Google shares have been on a strong rally at the start of the month but retreated upon testing resistance near the $580/share level. MACD just reached the overbought level and is turning lower, indicating that a selloff might take place...
Copper prices rose on Thursday, as a recent series of downbeat Chinese economic data fuelled speculation China's authorities will have to introduce further stimulus measures to boost growth and combat deflation...
On Thursday the Australian dollar rose against its U.S. peer, bouncing off six-year lows after upbeat Australian employment data was released, while demand for the greenback slowed down ahead of upcoming U.S. economic reports...
Since the surging dollar is cutting demand for the precious metal, gold is nearing a three-month lows after posting eight straight declines. A ninth drop on Thursday would be the longest losing run since 1998, says Bloomberg...
On Thursday Asian shares gained with Tokyo jumping on a weaker yen as central banks around the region move to easy or neutral policies...
The U.S. dollar is trading at a 12-year high against the euro and 8-year high versus the Japanese yen. In many respects, it is a sign that the American economy is healthier than the European one, as well as many others around the globe. While the euro is currently worth about $1...
Greece still needs to come up with a package of reforms that its creditors could accept. A final tranche of funding under the existing bailout will only be released if agreement is reached on reforms...
On Wednesday oil prices staged a moderate recovery, as market players anticipated key U.S. inventory data. Data from an industry group late Tuesday showed that U.S...
On Wednesday the pound slid versus the U.S. dollar, re-approaching a five-week low after data indicated that U.K. manufacturing and industrial production dropped in January...
On Wednesday the euro dropped to a 12-year low as national central banks in the euro region were said to have purchased sovereign debt for a second day on Tuesday in their quantitative-easing program...
This morning, precious metals are little changed with the exception of silver which is up 0.4 percent in price at $15.72, while gold is at $1,163.30...
In a conversation with Kitco News, Peter Hug has suggested that fundamentals look weak for gold. But despite the decline, uncertainty over Grexit was supporting the gold...
On Wednesday most Asian stocks were lower, impacted by steep declines on Wall Street sparked by worries about a looming U.S. interest rate hike...
gold market must be come 1154.30, 1145.20, 1139.8 before friday...
Linda Bradford Raschke covers: Combining Taylor's philosophy with a 2-period ROC and pattern recognition Finding ideal trade location Determining trading range vs trending environment Conditions that lead to extended runs or persistency of trend...
On Tuesday the pound sterling has reached a more-than seven year high against the euro - a day after the European Central Bank (ECB) began its government bond buying programme and as markets were concerned over Greek standoff...
On Tuesday persistent jitters about what’s seen as an inevitable U.S. rate hike this year unsettled stock futures and pushed the dollar to new records, which also weighed on commodities and overseas equities...
The pound dropped against the U.S. counterpart on Tuesday, as growing expectations for a near-term U.S. rate hike continued to lend broad support to the greenback...
Brent oil futures fell to the lowest level in more than two weeks on Tuesday, as a firmer dollar weighed on the commodities complex...
