Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, July 9th AUD/USD broadly higher after positive reports on the Employment change. The unemployment rate in Australia also did not reach the expected level and additional support was offered by Chinese CPI data...
Today's headlines will tell you what's going on in China: the country is in a classic speculative bubble that has been popped. Since June 18th, China lost about $5 trillion in value...
XAU/USD, H4 Let’s look at the four-hour chart. Tenkan-sen line is below Kijun-sen, the red line is turning upwards and can soon cross the flat blue line, forming a signal to buy. Confirmative Chinkou Span line is crossing the price chart from below; current Kumo-cloud is descending...
NZD/USD: Short position opened A position has been opened for this pair. The NZD is the weakest currency after the AUD and the USD which is at the moment the strongest currency with a score of 8. A short position has been openened on July 1 at 0,6781 and the pair is still in a strong downtrend...
European leaders talked openly about a Greek exit from the euro ahead of a weekend summit on the country’s economic future, breaking dramatically with years of denial about the possibility...
This Chart Shows How Complex the U.S. Stock Market Has Become Stock market fragmentation has a silver lining In recent years, the U.S. stock market has changed dramatically, thanks to an influx of regulatory, technological, and competitive pressures...
It’s an easy way to game the stock market, and getting easier by the day. With some deft maneuvers, hedge funds and Wall Street trading desks are reaping hundreds of millions at the expense of index mutual funds, the investments of choice for a growing number of ordinary Americans...
European leaders set a Sunday deadline for Greece to accept a rescue, saying otherwise they’ll take the unprecedented step of propelling the country out of the euro...
Fed Officials Tempered Economy Optimism With Greece Concern Federal Reserve officials in June saw the economy moving toward conditions that would support an interest-rate increase, while also expressing concern about weak consumer spending and risks from China and Greece...
Dear Trader, The uncertainty surrounding the ongoing Greece debt negotiations is generating an increased volatility in the markets, this has increased as a of the result of the referendum held Sunday the 5th July 2015...
Chinese Trading Suspensions Freeze $1.4 Trillion of Shares Amid Rout Chinese companies have found a guaranteed way to prevent investors from selling their shares: suspend trading...
Current trend Chinese stock market is falling while the government is trying to stop the panic and prevent further fall. Chinese regulator asked state owned companies to avoid selling their own shares to stabilise the market. Despite their attempts, Shanghai Composite fell by 5...
USDCAD: Sets Up To Weaken On Correction USDCAD: With USDCAD strengthening further on Tuesday , it faces further upside risk. However, having lost a lot of those gains on Tuesday, we could see a correction lower in the days ahead. It was seen declining as at the time of this analysis...
With the climax going on these days, Sunday is now seen as the denouement of a five-year battle to contain Greece’s debts, possibly splitting a currency that was meant to last and throwing more than half a century of European economic and political integration into reverse...
A London Hedge Fund Lost $1.2 Million in a Friday Afternoon Phone Scam The finance chief at Fortelus Capital Management LLP got an alarming phone call just as he was getting ready to leave work on a Friday...
Bank of England Governor Mark Carney led an emergency meeting of the central bank’s Financial Policy Committee at the end of last month as the crisis in Greece escalated...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, July 8th USD/JPY is broadly lower after positive data from Japan contributed to the strengthening of yen. The Japanese adjusted current account was 1.64T as opposed to 1.38T expected. The current account n.s.a...
Referring to the gold market, analysts signal that the metal is now locked in the battle between the Greek turmoil and the Fed interest rates, with the latter winning the battle. However, another question has risen with respect to Greece: can the U.S...
Yesterday we saw US dollar strength across the board. I was too chicken to trade, so I didn't do anything. There were so many moving parts that I just didn't know what to do. When I don't know what to do, I don't trade. It's that simple...