high in Asia on Friday as unceasing speculation about the prospects for rising U.S. interest rates dampened commodity prices and spurred investors to unwind leveraged trades in higher-yielding currencies...
The FTSE 100 index is ironically enough not made up of 100 stocks, it is slightly over 100 stocks; 102 and the number does fluctuate from time to time...
Cash outflows from bank loan funds declined slightly to $342 million during the week, versus outflows of $435 million last week and $297 million two weeks ago, according to Lipper. The influence of bank-loan ETFs on this week’s number was 21%, as Lipper recorded a $70 million outflow from ETFs...
This isdetailed guide to profiting from trend reversals using the technical analysis of price action The key to being a successful trader is finding a system that works and sticking with it. Author Al Brooks has done just that...
