- S&P 5002,826.06+0.14%
- Dow 3025,585.69+0.37%
- Nasdaq7,637.01+0.11%
- Russell 20001,514.11+0.85%
- Crude Oil59.02+1.92%
- Gold1,284.30-0.09%
- Silver14.52-0.36%
- EUR/USD1.1210-0.0000%
- 10-Yr Bond2.3240+1.22%
- Vix15.85-6.32%
- GBP/USD1.2712-0.0000%
- USD/JPY109.30000.0000%
- BTC-USD8,046.07+0.62%
- FTSE 1007,277.73+0.65%
- Nikkei 22521,117.22-0.16%
- Yahoo Finance Video•10 hours ago
Theresa May Resigns: What's Next?
Yahoo Finance's Adam Shapiro, Julie Hyman, Brian Cheung, and Heidi Chung join Yahoo News Reporter Stuart Henderson and Societe Macro Strategist Kit Juckes.
- MarketWatch•5 hours ago
Theresa May’s resignation is not good news for British pound, say analysts
The British pound rises against rivals late Friday after U.K. Prime Minister Theresa May announced her resignation, after her deals to usher Britain out of the European Union failed and she lost the confidence of her political inner circle.
- FX Empire•7 hours ago
Forex Daily Recap – Cable Shoots on New Prime Minister Hopes
Greenback dropped to weekly low levels as April Goods Orders reports came out below estimates. Loonie extended yesterday’s plunge rally. XAU/USD pair is trading 0.55% weekly up.
- FX Empire•9 hours ago
Gold Weekly Price Forecast – Gold markets bounce during the week
The Gold markets initially fell during the week but found enough support at the $1270 level to rally again. This is an area that has been crucial more than once.
- FX Empire•9 hours ago
USD/JPY Weekly Price Forecast – US dollar pulls back for the week
The US dollar initially tried to rally during the week against the Japanese yen but as you can see did pull back significantly to show signs of weakness again. While the US dollar strengthens against many other currencies, the Japanese yen is a bit of an outlier as it is considered to be “safer” than the greenback.
- FX Empire•9 hours ago
GBP/USD Weekly Price Forecast – British pound stabilizes slightly
The British pound has been beaten up for some time, which makes quite a bit of sense considering that the Brexit continues to be a mess. With that being the case, it’s difficult to buy this market for the longer-term, but in general we are getting closer to the bottom than the top.
- FX Empire•9 hours ago
GBP/JPY Weekly Price Forecast – British pound continues to soften
The British pound initially tried to rally during the week but gave back most of the gains to reach down towards the ¥138 region. That is a major support level, and I fully anticipate that it should hold the market, at least temporarily.
- FX Empire•9 hours ago
EUR/USD Weekly Price Forecast – Euro looking to find a bottom
The Euro initially fell during the week but found enough support near the 1.11 level to turn around and bounce rather significantly. By forming the hammer on the weekly chart, this does suggest that we are trying to find a bottom.
- FX Empire•9 hours ago
AUD/USD Weekly Price Forecast – Australian dollar stabilizes
The Australian dollar has stabilized a bit during the week, essentially printing a neutral candle stick. While this isn’t necessarily a sign that you should be buying, it is rather interesting because it forms a bullish harami. This is a candlestick pattern that is relatively rare.
- FX Empire•9 hours ago
Gold Price Forecast – Gold markets stabilize going into the weekend
Gold markets did very little during trading on Friday, as volume of course would have been very low. The market continues to look negative overall, but we did have a major bullish candle on Thursday. With that, we have to look at the bigger picture.
- FX Empire•9 hours ago
USD/JPY Price Forecast – US dollar stabilizes
The US dollar stabilized against the Japanese yen during the trading session on Friday, as we continue to hover around the 109.70 level. This is a market that is highly sensitive to risk appetite, that tends to correlate quite nicely with the S&P 500.
- FX Empire•9 hours ago
GBP/USD Price Forecast – British pound gives up gains
The British pound initially tried to rally during the trading session on Friday but gave back quite a bit of the gains. Perhaps this move was in reaction to the fact that Theresa May has finally said when she is leaving. At this point in time though, the 1.27 level is offered enough resistance to turn this market right back around.
- FX Empire•9 hours ago
GBP/JPY Price Forecast – British pound gives up gains
The British pound has initially tried to rally during the trading session on Friday but has given back quite a bit of the gains as more of a “risk off” attitude has creeped back into the markets.
- FX Empire•9 hours ago
EUR/USD Price Forecast – Euro tests major resistance barrier
The Euro rallied a bit during the trading session on Friday, reaching towards the 1.12 level. This begins a significant resistance barrier extending all the way to the 1.1250 level. With that in mind, even though things look very bullish I suspect that sellers could step in soon.
- FX Empire•9 hours ago
AUD/USD Price Forecast – Australian dollar continues to grind
The Australian dollar went back and forth during the trading session on Friday, as we continue to see a lot of back-and-forth banter between the Aussie in the US dollar. Remember that this pair is highly sensitive to the US/China trade relations, and therefore it’s difficult to imagine that we are going to see a complete change in projector anytime soon.
- Investing.com•9 hours ago
Gold Cools After Theresa May Resignation, Looks to Pound for Clues
By Barani Krishnan
- Investing.com•10 hours ago
Bitcoin Bulls Make Another Attempt to Wrestle $8,000 Level From Bears
Investing.com - Bitcoin attempted to mount a rally above the $8,000 level on Friday, amid rising expectations that bitcoin watchers are set to ramp up purchases of the popular currency ahead of a cut in overall supply.
- MarketWatch•12 hours ago
Amazon will hit $3,000, says Piper Jaffray, making Buffett look smart
Our call of the day, from analysts at Piper Jaffray takes a holiday from the trade headlines to make a prediction about Amazon shares. They say get ready for a 65% move higher.
- FX Empire•13 hours ago
Metals Consolidate Previous Gains, Focus on Trump’s War and May’s Resign
God and silver are trading in consolidation mode after Thursday’s rally. Be aware of profit taking and rebalancing ahead of the weekend.
- FX Empire•13 hours ago
EUR/USD Mid-Session Technical Analysis for May 24, 2019
Based on the early price action, the direction of the EUR/USD on Friday is likely to be determined by trader reaction to the price cluster at 1.1185.
- MarketWatch•13 hours ago
London markets climb as Trump considers easing Huawei ban
London’s markets ticked up on Friday, as investor concerns were dulled by U.S. President Donald Trump’s indication the ban on Huawei Technologies Co. could be eased
- Reuters•14 hours ago
Sri Lanka stocks snap 5 days of gains in light trade; rupee steady
Sri Lankan shares snapped five straight sessions of gains on Friday in low trade amid worries over economic slowdown and lack of investor appetite for risky assets. ** Traders said the Easter day bombings and aftermath violence weighed on investor sentiment. ** Sri Lanka is unlikely to hit its full-year economic growth target of 3-4% following the Easter Sunday bombings, junior finance minister Eran Wickremeratne told Reuters on Tuesday.
- FX Empire•14 hours ago
USD/CAD Daily Forecast – Loonie Make a Dip Ahead of US Goods Orders Data
Crude Oil prices showed slight recovery signs as traders felt a firm trend in global trade. However, escalating Trade tensions capped further Oil gains.
- FX Empire•14 hours ago
Price of Gold Fundamental Daily Forecast – Weak Durable Goods Data Could Spike Prices Higher
Given yesterday’s bullish response to the weaker-than-expected PMI data, today’s durable goods figures for April, due to be released at 12:30 GMT, could have a strong influence on gold prices. Lower-than-expected durable goods numbers could spike gold prices higher for a second day. Better-than-expected data is likely to pressure gold
- Investing.com•15 hours ago
U.S. Dollar Slips on Trade Uncertainty as Euro Rises
