The Federal Reserve officials are currently debating whether to increase the interest rates earlier than planned due to the recent growth in the U.S. labor market...
On Monday the Japanese yen was slightly weaker, as the Bank of Japan kicked off its latest two-day monetary policy meeting with the board expected to stand pat...
Most of the retail market seems to be bullish. "Smart" money is as bearish as they have ever been. Upcoming week's expectation...
The Standard & Poor’s 500 Index completed its worst week since April, as signs of financial stress in Europe and speculation the recent rally is overdone pulled stocks down from record levels. Netflix Inc. retreated 6.9 percent as Internet stocks tumbled with small-cap shares...
Investing is, admittedly, a difficult undertaking. You hope to make the right choices, and to grow your money without taking undue risks. That feeling feeds a curious response, as researchers have discovered. We tend to favor stocks issued in our own country. Of course, you might say...
In U.S. trading, USD/CAD was up 0.62% at 1.0716, up from a session low of 1.0631 and off a high of 1.0723. The pair was likely to find support at 1.0631, the session low, and resistance at 1.0752, the high from June 25...
A study of analyst recommendations at the major brokerages shows that Commercial Metals Co. (NYSE: CMC) is the #29 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining Titans Index, according to Metals Channel...
Billionaire activist investor Carl Icahn said on Thursday that it is time for investors to tread carefully after the run-up in U.S. stock markets. "In my mind, it is time to be cautious about the U.S. stock markets," Icahn said in a telephone interview...
The pair AUD/NZD has been under pressure for well over a month now and just on Thursday the cross touched its lowest level since late March. It would seem that the AUD/NZD downward trend is going on. However, the analysis of the cycles paints a different picture...
Most investors seem to feel pretty confident that this market will never go down. But if you’ve studied bear markets, you know how this story will end. Don’t forget: Human nature never changes...
U.K 's leading index, a measure of perceptions on future economic conditions, increased at a stable rate in May, results of a survey by the Conference Board showed Friday. The Conference Board leading economic index rose 0.5 percent month-on-month in May, the same as in April...
BitPay Launches New Platform Renowned Bitcoin payment processing service provider BitPay recently launched CoPay – an open source wallet service having multi-signature as a key feature. This new wallet service is to fill the security loopholes that often occur during the safety of private keys...
While concerns over Portugal's banking sector, as well as Thursday's economic reports from EEA countries continued to weigh, the euro was almost unchanged against the U.S. dollar on Friday...
A weak U.S. dollar is a threat to the global economy and the only way to stop the greenback’s decline is to reintroduce a gold standard, said media tycoon, Steve Forbes...
Stocks from U.S. to Europe slid as increasing concern over signs of financial stress in Portugal sent investors seeking safety in Treasuries, the yen and gold. The Standard & Poor’s 500 Index fell 0.4 percent at 1:16 p.m...
As can be seen from the hourly BTC/USD chart, the price of Bitcoin is now consolidating sideways and has managed to sustain just above support S1...
The unemployment rate in Australia increased more than expected in June. reaching the highest level in 11-years, data from the Australian Bureau of Statistics showed Thursday...
Consumer prices in China were up 2.3 percent on year in June, the National Bureau of Statistics said on Wednesday. That was shy of forecasts for 2.4 percent, and it was down from 2.5 percent in May. Individually, food prices jumped an annual 3.7 percent in June, while non-food prices gained 1...
EUR/USD Technical Strategy: Pending Short Support: 1.3583, 1.3502-12, 1.3454 Resistance:1.3653, 1.3689, 1.3747 The Euro fell against the US Dollar as expected after the pair produced a bearish Evening Star candlestick pattern below the 1.37 figure. A daily close below support is at 1.3583, the 23...
