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In the week through Monday, foreigners were said to have sold a net 1.7 billion yuan ($274 million) of Chinese shares via the Shanghai-Hong Kong exchange link, while outflows from the two biggest Hong Kong exchange-traded funds tracking mainland shares totaled $622 million...
US DOLLAR TECHNICAL ANALYSIS Prices turned lower as expected, with prices digesting losses near monthly lows. A daily close below the 11858-86 area (23.6% Fibonacci retracement, March 18 low) exposes the 38.2% level at 11679...
Deutsche Bank believes that its medium-term outlook for a sustained uptrend in the USD/JPY remains intact as it's consistent with the recovery trend in the US and Japanese economies, and prospects for a US rate hike amid extended QQE in Japan...
On Tuesday International Business Machines Corp said it is planning to invest $3 billion over the next four years in a new 'Internet of Things' unit. The company aims to sell its expertise in gathering and making sense of the surge in real-time data...
On Tuesday the greenback was broadly higher against its peers, as growing hopes for a U.S. rate hike continued to underpinned demand for the greenback and as concerns over Greece's ability to secure additional bailout funds dampened risk sentiment...
On Tuesday global stock markets mostly rose, boosted by positive data from major economies and hopes for stimulus in China...
According to revised official figures released today, the UK's economy grew at a faster pace than initially estimated last year...
World oil prices will not exceed $60 per barrel ranging within $50-$60, according to a leading economist of the European Bank for Reconstruction and Development (EBRD), Dmitry Gvindadze...
China's tech giant and world's second biggest telecoms equipment maker Huawei Technologies reported that its profits jumped a third last year, driven by strong performances in all its businesses...
Over the last week both gold and silver were higher before stabilizing on Friday. The Fed induced rally which started on Wednesday March 18th, was probably the “reason” for the optimism in the precious metals complex...
On Tuesday the greenback rose against the euro and the yen, as investors anticipated the most recent U.S. employment report later in the week, and uncertainty over Greece continued to weigh on the single currency...
Crude oil and energy stocks are tricky to navigate in a situation like this where the equities market is nearing a bull market top. It is critical to remember that when the US stock market turns down and starts a bear market virtually all stocks and commodities will fall in value...
Motorola's global development and quality test center has been positioned within Lenovo's Wuhan operational zone. This new center will cover various sectors, including manufacturing, operations, management, development testing, trade, and sales...
The Currency Score analysis is one of the parameters used for the Ranking and Rating list which was published earlier this week...
When looking at the Top 15 in the Monthly Ranking and Rating list provided here we can see that for the coming month the following stronger currencies are well represented for going long: USD(4X), NZD(3x) and the GBP(2X...
First off, if you are not familiar with or why you would use a Virtual Private Server (VPS), it is considered a leading topic for web hosting but not so much for Forex trading...
Why are interest rates so low? (Ben S...
Heres a Long position im taking based on a few factors. 1. RSI is in oversold territory 2. Price is near support zone 3. Signs of rejection from lower price. I do think we could see lower prices in near future however a 50 to 100 pip move up would not be unexpected from my view...
Heres a Long position im taking based on a few factors. 1. RSI is in oversold territory 2. Price is near support zone 3. Signs of rejection from lower price. I do think we could see lower prices in near future however a 50 to 100 pip move up would not be unexpected from my view...
