WTI Seems Set to Surpass $45.00 Mark WTI crude oil future on Wednesday, seem to digest Tuesday's smart recovery from $42.48, previous resistance turned immediate strong support, to a fresh 2016 high of $44.80...
World Bank Raises 2016 Oil Price Forecast The World Bank raised its forecast for crude oil prices by about 11% on late Tuesday, citing expectations of reduction in the oversupplies...
Gold Back in the Red Near $ 1235, US Data Eyed The ongoing recovery mode in the yellow metal ran out of legs once again near hourly 200-SMA above 1240 levels, and the prices retreated sharply, despite broad based US dollar weakness. Gold dips ahead of US data Currently, gold drops -0.25% to 1234...
Oil prices fell more than 2 percent on Monday as data pointed to fresh U.S. crude builds, while leading banks in commodities said the two-month long oil market rebound has defied fundamentals. A Reuters poll forecast a nationwide U.S. crude build of 2...
Gold rose on Monday as a retreat in the U.S. dollar helped to tempt back some buyers after the previous session's 1.3 percent slide, but moves were muted ahead of a Federal Reserve policy meeting this week...
FxWirePro: Gold Steadies from Daily Lows, Outlook Bullish Gold inched up from Friday’s lows on Monday, as retreat in dollar helped the commodity recover some ground. The yellow metal has bounced from $1230 up to trade at $1239 in the US session...
WTI Consolidating Between $44.00-$43.00 Level WTI crude oil future has been consolidating within a narrow trading range and following a profit taking drop below $43.00 mark has moved back closer to $43.50 level. After breaking through an important resistance near $42...
Gold Rebounds in Asia Amid Negative Equities Gold is seen catching a fresh bid-wave as we progress towards the early European trades, with the bulls benefiting from poor sentiment amid lower stocks and oil prices. Gold picks up strength ahead of Fed decision Currently, gold advances 0...
Brazil: Now what? – Commerzbank Analyst, Peter Kinsella at Commerzbank, suggests that the last week’s vote in Brazil’s lower house of Congress starts the impeachment process in earnest. Key Quotes “Investors can expect a Temer led administration by early May...
US: FOMC and Q1GDP are Key Highlights – Westpac Richard Franulovich, Research Analyst at Westpac, suggests that the US data pace picks up notably this week, the FOMC and the first estimate on Q1 GDP due (Thu) the key highlights...
FxWirePro: Gold Range Bound in Asian Hours, Remains Well supported Above $1230 XAU/USD is currently trading around $1233 mark. It made intraday high at $1234 and low at $1229 levels. Intraday bias remains bullish till the time pair holds immediate support at $1227 marks...
Oil Dips in Asia On Profit-taking After 3 Weekly Rises Oil benchmarks on both sides of Atlantic failed at higher levels and retreated over 1% from five-month tops in Asia this Monday, after a rebound in the US dollar late Friday continues to weigh on the black gold...
The Week Ahead: Central banks to determine the next move The past week was full of action for currency traders, the Yen dropped to lowest levels in three weeks against the dollar, the Canadian currency at highest levels since July led by oil rally, Pound being the best performing currency of the...
Speculation that the Bank of Japan could effectively start paying banks to borrow its cash caused the yen to tumble on Friday and gave government bonds a lift after a second bruising week. Disappointing earnings reports on Thursday from some of the world's biggest tech companies weighed on stocks...
Oil prices fell 3 percent on Thursday, pausing after a two-day rally, after producers from Russia to Saudi Arabia and Iran to Libya hinted at more output amid growing U.S. crude stockpiles. Profit-taking and the dollar's steadying from a slide earlier in the week also weighed on crude futures...
Right now there's a battle over upstart trading platform IEX’s application for exchange status. And it's become an existential test of the SEC’s role in the capital markets...
German DAX Opens Lower, Trades Below 10,400 Extending its Thursday's fall from above 10,500 mark on dovish ECB, German DAX 30 index opened lower on Friday and is currently trading below 10,400 level...
In a vacuum, Google's parent company Alphabet had a tremendous quarter, posting double-digit sales and profit growth. So why is the stock down 6% in after-hours trading...
Pivot Points Hourly Last Updated: Apr 22, 12:04 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.12719 1.1279 1.12823 1.12861 1.12894 1.12932 1.13003 USD/JPY 109.288 109.374 109.407 109.46 109.493 109.546 109.632 GBP/USD 1.42986 1.43103 1.43152 1.4322 1.43269 1.43337 1.43454 USD/CHF 0.97338 0...
