Spot gold prices first broke $1000 per ounce 14 March 2008… IN FACT the world’s first ever $1000 gold deal had happened the day before, writes Adrian Ash at BullionVault. Thursday 13 March 2008 – a day earlier than the wholesale ‘spot’ gold price finally popped above $1000 per ounce – saw a […]
The Swiss National Bank (SNB) will announce its rate decision on Thursday at 0830 GMT. While no change in policy is expected, investors will be looking for signals on whether the Bank is contemplating an eventual exit from its ultra-loose policies. With Swiss inflation still subdued though, the SNB may be reluctant to provide such […]
This Thursday we get the latest monetary policy assessment form the SNB as well as a number of US publications, so let’s take a look. Swiss Producer Price Index for February opens this agenda at a quarter past 8. Prices advanced by point 3% in January and this was the sixth consecutive monthly increase. Then […]
It’s noon GMT on this Wednesday so let’s see how traders have performed during the morning session. Euro/Dollar has shifted lower by 52 pips to trade slightly in the red at noon. Traded volume is average and neutral sentiment is 4% short. Gradual decline has provided bearish side with some profit opportunities. Pound/Yen declined by […]
The Great Britain Pound jumped against its global peers following the Spring Forecast by Phillip Hammond. The currency jumped by 0.60%, 0.50%, 0.15%, and 0.63% against the Chinese Yuan, Dollar, Euro, and Japanese Yen respectively. In his statement today, Philip Hammond talked about many things but the most notable was his statement about the country’s […]
Here are the latest developments in global markets: FOREX: The dollar index managed to erase part of yesterday’s losses during early European afternoon, inching up to 89.79 (+0.12%) despite the political chaos in the White House and renewed concerns over an escalation in US-China trade relations ahead of a crucial G20 meeting next week where […]
EURSEK has advanced considerably after hitting a four-month low of 9.7435 on January 31, eventually recording an eight-year high of 10.2442 last week. The pair has since lost some ground from March 7’s multi-year peak, with the retreat possibly coming on the back of an overstretched market – the Chikou Span seems to support this […]
The US 30 Index fell yesterday after headlines broke that the US Sec of State was being sacked by the President. The index closed at 25007.00 (down -0.68%) on the news, pushed further down late in the US session by the President’s call for $60B worth of trade tariffs on imported Chinese goods. Sentiment remains […]
The dollar index fell following yesterday’s decision by President Trump to fire his Secretary of the State. This came as the bureau of labor statistics released a report showing that inflation had edged lower but in line with what analysts were expecting. The Month over Month (MoM) Core CPI rose to 0.2% while the annualized […]
US Consumer Price Index publication has sent the spreads higher yesterday, so let’s see what have been the average and maximum separations. Euro/Dollar’s spreads have averaged at point 32 pips during the past 24 hours, peaking at 2.7 pips. Daily high and low difference was posted as the pair gained point 71% or 87 pips, […]
Get your daily market and Forex news analysis from leading Forex and market news analysts only at http://www.xm.com/market-analysis-video Professional Forex news analysis on all major currencies: (EUR/USD) (USD/JPY) (GBP/USD) (USD/CHF), (USD/CAD), (AUD/USD) Visit http://www.xm.com the international Forex broker. Related Posts:EUR/USD: trading plan for the US session on April 26th… April 26, 2024 In my morning […]
Stay informed about headline news and trends across the world’s ever-fluctuating financial markets through Binary TV. From stocks and commodities to global currencies, indices, and more, we help you keep up-to-date with our Daily Financial Market News, all brought to you exclusively from Binary.com Daily financial news by- Binary.com-March 14th 2018 Related Posts:Energy in Focus: […]
Get your daily market and Forex news analysis from leading Forex and market news analysts only at http://www.xm.com/market-analysis-video Professional Forex news analysis on all major currencies: (EUR/USD) (USD/JPY) (GBP/USD) (USD/CHF), (USD/CAD), (AUD/USD) Visit http://www.xm.com the international Forex broker. Related Posts:Euro, sterling extend weakness April 16, 2024 Yesterday, the euro and the British pound extended losses […]
EURJPY is creating a bullish correction tendency after the rebound on the six-month low of 129.30. In the short-term timeframe, during Wednesday’s session, the pair hit a 4-month high of 132.42 and touched the 38.2% Fibonacci retracement level of the last big downward movement with the high of 137.50 and the low of 129.30. Currently, the price […]
Here are the latest developments in global markets: FOREX: The dollar was little changed versus a basket of currencies on Wednesday after retreating following the departure of Rex Tillerson from the position of US Secretary of State on Tuesday. STOCKS: US markets closed lower yesterday, as news that US Secretary of State Rex Tillerson had […]
Morning Report: 07.00 London This morning, the Australian dollar is leading markets higher after better than expected Chinese industrial production data. Both the AUD/ USD and AUD/ JPY are rising after yesterday’s volatile session. The dollar pairs are generally mixed, with the dollar index negative admin US political uncertainty. The EUR/USD and GBP/USD are on […]
These are the Dukascopy Daily Trading Signals for Wednesday. Here’s how the technicals compare with the interbank at 8 AM GMT. Euro/Dollar has 4 neutral signals in the short term chart. 4 models are green in the mid term and there’s a mix of buy and neutral indicators in the long term. Interbank sentiment is […]
AUDUSD is trading higher following the rebound on the 0.7715 significant support level. However, the bullish movement paused at the 40-day simple moving average near the 0.7900 psychological level during yesterday’s session. Looking at the momentum indicators, the RSI indicator is moving slightly above its neutral threshold of 50 and is sloping to the upside, suggesting that the […]
Stay informed about headline news and trends across the world’s ever-fluctuating financial markets through Binary TV. From stocks and commodities to global currencies, indices, and more, we help you keep up-to-date with our Daily Financial Market News, all brought to you exclusively from Binary.com Daily financial news by- Binary.com-March 13th 2018 Related Posts:Market continues to […]
Overshadowing the economic data yesterday was the sacking of US Secretary of State Tillerson. The President nominated current CIA Director Mike Pompeo to become the new Sec of State. The President also name-dropped Larry Kudlow to fill the vacancy left by Gary Cohn as his Chief Economic Advisor. On a more market-orientated level, President Trump […]
https://pepperstone.com/en/forex-news/market-review -FX and Cryptos subdued AUD and BRL the highlights. -China Industrial productions beat, Retail sales don’t. -The UK prepares sanctions on Russia. -Rex Tillerson is sacked by Trump and will leave by end-March. -Trump’s economic scorecard to date. The overnight changes and price moves to be aware of by Pepperstone’s Market Analyst, Darren Sinden. […]
http://www.elliottwave.com/Investor-Research/Financial-Forecast-Service?tcn=ytv1703 When this group finally acts on a market trend, you can almost be sure that the trend is about to change. A historic chart tells you what you need to know. http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www2.elliottwave.com/club/signuplt/newsletters.aspx Learn How the Wave Principle Can Improve Your Trading Related Posts:Technical Analysis – US 500 index slides beneath rising… April 8, 2024 […]
EURGBP has been consolidating since September 2017 and has been stuck in a channel tilted slightly to the downside. The neutral to bearish picture in the medium term looks to last for a while longer after prices failed to break above the upper channel earlier this month. Resistance was met at around the 0.8950 region […]
The US 100 index has advanced considerably, managing to finish higher in the seven preceding trading days after recording a one-month low of 6,641.85 on March 2. Earlier on Tuesday, it hit a fresh all-time high of 7,185.15. The RSI has been rising lately, projecting a bullish picture in the short-term. However – and turning […]
China will see the release of numbers on February’s fixed asset investment, industrial production and retail sales on Wednesday at 0200 GMT. Barring retail sales, the figures are expected to have eased on an annual basis relative to January’s respective releases. As the readings are made public, attention will be falling on the aussie as […]
GOLD PRICES leapt against a sinking Dollar on Tuesday but quickly fell back after US consumer prices showed the fastest inflation in 6 months and US President Donald Trump sacked his Secretary of State Rex Tillerson with a tweet, one day after Tillerson called Russia “a force for instability in the world.” Trump had […]
EURNZD is touching the ascending trend line, which has been standing since February 2017. In the short-term timeframe, the price has been developing within a narrow range over the last two months with upper boundary the 1.7100 psychological level and lower boundary the 1.6720 support, which overlaps with the lower Bollinger band. Technically, in the […]
Bitcoin price has not recovered yet, with the cryptocurrency currently under further decline, now trading between $8800-$9900. The crypto market seems depressed, despite Wall Street analyst Thomas Lee’s Bitcoin Mystery Index giving a buy signal. The cryptocurrency market capitalisation is now struggling to surpass $400 billion, which begins to emerge as a new short-term resistance […]
The Japanese Yen has weakened against other major currencies in recent sessions, amid a political scandal engulfing Prime Minister Shinzo Abe’s government. Japan’s ministry of finance reported that it altered documents relating to a discounted sale of state-owned land to a school operator associated with the Prime Minister’s wife. However, the Bank of Japan (BoJ) […]
The EURUSD pair has managed to find support and resistance at previously broken trend lines and has pulled back to the 1.23000 level, forming what looks to be wedge across it. This can happen around important levels as sellers and buyers battle for control. The wedge can be a continuation pattern but can also cause […]
