• Top 5 Things That Moved Markets This Past Week
    Investing.com1 hour ago

    Top 5 Things That Moved Markets This Past Week

    Investing.com – Top 5 things that rocked U.S. markets this week

  • Investing.com4 hours ago

    Gold Prices Remain Steady Despite Dollar's Dash to Six-Month High

    Investing.com – Gold prices oscillated around the psychologically important $1,300 level shrugging off dollar strength and easing geopolitical uncertainty following Trump’s reverse ferret on the North Korea summit.

  • Investing.com5 hours ago

    Dollar Flirts With Six-Month Highs as Euro Sees Red

    Investing.com – The U.S. dollar rose to a sixth-month high as mostly positive U.S. durable goods data suggested the U.S. economy was strong enough to sustain further Fed rate hikes.

  • MarketWatch5 hours ago

    Dollar checks second weekly gain in a row as global tensions take a breather

    The U.S. dollar strengthened against most of its main rivals Friday in New York, as a popular gauge of the currency hit a fresh 2018 high, and as traders digested a week in which the Federal Reserve signaled that it may adopt a more measured approach to hiking interest rates even if inflation runs ahead of its 2% annual target. An escalation of tensions between the U.S. and North Korea, which appeared to ease somewhat early in the session, and trade talks with Washington and Beijing contributed to a week marked by up-and-down trade. The ICE U.S. Dollar Index (IFUS:DX-Y.NYB), which gauges the U.S. unit against a half-dozen currencies, was up 0.5% at 94.197, headed for 0.6% return on the week.

  • MarketWatch6 hours ago

    In topsy-turvy Italian markets, sovereign debt now seen as riskier than corporate bonds

    After this week’s selloff in Italian sovereign debt, 90% of the country’s high-grade corporate bonds now earn a lower yield than government paper, according to an analysis by Bank of America Merrill Lynch. In other words, investors appear to view Italian corporate bonds as less risky than their government peers. Backed by the full faith and credit of the government, with its tax-raising abilities, government debt should usually feature a lower yield than those offered by corporate debt to reflect a lower risk of nonpayment.

  • Forex- Dollar Rises as Geopolitical Tensions Ease
    Investing.com7 hours ago

    Forex- Dollar Rises as Geopolitical Tensions Ease

    On Friday North Korean leader Kim Jong Un said he was still open to talks after the White House said in a statement that it would be "inappropriate" to have a planned summit at this time. Trump and Kim Jong Un were set to meet in Singapore on June 12 to discuss possible denuclearization. Durable goods in the U.S. fell 1.7% in April, compared to expectations of a 1.4% decrease while a separate report showed that the University of Michigan Consumer Sentiment index was revised down to 98.0 from 98.8.

  • Gold Prices Dip, Still on Track for Weekly Gains of 1% Above $1,300
    Investing.com7 hours ago

    Gold Prices Dip, Still on Track for Weekly Gains of 1% Above $1,300

    Investing.com - Gold prices moved lower in midmorning trade on Friday but were still on track for weekly gains of around 1% as demand for the safe haven asset increased this week on the back of geopolitical tensions.

  • Stocks- Wall Street Opens Lower Amid Geopolitical Worries
    Investing.com8 hours ago

    Stocks- Wall Street Opens Lower Amid Geopolitical Worries

    Investing.com – Wall Street dipped down on Friday on a thinly-traded day ahead of the Memorial day weekend as geopolitical concerns remained on the back of investors minds.The S&P 500 was down nine points or 0.36% to 2,717.83 as of 9:44 AM ET (13:44 GMT) while the Dow composite decreased over 80 points or 0.32% to 24,731.35 and tech heavy NASDAQ Composite fell six points or 0.09% to 7,417.61. ...

  • Cryptos Attempt to Rally as Regulation Worries Ease
    Investing.com9 hours ago

    Cryptos Attempt to Rally as Regulation Worries Ease

    Cryptocurrencies were steady on Friday, as regulation concerns eased among investors but the digital assets still remained lower. Bitcoin was trading at $7,505.6 rising 0.31% as of 9:11 AM ET (13:11 GMT) on the Bitfinex exchange, after falling to an earlier low of $7,377.80. The digital currency was down over 7% over the week.

  • Gold Prices Consolidate as Momentum Turns Positive
    FX Empire11 hours ago

    Gold Prices Consolidate as Momentum Turns Positive

    Gold prices consolidated after rebounding sharply on Thursday, as the dollar lost ground against most currencies except the Euro.  Yields in the U.S. are declining moving away from 3%, following the Feds meeting minutes that showed that central bank will allow inflation to run above target.  The softer than expected U.S. durable goods orders helped U.S. yields softening paving the way for higher gold prices. Gold ran up to resistance near the former breakdown level near 1,305.  Additional resistance is seen near the 10-day moving average at 1,296. ...

  • Stocks- U.S. Futures Inch Up as Geopolitical Worries Ease
    Investing.com11 hours ago

    Stocks- U.S. Futures Inch Up as Geopolitical Worries Ease

    Investing.com – U.S. futures were up slightly on Friday as geopolitical worries cooled and investors looked ahead to a speech from Fed Chairman Jerome Powell.The S&P 500 futures was up six points 0.35% to 2,734.25 as of 6:44 AM ET (10:44 GMT) while Dow futures increased 62 points or 0.25% to 24,865.0. Meanwhile tech heavy Nasdaq 100 futures rose 29 points or 0.42% to 6,986.25.Markets closed in the red on Thursday after U.S. President Donald Trump cancelled a planned summit with North Korea. ...

  • The EUR/USD Tumbles as Spain is Headed for Snap Elections
    FX Empire11 hours ago

    The EUR/USD Tumbles as Spain is Headed for Snap Elections

    The EUR/USD moved lower on Friday ahead of a potential no-confidence vote against Spanish Prime Minister Rajoy, unless he calls for snap elections.  The drop in the currency pair comes despite a better than expected German IFO report. A softer than expected U.S. Durable Goods orders report took some of the luster out of the Greenback. The EUR/USD attempted to move higher but was rejected near resistance at the December lows near 1.1725, and quickly started to move lower.

  • Gold Price Futures (GC) Technical Analysis – May 25, 2018 Forecast
    FX Empire12 hours ago

    Gold Price Futures (GC) Technical Analysis – May 25, 2018 Forecast

    Based on the early trade, the direction of the gold market the rest of the session is likely to be determined by trader reaction to the short-term 50% level at $1303.80.

  • EUR/USD Mid-Session Technical Analysis for May 25, 2018
    FX Empire12 hours ago

    EUR/USD Mid-Session Technical Analysis for May 25, 2018

    The momentum is clearly to the downside. The daily chart indicates that if this were to continue we could see an eventual test of the main bottom at 1.1553. There is no major support between the current price and this level.

  • Forex- Dollar Steady While Sterling Dips Ahead of Powell, Carney Speech
    Investing.com13 hours ago

    Forex- Dollar Steady While Sterling Dips Ahead of Powell, Carney Speech

    The greenback was flat on Friday while the pound inched down as investors looked ahead to testimony from Fed Chair Jerome Powell and Bank of England Governor Mark Carney. Both Federal Reserve Chairman Jerome Powell and BOE Governor Mark Carney are expected to participate in a panel discussion of "Financial Stability and Central Bank Transparency" at the "Sveriges Riskbank Conference: 350 Years of Central Banking - The Past, The Present and The Future" in Stockholm, Sweden at 9:20 AM ET (13:20 GMT). The dollar was also held back by Fed meeting notes on Wednesday that suggested that while another interest rate hike is warranted, the central bank would accept inflation rising above its target rate for a while.

  • Price of Gold Fundamental Daily Forecast – Stronger Euro, Drop in Yields Providing Support
    FX Empire14 hours ago

    Price of Gold Fundamental Daily Forecast – Stronger Euro, Drop in Yields Providing Support

    The fundamentals are mixed today and the weak rally suggests traders may have fully-absorbed the news of the cancellation of the meeting between the United States and North Korea. Furthermore, traders don’t seem to be too concerned about President Trump’s disappointment about the outcome of the trade talks with China.

  • Gold on Bull Run as Trump Calls off North Korean Summit
    FX Empire15 hours ago

    Gold on Bull Run as Trump Calls off North Korean Summit

    The gold prices have shot higher on increased geopolitical tension

  • USDCAD Range Bound as Crude Oil Tests $70
    FX Empire15 hours ago

    USDCAD Range Bound as Crude Oil Tests $70

    The CAD i well supported for now but could weaken anytime

  • EUR/USD, AUD/USD, GBP/USD and USD/JPY Daily Outlook – May 25, 2018
    FX Empire16 hours ago

    EUR/USD, AUD/USD, GBP/USD and USD/JPY Daily Outlook – May 25, 2018

    The Euro has rallied a bit during the Thursday’s session against dollar using 1.17 level as support. The pair moved slightly higher during the yesterday’s session reaching towards the 1.34 level. The pair traded on a quiet note and hanged around the 0.7550 level during the yesterday’s session.

  • Sterling Remains Dovish Despite Upbeat UK Sales Data
    FX Empire16 hours ago

    Sterling Remains Dovish Despite Upbeat UK Sales Data

    The GBPUSD pair continues to struggle for strength

  • Gold Prices Slip Amid Firmer Dollar
    Investing.com17 hours ago

    Gold Prices Slip Amid Firmer Dollar

    Investing.com – Gold prices slipped on Friday as the dollar firmed against the other major currencies in Asia in late morning trade Friday, with the U.S. dollar index testing the 94 level.

  • Forex – Dollar Firmer Despite U.S.-North Korea Tensions
    Investing.com18 hours ago

    Forex – Dollar Firmer Despite U.S.-North Korea Tensions

    Investing.com – The dollar rose against the other major currencies in Asia in late morning trade Friday, with the U.S. dollar index testing the 94 level. The market appeared to take in stride news that U.S. President Donald Trump decided to cancel a planned summit with North Korean leader Kim Jong Un.

  • Bitcoin Slips as U.S. Justice Department Probes Crypto Manipulation
    Investing.com18 hours ago

    Bitcoin Slips as U.S. Justice Department Probes Crypto Manipulation

    Investing.com – Bitcoin prices slipped on Friday amid reports that the U.S. Justice Department launched a criminal probe into cryptocurrency market manipulation.

  • MarketWatch18 hours ago

    Italy delivers a ‘worst-case scenario’ — but here’s what’s reassuring investors

    Before Italy’s general election in March, strategists said the worst-case scenario for equity markets would be an anti-establishment coalition government. Giuseppe Conte is on track to become the new prime minister, with a pair of populist parties — the 5 Star Movement and the League — picking the little-known law professor as a compromise candidate to head their coalition. The new government represents “the worst-case scenario,” with its plans worrying investors, but there are some reassuring factors, said Seema Shah, an investment strategist at Principal Global Investors.

  • EURUSD Turns Range Bound As Greenback Takes A Breather
    FX Empire19 hours ago

    EURUSD Turns Range Bound As Greenback Takes A Breather

    The pair has been in a tight range with mixed signals from the market