- Investing.com•1 hour ago
Forex- U.S. Dollar Rallies as Euro Falls
The dollar gained ground on Thursday, as the euro fell after comments from European Central Bank President Mario Draghi. The euro was down, with EUR/USD falling 0.44% to 1.2106 as of 11:14 AM ET (15:14 GMT) as investors worry that the eurozone's economy is rebounding and the European Central Bank could wait to tighten monetary policy. Draghi said that Eurozone area growth is “solid and broad based”, before adding that the ECB didn't discuss plans for its June meeting.
- MarketWatch•2 hours ago
Euro gives up post-ECB gains, leaves dollar to rally
The U.S. dollar rallied Thursday as its biggest rival, the euro, retraced all the gains it had logged on the back of the European Central Bank’s policy update.
- Investing.com•2 hours ago
Gold Dips as U.S. Dollar Rallies
Elsewhere on the Comex, silver futures were down 0.53% to $16.415 a troy ounce. Among other precious metals, Platinum Futures fell 0.30% to $910.00 while Palladium Futures surged 1.69% to $983.85 an ounce. Copper futures decreased 0.40% to $3.122 a pound.
- Investing.com•3 hours ago
Stocks- Technology Stocks Lead Wall Street Rally
Investing.com – Wall Street opened higher on Thursday, bolstered by strong earnings results from technology companies.The S&P 500 was up over 10 points or 0.40% to 2,650.08 as of 9:40 AM ET (13:40 GMT) while the Dow composite increased over 53 points or 0.22% to 24,137.80 and tech heavy NASDAQ Composite rose 63 points or 0.90% to 7,067.06.Technology stocks were much higher after stronger than expected earnings results.Facebook (NASDAQ:FB) surged 9.02% after its first-quarter results came in higher than expected. ...
- Investing.com•3 hours ago
Euro Hits Day Highs after Draghi, Dollar Rally Cools
Investing.com - The euro rose to the day’s highs on Thursday after European Central Bank President Mario Draghi said euro area growth is “solid and broad based”, before adding that the ECB didn't discuss plans for its June meeting.
- Investing.com•4 hours ago
Cryptos Mixed as Bitcoin Stays at Three-Day Low
Cryptocurrencies were mixed on Thursday, as Bitcoin remained near a three-day low. Bitcoin was trading at of $8,899.50, falling 2.77% as of 8:24 AM ET (12:24 GMT) on the Bitfinex exchange. The Chicago Board Options Exchange wants to lower the increments on its futures contracts, according to a letter to the Commodity Futures Trading Commission.
- Investing.com•5 hours ago
Dollar Eases From 3-1/2 Month Highs
Investing.com - The dollar eased back from three-and-a-half month highs against a currency basket on Thursday as investors took a breather after a recent rally driven by rising Treasury yields.
- Reuters•6 hours ago
Confident Draghi lifts euro to day's highs; yields dip
The euro held at the day's highs on Thursday after ECB President Mario Draghi presented a relatively confident outlook for the euro zone economy, contrary to some expectations that he would take a more cautious stance after recent weak data. After briefly falling to its lowest since mid-January at $1.2145 after the ECB's decision to keep policy unchanged, the single currency rebounded and was trading up 0.3 percent at the day's highs of $1.2210 after Draghi played down concern over recent softness in data. "If anything, he is a tad more hawkish than forecasts and he does not strike as being particularly concerned with the level of the euro either," said Neil Jones, head of hedge fund sales at Mizuho Bank Ltd in London.
- Investing.com•6 hours ago
Stocks- U.S. Futures Point to Higher Opening Bell
Investing.com – U.S. futures pointed to a slightly higher opening bell on Thursday as earnings season continued.The S&P 500 futures was up five points or 0.19% to 2,649.50 as of 6:49 AM ET (10:49 GMT) while Dow futures increased 40 points or 0.17% to 24,118.0. Meanwhile tech heavy Nasdaq 100 futures surged 35 points or 0.54% to 6,591.00A flurry of corporate earnings are expected on Thursday, including General Motors (NYSE:GM), Amazon.com (NASDAQ:AMZN), Microsoft (NASDAQ:MSFT), Starbucks (NASDAQ:SBUX), American Airlines Group (NASDAQ:AAL) and many others. ...
- FX Empire•7 hours ago
Gold Price Futures (GC) Technical Analysis – April 26, 2018 Forecast
Based on the early trade, the direction of the gold market today is likely to be determined by trader reaction to a steep downtrending Gann angle at $1325.40.
Reuters•7 hours agoEuro holds near eight-week lows ahead of Draghi news conference
By Tommy Wilkes LONDON (Reuters) - The euro held near eight-week lows on Thursday as traders prepared for European Central Bank President Mario Draghi to speak with investors searching for any signals about when the ECB will begin unwinding its stimulus. The single currency trimmed earlier gains to trade flat at $1.2164 after the ECB kept rates unchanged as widely expected. "We think the ECB is probably quite happy with its forward guidance.
- FX Empire•7 hours ago
Technical Overview of AUD/USD, GBP/AUD & AUD/CHF: 26.04.2018
With the AUDUSD’s break of nearly a year-old ascending trend-line, the pair seems vulnerable enough to revisit the 0.7505-0.7500 horizontal-support but the 0.7550 may become immediate rest. In case if Bears refrain to respect the 0.7500 round-figure and oversold RSI, the 0.7460, the 0.7420 and the 0.7370 consecutive numbers may mark their presence on the chart.
- Investing.com•8 hours ago
Gold Prices Struggle to Make Headway as Strength in Dollar, Yields Weighs
Investing.com - Gold prices were off their best levels of the day on Thursday as strength in the dollar and Treasury yields continued to weigh, keeping prices within reach of three week lows.
- FX Empire•8 hours ago
Geo-Politics, Data and Central Banks Coming
Global markets have turned cautious as major risk events await, including the ECB, Core Durable Goods Orders from the States. And tomorrow’s Korean summit, and U.S GDP number. The U.S Dollar remains strong.
- MarketWatch•8 hours ago
ECB leaves interest rates unchanged
The European Central Bank on Thursday left interest rates unchanged, as expected, and repeated that it intended to continue its program of buying 30 billion euros ($36.6 billion) of assets a month until ...
- FX Empire•8 hours ago
Korean Summit and Bank of Japan Tomorrow Impact Yen
The Yen has continued to traverse its weaker trend versus the U.S Dollar and has broken resistance consistently in the short term.
- Investing.com•9 hours ago
Dollar Steady near 3-1/2 Month Highs
Investing.com - The dollar was holding steady near three-and-a-half month highs against a basket of the other major currencies on Thursday, supported by higher Treasury yields as the U.S. 10-year bond yield held above the 3% level.
- FX Empire•9 hours ago
AUD/USD Forex Technical Analysis – April 26, 2018 Forecast
The first rule of trading is “keep the charts simple”. There is no need for any fancy oscillators, indicators or moving averages at this time. Just watch the price action and read the order flow at .7551 today.The AUD/USD is down five days from its last swing top. Usually we get a reversal bottom between 7 to 10 days. However, due to the size of the current break, we’re going to be watching for an earlier than expected reversal.
- FX Empire•10 hours ago
EUR/USD Mid-Session Technical Analysis for April 26, 2018
Based on the early trade, the direction of the EUR/USD is likely to be determined by trader reaction to the Fibonacci level at 1.2160.The EUR/USD isn’t close to turning the main trend to up, but today’s session does begin with the Forex pair in the window of time for a closing price reversal bottom.
- MarketWatch•11 hours ago
4 outcomes for the ECB meeting, in 1 handy chart
The European Central Bank meets for its policy-setting meeting on Thursday and the big question on traders’ mind is when President Mario Draghi & Co. will put an end to its aggressive bond buying program ...
- FX Empire•12 hours ago
Global Stocks Struggle, ECB Meeting in Focus
The ECB monetary policy decision and press conference are today. The Korean summit will get underway early Friday.
- MarketWatch•12 hours ago
Here's why the euro looks cheap ahead of Thursday’s ECB meeting
The euro has sold-off lately and is trading around its lowest level since mid-January against the U.S. dollar on Wednesday. But this is rendering it undervalued ahead of the European Central Bank’s policy ...
- CNBC Videos•7 hours ago
ECB: Net asset purchases to run until September or beyond...
European Central Bank President Mario Draghi discusses the bank’s latest decision on monetary policy.
- CNBC Videos•8 hours ago
ECB confidence could lead to a euro rally, strategist say...
Viraj Patel, FX strategist at ING, discusses the European Central Bank's latest monetary policy decision.
- CNBC Videos•8 hours ago
ECB's Draghi will continue to be patient, analyst says
Michael Krautzberger, head of European fixed income at BlackRock, talks about the ECB's decision to leave interest rates unchanged.
