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Analysts at INTL FCStone consider that the yellow metal could still gain some support from the uncertainty in Greece in the wake of the referendum at which Greeks rejected a measure on austerity. However, analysts at Barclays consider the traditional safe-haven will not benefit from it...
USD: Neutral "We see scope for USD to remain supported against most currencies in G10. Data over the past week has been strong, most notably consumer confidence. At the same time, the market has pushed back the timing of the first Fed hike due to uncertainty in Greece...
Greek Prime Minister Alexis Tsipras heads into meetings with creditors with a fresh democratic mandate from the people of Greece. The stakes are high and the nation's problems vast...
On Tuesday the Australian dollar was weaker as the Reserve Bank of Australia left interest rates on hold. Fresh news from Greece spurred renewed concerns...
Greek Prime Minister Alexis Tsipras was given hours to come up with a plan to keep his country in the euro and stave off economic disaster as citizens suffer under a second week of capital controls...
Yesterday was a rather uneventful day considering the fireworks that were supposed to happen after Greece's historic NO vote. The euro pretty much shrugged it off. Stocks bounced off the lows. The only markets that really got whacked were crude oil and copper. For me, it was a lot of watching...
It’s an easy way to game the stock market, and getting easier by the day. With some deft maneuvers, hedge funds and Wall Street trading desks are reaping hundreds of millions at the expense of index mutual funds, the investments of choice for a growing number of ordinary Americans...
July 6, 2015 Bangkok, Thailand While all eyes were on Greece this weekend, one of the largest banks in Lithuania quietly posted an awkward announcement to its customers. Interest rates are now negative. So negative, in fact, that the bank actually has to pay interest to some of its borrowers...
PayPal President Dan Schulman was quoted saying that expanding into international money transfer and remittances aligns with their strategic vision to democratize the movement and management of money...
In today’s society, it’s almost impossible to do without a credit card; you wouldn’t be so far from the truth if you called the credit card a ‘life saver’ because that’s exactly what it is...
CLS10C, D1: Oil Break Support @ 55.82, gapping and no retrace for gap. Try to draw fibonacci from Low @ 42.01 and Average High @ 61.54. Here is The Golden Ratio. Chek it out and waiting for BUY_Limit1 @ 51.78 and BUY_Limit2 @ 49.50...Cheers...
US JOLTS Job Openings measures the change in the number of employment openings, excluding the farm industry. A reading which is higher than the market forecast is bullish for the dollar. Here are the details and 5 possible JOLTS outcomes for EUR/USD. Published on Tuesday at 14:00 GMT...
This agreement extends Xiaomi's relationship with Intertrust Technologies Corporation, which owns WhiteCryption. Financial terms of the deal were not announced...
Euro falls as Greek voters reject austerity demands The euro fell against its main rivals Monday, but trimmed initial losses scored after Greek voters rejected conditions for a new bailout previously proposed by the country’s international creditors in a referendum that many viewed as a proxy on...
Forex Binary Options… the latest trend in the financial industry – a completely new way to make money from currency movements. Binary options are not to be mistaken for normal options contracts, which are a completely different thing. We’re specifically talking about binaries only...
Total remittances in 2014 reached $583 billion which is more than double the official development assistance (ODA) in the world. Whereas India received $70 billion, Chinese were able to send $64 billion back home...
Often we work on specific charts, currency pairs, limited to a few instruments. It's okay if it turns out consistently earn. But this trade does not give us information about what is happening in general in Forex, the behavior of other currencies in the charts...
W1 price is located above 200 period SMA and above 100 period SMA for the primary bullish market condition with secondary correction which was started last week on close weekly bar: 23.6% Fibo support level at 190.94 crossed by the price from above to above for the correction to be continuing...
The Greek vote is turning out to be much ado about nothing for the euro. While Europe’s currency slid, it only reached a one-week low. Price moves have been “muted,” according to Standard Chartered Plc. Investors expected a bigger decline, said Mizuho Bank Ltd. in Tokyo...