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Virtual money is officially a commodity, just like crude oil, gold or wheat...
Market News
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News, 18 September 2015, 15:37 #Cryptocurrency, bitcoin
On Friday the dollar extended its losses against the yen in a fluctuating Asia trade, underscoring investors’ wariness over softness in the global economy and markets given the Federal Reserve’s decision to keep interest rates unchanged...
Currency
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News, 18 September 2015, 08:58 #Janet Yellen, Nikkei, FOMC
On Tuesday the Swiss National Bank (SNB) decided to keep its main interest rate at -0.75 percent, signalling that the local currency was "significantly overvalued...
Currency
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News, 17 September 2015, 16:25
On Thursday the greenback remained lower against its peers, shrugging off data that showed that U.S. jobless claims fell more than expected last week...
Currency
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News, 17 September 2015, 15:44 #usd/jpy, GBP/USD, forex news
Gold prices were trading close to their highest level in a week on Thursday as weak U.S. inflation data weighed on the dollar and raised hopes that the Federal Reserve would hold off hiking interest rates...
Metals
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News, 17 September 2015, 14:28 #metals, GBP/USD, EUR/USD
EUR/USD. The bias is bullish in nearest term especially if price able to make a clear break above 1.1315 area to trigger further bullish correction scenario aiming 1.1360 area or even higher. Immediate support is seen around 1...
Market News
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Valutrades, 17 September 2015, 13:57 #gold
Like it or not, what the Fed decides to do later in the day will affect the value of the bitcoin that you hold, at least in the short term...
Currency
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Angeliqi N, 17 September 2015, 13:46 #Cryptocurrency, FOMC, bitcoin
The pound was slightly higher against the U.S. dollar on Thursday, after data showed that U.K. retail sales rose in line with expectations in August. Earlier, the Office for National Statistics (ONS) reported that UK retail sales volume rose by 0...
Currency
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News, 17 September 2015, 11:33 #GBP/USD, forex news
The New Zealand dollar slipped lower against its U.S. counterpart on Thursday, after data showed that the New Zealand economy grew at a slower pace than expected in the second quarter. Meanwhile, the Aussie declined after hitting three-week highs ahead of a highly-awaited Fed decision on rates...
Currency
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News, 17 September 2015, 09:03 #FOMC, Fed
Market Movers: CPI Data diminish expectations of interest rate hikes - The return of decreasing the data consumer price index (CPI), United States to negative territory (deflation) diminish expectations of a rate hike by the US Federal Reserve, and make the dollar weakened...
Market News
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Ray Eka Permatanta Sembiring, 17 September 2015, 07:22
The Nikkei Rise To Highest Level In 1 Week, High Dashed Oil Stocks - Nikkei stock index rose for a third day to the highest level in more than a week on Thursday after Wall Street rally behind the strong oil prices, although investors remained cautious ahead of the Federal Reserve's decision on t...
Market News
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Ray Eka Permatanta Sembiring, 17 September 2015, 07:19
Oil Prices Stable in Early Session After Overnight Surge - Oil prices steady move in early trading on Thursday after a big drop in US crude inventories, while traders are still awaiting the results of the Federal Reserve's decision on whether they will tonight Raise interest rates the first time...
Market News
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Ray Eka Permatanta Sembiring, 17 September 2015, 07:16
There is no looming physical gold crisis despite lingering rumors, and gold inventories in Comex vaults are well stocked according to two separate reports issued on the same day...
Metals
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News, 16 September 2015, 23:01 #comex, metals, gold
The dollar was broadly lower Wednesday after data showed U.S. consumer prices contracted in August for the first time since the beginning of 2015...
Currency
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News, 16 September 2015, 17:14 #inflation, GBP/USD
New York-based consultancy CPM Group sees gold as an “excellent investment at current prices” in the long term, as a steep rally could still be a couple of years away...
Metals
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News, 16 September 2015, 15:27 #comex, metals, gold
Ichimoku analysis. Weekly price is on bearish market condition for the breakdown which was started in the beginning of July this year: the price crossed 15.64 support level to 13.96 as the next bearish target. Chinkou Span line is indicating for the bearish breakdown to be continuing...
Metals
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Sergey Golubev, 16 September 2015, 15:11 #silver, Ichimoku
On Wednesday the euro dropped to session lows against the dollar and the yen after the euro area inflation was revised lower for August...
Currency
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News, 16 September 2015, 14:26 #ECB, forex news, EUR/USD
U.K. wages rose at their fastest pace in more than six years and the unemployment rate unexpectedly dropped, suggesting inflationary pressures are building in the labor market. Sterling jumped on the news...
Currency
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News, 16 September 2015, 13:09 #Bank of England, eur/gbp
Russia would support expanding the UN Security Council if it is backed by more than two-thirds of UN members states, Russian Deputy Foreign Minister Gennady Gatilov said. Find out more by checking out the source link. http://on.rt...
Market News
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Borislav Shterev, 16 September 2015, 12:35 #support
Goldman Sachs lowered its forecast for 2016 to $45 from $57 while allowing “the possibility” of $20 oil. It was stated that the bearish trend will be continuing for crude oil...
Crude Oil
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Patti, 16 September 2015, 12:11 #Goldman Sachs, crude oil