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Following overseas bourses lower on a fall in oil prices, the Australian market has lost around $25 billion in value today. The price of West Texas crude oil declined to near-six-year lows below $US50 a barrel, before settling just above that mark. Singapore's Tapis crude also fell to $US54...
For today R4 - 1.2188 / R3 - 1.2123 / R2 - 1.2109 / R1 - 1.2010 SPOT 1.1957 S1 - 1.1861 / S2 - 1.1826 / S3 - 1.1800 / S4 - 1.1778 SELL AT 1.1945 FOR 1.1778 STOP AT 1.2010...
There is a growing speculation that the central bank of Western Europe's biggest oil producer will have to cut rates again, as oil dips below $55 a barrel...
Euro forecast Euro continues to remain under pressure as ECB (European Central Bank) is quite determined to pump more cash in the Eurozone. Current Euro exchange rate – 1 EUR = 0.7837 GBP and 1 GBP = 1.2770 EUR 1 EUR = 1.2516 USD...
GBPUSD The indicator of OsMA, marking the height of activity ofbovine side, gives founding to priority of planning of tradeoperations of correction similarly and to date...
Correction sales from daily maximums were realized with the achievement of the supposed aims. The indicator of OsMA, marking the tendency of strengthening of activity of bovine side, gives founding to priority of planning of trade operations of correction similarly and to date...
What will gold do in 2015 is a question that is top of mind of many gold investors, particularly during this period of the year...
The first step. Determine the time frame. The first thing you need when you begin to create your trading system is that you know what is your business type.That is, are you a daily dealer or trader in the long run ?Do you like to look at the charts on a daily level, weekly and monthly or annual...
First trader should look for supply and Demand to predict the price In Currency Supply is considered from Economic Indicators M0 & M1 Money supply rising or droping. Currency Demand when Central banks comments to hike interest rates or rising inflation etc...
It could finally be the year that ordinary Americans feel like the economy is working for them. The forecast for the U.S. economy in 2015 is positively rosy, and it could finally spur bigger wage gains for more workers...
The demand for oil in 2015 will drop to its lowest level since 2002 because of an oversupply of crude and stagnant economies in China and Europe, according to OPEC's latest forecast. And that's just one of several sour estimates...
Greece’s political crisis and a decline in equities spurred demand for gold as an alternative asset, pushing it up for the second straight session...
On Monday the euro dipped against the dollar after data showing German inflation fell to a five year low in December added to pressure on the European Central Bank to implement quantitative easing measures...
"Forecasters and market participants disagree about the likelihood of a significant rebound in oil prices during the next 12 months," Goldman Sachs' David Kostin wrote. "Many clients share the view priced into the futures market that Brent will remain below $70 by year-end 2015...
On Monday U.S. stock index futures fell as volume returned to markets after the New Year holiday, with energy shares sliding again as crude prices fell to fresh 5-1/2 year lows, as Reuters reports...
Both the EURUSD and GBPUSD have commenced the trading week by falling to multi-year lows, with the divergence in monetary policy between the US Federal Reserve, Bank of England (BoE) and European Central Bank (ECB) becoming obvious to traders as 2015 begins to take shape...
Falling oil prices and investors' concern over Greece’s membership of the single-currency union outweighed speculation of increased European Central Bank incentive pushing European stocks down on Monday...
EUR dropped heavily with today's open and started this week with a huge gap lower. Seems that EU economy is quite more worse than mr. Draghi and other financial ministers keep trying the whole 2014 to convince us. Now the politics take part in the game trying desperate to save the EU economy. mrs...
"The market was divided over when the ECB (European Central Bank) would undertake QE (quantitative easing)," David Forrester, a foreign-exchange strategist at Macquarie, said...
