EURUSD 'It has had a muted reaction despite the surprise outcome from the Greece referendum. Even though the market is positioned short, we expect the pair to test the downside sooner rather than later this week. Keep it tight but prefer short and add on more spikes above 1...
On Sunday Greeks voted against creditors' demands for further austerity, leaving Europe’s leaders to determine if the nation can remain in the euro currency union...
On Monday the euro fell sharply in Asia trade, as the Greek voted against the proposed bailout terms from international creditors. The question of the country's continued membership in the euro zone is now the main concern for financials markets...
• 4 percent unemployment might be the new 5 percent unemployment (WaPo) but see The New Jobs Numbers Are Weaker Than They Look (NYT) • 9 myths about the Greek crisis (Politico) • A Venture Capital Giant Says: Bubble? What Bubble...
It’s not a big secret that the current situation at Greece and alsoUkraine influences the market quite a bit. But most algo-traders ignore such states and continue trading as Norma. Here is where the fundamental analysis comes into play...
The Other Contagion: What If Greece Thrived After Euro Exit? It is the scenario few talk of: What if Greece left the euro area and its economy thrived? The reason for the silence may be that it’s too ridiculous a concept to even consider...
Wall Street Rise Supported Expectations Of Greece Stocks on Wall Street ended higher on Wednesday (Thursday morning GMT), after European equities higher supported hopes for a new deal with Greece when U.S. data showed private sector workers increased hiring in June...
Again: Oil Is Down Due To The Crisis In Greece World oil prices dropped on Wednesday (Thursday morning EDT), because traders consider in depth Greece debt crisis and an increase in supplies of crude oil to surprise us...
To answer this question, you need to know how much you are aiming for in terms of average monthly income and what is your average monthly return from forex trading...
The yen slipped lower against the U.S. dollar on Friday, as sentiment on the greenback remained vulnerable after Thursday's downbeat U.S. data and as trading volumes were expected to remain thin with U.S. markets closed for the Independence Day Holiday...
Morgan Stanley Exits Oil Falling prices have impacted heavily on investments in the commodities markets. Many companies are now steering well clear of commodities on the whole...
On Friday European stocks were lower, expected to lock in sizable losses for the week, as investors were nervous ahead of Sunday’s referendum over Greece’s bailout...
Repeated efforts of China's government and central bank to stabilize the markets have failed, at least so far, as Chinese stocks keep plunging...
Chinese Tycoons Lose $34 Billion in June The worst monthly slump in Chinese stocks in two years wiped away more than $34 billion in combined net worth of the richest people in China and Hong Kong in June...
Oil prices stabilized on Thursday after a sharp drop in the previous session as data showed an unexpected increase in U.S. oil stockpiles last week due to increased production...
On Thursday the greenback edged higher as investors awaited a flurry of U.S. data later in the day, including the closely watched government nonfarm payrolls report, which could underline expectations for a rate hike...
Gold prices were weaker in Asia on Thursday after finishing lower in the U.S. session, as risk appetite among investors and traders was higher these days, which is bullish for the stock markets but bearish for safe-haven gold...
Chinese shares slid Thursday as Beijing’s fresh measures to stabilize falling equity markets failed to restrain selling. Other Asian shares were higher, however, as European markets recovered and investor confidence stabilized...
