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EUR/USD is rebounding from the 5.17 to 5.27 selloff. SInce hitting the 1.0818 low price has risen as high as 1.0958 and looks to close the US session today near those highs. There is a long standing support/resistance line in the 1.0990 area where price is moving to now...
A nice little Euro rebound at 1.08 handle has given the FletcherGoldman strategy a handy little profit at the end of European trading. Strength stills persists in the USD, however the market seems to be taking some profit as the Greenback's move higher is slowed. Prepare for more...
The dollar index has gained nearly 2 percent since the last week. Fueled by the prospect of Fed rate hikes, dollar may start leading again, analysts say. The question is whether the rate hike will be aggressive enough to fuel the dollar rally...
1. Financial freedom Being a successful trader not only means that you can make a lot of money, but much more importantly, it means you have freedom. You have freedom to essentially do what you want when you want, and you really can’t put a price on that. 2...
Thursday marked a decline in oil futures, with the U.S. benchmark touching its lowest level in about five weeks, as markets await confirmation from the U.S. authorities on if crude supplies declined...
On Thursday China's mainland markets were the main losers in Asia, as worries over tighter requirements on margin financing spurred selloff. Separately, filings signaled that China Central Huijin Investment Ltd., a unit of China's sovereign wealth fund China Investment Corp...
An OPEC source who preferred to stay unnamed said to Saudi Arabia's Al Hayat newspaper that the cartel is not likely to reduce oil production at the meeting in June, and the meeting will be short...
2015-05-28 13:30 GMT (or 15:30 MQ MT5 time) | [USD - Unemployment Claims] past data is 275K forecast data is 271K actual data is 282K according to the latest press release if actual < forecast (or previous data) = good for currency (for USD in our case...
- Some institutional banks have been calling for ¥125.00 as the next big target for bulls on the pair. Indeed, at the current pace of appreciation, we might just be sessions away from that objective to be met...
On Thursday the euro slid back to the one-month low as hopes for a close deal between Greece and creditors faded after ECB warning. The dollar was still stronger against peers despite fresh downbeat numbers...
The euro failed to stage a major rebound on the prospects of a deal between Greece and its creditors, and declined again as the US currency regained a stronger footing. The 19-nation bloc currency fell 0.14% and traded at $1...
Investment strategist Sara Nunnally was interviewed by Kitco News for her technical outlook on the gold market. Sara has her own projection on when the Federal Reserve is most likely to raise interest rates...
On Thursday the greenback declined versus rivals in a subdued trade, as investors awaited the release of U.S. economic reports later in the day. Meanwhile, expectations of an earlier rate hike in the U.S. kept lending support to the greenback...
On Thursday sterling slipped against the dollar after data signaled the economic growth in the U.K. in the first quarter of 2015 was unchanged from initial estimates...
Despite low oil prices, U.S. shale boom is proving resilient, the Organization of of the Petroleum Exporting Countries (OPEC) said in its biggest report this year, which suggests the global oil glut could linger for two more years. Every five years OPEC publishes long-term strategy reports...
The strong U.S. dollar has pressured precious metals since last summer. Also, the talk of interest rate hikes by the Fed is said to have negatively influenced gold...
The dollar rose to its highest level in 13 years against the yen on Thursday, boosted by expectations that the economic recovery in the U.S. would accelerate the timeline for higher interest rates...
2015-05-28 02:30 GMT (or 04:30 MQ MT5 time) | [AUD - Private Capital Expenditure] past data is -1.7% forecast data is -2.3% actual data is -4.4% according to the latest press release if actual > forecast (or previous data) = good for currency (for AUD in our case...
