On Friday the dollar was higher against its rivals, as markets awaited FOMC meeting due next week. While currency strategists suggest chances of the rate hike next week are almost zero, they think the Committee is going to prepare markets for September hike...
The euro slid lower on Friday as the IMF said in a note there’s been “no progress” in narrowing differences between Greece and its international lenders to avoid a default...
US DOLLAR TECHNICAL ANALYSIS Prices declined to a three-week low after breaking range support. A daily close below the 61.8% Fibonacci retracement at 11790 exposes the 76.4% level at 11731...
"A lot of the FX market is blindly following the oil price, not least because a year ago the price was USD 94 and the forecast for Q2 2015 was for little change," SocGen argues...
The greenback declined vs peers on Thursday, after data indicated that U.S. jobless claims rose slightly more than expected last week, although U.S. retail sales increased more than initially anticipated in May...
Estonian Bank to Borrow Blockchain for Payment App Estonia-based LHV Bank recent announced to utilize Blockchain — Bitcoin’s underlying technology — to create a special money transfer application...
On Thursday the greenback rose against its main rivals regaining ground from the previous session's losses as market players awaited the release of fresh U.S. data...
According to the latest report from the International Energy Agency (IEA), in May the supply of oil from the Organization of Petroleum Exporting Countries reached its highest level since August 2012...
Mitsubishi analysts advised that gold traders should better sit and wait before FOMC's June 16-17 meeting...
The Sidechain Elements is focused on being an interoperable blockchain network on which users can do a variety of settlements...
Yen lower vs dollar and euro on rumors Shinzo Abe administration was displeased with Kuroda comments
On Thursday the yen dipped against the dollar and the euro in Asia trade, as markets digested comments by the head of the Bank of Japan the previous session and as a person close to the matter suggested that Prime minister Shinzo Abe's administration was dissatisfied with Kuroda's comments...
India Global investors recognize these positive data points and are piling into Indian equities, especially now that aggressive monetary easing in the country seems likely...
As a number of analysts agrees that gold is soon to hit the bottom and start its uptrend, Bloomberg has compiled a few facts which bullish traders may not like. The author of the article calls on readers to estimate the facts and make personal conclusions. Thus, I render it for you...
US DOLLAR TECHNICAL ANALYSIS – Prices continue to mark time in a choppy range after opening June at a seven-week high. Near-term support is at 11887, the 38.2% Fibonacci retracement, with a break below that on a daily closing basis exposing the 50% level at 11839...
On Wednesday the gold edged higher during early U.S. trade, as the yellow metal is benefiting from the bond markets as well as uncertainties surrounding Greek negotiations with its creditors...
On Wednesday copper prices hit fresh two-week highs ahead of new data from China which will be released later in the week...
On Wednesday European stocks fluctuated between small gains and losses, as market players digested a rise in German bund yields, while being concerned over uncertainty in Greece...
On Wednesday the pound sterling rose to session highs against a weaker dollar after the release of fresh U.K. economic data which indicated that U.K. industrial output beat economists' expectations in April, but manufacturing output declined...
On Wednesday the euro rose to one-week highs against the dollar amid lingering selloff in European government bonds. German Bund yields hit 1 percent for the first time since September 2014, as investors digest a stronger dynamic in European economic data...
