Payment processing and fraud mitigation specialist Vogogo Inc. finalized a strategic partnership with the acquiring division of UK based eMerchantPay Limited – E-comprocessing (“ECP”...
China trade balance for January … a surplus of $60.03Bn A big beat of expectations (huge drop in imports), the consensus was at $48.09bn Prior was $49.61bn Trade balance Exports for January:-3.3...
Gulf equity markets may rise on Sunday after oil made further gains, although the commodity's price looks likely to remain volatile. Brent crude jumped 2.2 percent to $57...
The London Bullion Market Association (LBMA) rounded up a panel of experts to forecast precious metal prices in 2015 -and while prospects may be neutral for gold they are bullish for silver, platinum and palladium...
Total U.S. nonfarm payrolls (NFP) employment rose by 257,000 in January, beating expectations of a 228,000 rise. The focus for market participants was on the hourly wages component that decreased in December, and was expected to be higher in this report...
Wall Street closed lower on Friday at the end of a volatile week that pushed major averages close to break-even in the year. Investors welcomed the strong employment report in January; however, fears of a earlier-than-expected Fed hike rate hit risk appetite...
EUR/USD is trading at 1.1318 with a high of 1.1486 and a low of 1.1312...
The sterling keeps giving away previous gains vs. the greenback, relegating GBP/USD to the 1.5215/10 area. GBP/USD coming down from 1.5350 The buoyant tone around the pound bolstered this week’s ascent to 3-week highs in the mid-1...
A week ago, we closed the EURUSD at 1.1278. So if I were to put in words how the EURUSD did this week, it would be: “EURUSD ends higher on the week after strong employment report” In the process the price squeezed to 1.1533, It came down to 1.1302. It squeezed up to 1...
The selling mood is doing nothing but growing around the euro, now sending EUR/USD to session lows in the 1.1320/15 band. EUR/USD hurt by US data The upbeat results from the US Payrolls caught markets off guard today, as consensus amongst traders was expecting a lower reading...
The dollar is back. The greenback continues marching north at the end of the week, pushingUSD/CAD beyond the 1.2500 handle...
GBP/USD is currently trading at 1.5254 with a high of 1.5353 and low 1.5237. GBP/USD is consolidating the downside post the Nonfarm Payrolls event that took the dollar index through the 50% retracement of Feb's bear trend and has Sterling down to test the mid point of the 1.52 handle...
USD/JPY broke above the 119 mark and printed a 3-week high as the dollar strengthened on the back of remarkable strong US nonfarm payrolls figures. USD/JPY rose more than 150 pips over the last hours and reached a high of 119.13, last seen Jan 12, before losing momentum...
EUR/USD stretched lower and printed fresh lows for the day as investors continue to asses a stronger than expected nonfarm payrolls report...
Valeria Bednarik, Chief Analyst at FXStreet, notes that EUR/USD is gaining bearish strength post the release of a stronger than expected US NFP, further expecting that the pair may head lower towards 1.1100 levels on a weekly close below 1.1300...
NZD/USD fell more than 100 pips in a matter of minutes and printed a 2-day low in the lower 0.73’s after a strong US nonfarm payrolls report gave the greenback a boost. Nonfarm payrolls report showed the US economy created 257,000 jobs in January, beating expectations of 234,000...
The US dollar is trading higher after the good US employment report in January and against the Australian dollar, the pair is watching levels not seen in the day. The AUD/USD fell 95 pips from 0.7875 to trade at daily lows at 0.7780. Currently, AUD/USD is trading at 0.7800, down 0...
US Dollar Chart Positioning Continues to Warn of Downturn S&P 500 Remains in Consolidation Mode Under 2100 Figure Crude Oil May Be Readying to Turn Lower Anew Below $59 CRUDE OIL TECHNICAL ANALYSIS Prices pushed higher following a prolonged period of consolidation after bottoming as expected...
Gold prices trade steady around USD 1265/Oz levels as the markets await the monthly Non-farm payrolls data in the US; a gauge of labor market strength which is actively tracked by the Fed officials...
On Friday the greenback recovered against its peers, as investors anticipated the release of U.S. nonfarm payrolls data later in the day and as the previous session's jobless claims report lent support to the US currency...