• Hope new Italian government will respect European fiscal ...
    CNBC Videos4 hours ago

    Hope new Italian government will respect European fiscal ...

    European Central Bank Vice President Vitor Constancio speaks risks facing markets, financial resilience in the euro zone and Italian politics.

  • Bitcoin Falls to Six-Week Low as U.S. Investigates Market Manipulation
    Investing.com1 hour ago

    Bitcoin Falls to Six-Week Low as U.S. Investigates Market Manipulation

    Cryptocurrencies were lower on Thursday, with Bitcoin falling to a six-week low amid reports that the U.S. Justice Department is looking into whether traders are manipulating the price of Bitcoin and other virtual currencies. Bitcoin was trading at $7,377.80, falling 6.74% as of 7:59 AM ET (11:59 GMT) on the Bitfinex exchange. As virtual currencies have increased in popularity among investors, it has lead to further investigations from regulators around the world.

  • MarketWatch2 hours ago

    Dollar slips, havens rally as Trump nixes North Korea summit

    The U.S. dollar index steepened its decline in early Thursday trade, pulling back from a 2018 high, after President Donald Trump canceled next month’s North Korea summit and potential import tariffs on cars brought up renewed fears over trade-wars. What are currencies doing? The ICE U.S. Dollar Index (IFUS:DX-Y.NYB) dropped 0.4% to 93.624, after rising to its highest level since mid-December on Wednesday.

  • Revolut App Adds XRP, Bitcoin Cash to Crypto Options
    Coindesk2 hours ago

    Revolut App Adds XRP, Bitcoin Cash to Crypto Options

    Mobile banking app Revolut now lets users buy, sell and hold Ripple's XRP and bitcoin cash, in addition to bitcoin, litecoin and ether.

  • MarketWatch2 hours ago

    South Korean won slumps as Trump cancels summit with North Korea

    The South Korean won plummeted as President Donald Trump canceled the U.S.-North Korea summit scheduled to be held in Singapore next month. The U.S. dollar gained 0.7% on South Korea's currency , last fetching 1,084.89 won.

  • Stocks- U.S. Futures Flat as Trade Talk Worries Continue
    Investing.com3 hours ago

    Stocks- U.S. Futures Flat as Trade Talk Worries Continue

    Investing.com – U.S. futures pointed to a flat opening bell on Thursday as investors looked ahead to economic data and concern over U.S.-China trade talks continued.The S&P 500 futures was down half a point or 0.02% to 2,730.25 as of 6:46 AM ET (10:46 GMT) while Dow futures decreased 18 points or 0.07% to 24,841.0. Meanwhile tech heavy Nasdaq 100 futures rose three and a half points or 0.05% to 6,960.50.A flurry of economic data is expected later in the day, with jobless claims at 8:30 AM ET (12:30 GMT) and existing home sales at 10:00 AM ET (14:00 GMT). ...

  • Reuters4 hours ago

    Indian rice prices ease to lowest in a year as rupee slides

    Rice prices in India fell for the third straight week to their lowest level in a year as the rupee slipped to a 16-month low, while markets in other top exporters remained relatively muted. "Indian rice is very competitive compared to supplies from Thailand and Vietnam. Rice prices in the country, which emerged as a major importer in 2017 after floods damaged its crops, jumped around 40 percent last year due to depleting stocks, forcing the government to seek supplies from Asian countries like India, Thailand and Vietnam.

  • Gold Prices Move Higher as Weaker Dollar, Trade Worries Support Demand
    Investing.com4 hours ago

    Gold Prices Move Higher as Weaker Dollar, Trade Worries Support Demand

    Investing.com - Gold prices moved higher as a weaker dollar and U.S.-China trade concerns continued to support demand for the safe haven precious medal.

  • Forex- Sterling Surges on Retail Data
    Investing.com5 hours ago

    Forex- Sterling Surges on Retail Data

    Investing.com - Sterling was higher on Thursday after UK retail sales came in higher than expected, boosting confidence in the economy.UK retail sales rose 1.6% in April, compared to expectations for a 0.1% gain, the Office for National Statistics reported. The unexpected increase indicates consumer confidence in the UK economy, despite political uncertainty surrounding Brexit.GBP/USD surged 0.46% to a one-day high of 1.3410 as of 4:43 AM ET (8:43 GMT).The euro was also higher, but was held back by economic and political worries in Europe. ...

  • MarketWatch5 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.

  • AUD/USD Forex Technical Analysis – May 24, 2018 Forecast
    FX Empire5 hours ago

    AUD/USD Forex Technical Analysis – May 24, 2018 Forecast

    The inside move and the early trade indicates traders aren’t sure how to play the AUD/USD, likely due to the conflicting fundamentals. The direction of U.S. Treasury yields today is likely to be the catalyst behind the price action.

  • EUR/USD Mid-Session Technical Analysis for May 24, 2018
    FX Empire6 hours ago

    EUR/USD Mid-Session Technical Analysis for May 24, 2018

    Based on the early trade, the direction of the EUR/USD is likely to be determined by trader reaction to the former bottom at 1.1712.

  • USD/CAD Rectangle Consolidation Above Ascending Trend Line
    FX Empire6 hours ago

    USD/CAD Rectangle Consolidation Above Ascending Trend Line

    The USD/CAD has been consolidating within the rectangle range above M L3 pivot point. Consolidation is also between the W L3 and H3 above the ascending trend line, so I assume the price is still bullish. 1.2760-1.2787 is the POC zone and we might expect a bullish bounce once the price retests the zone. However, if the candle breaks and closes above  W H3 -1.2932 we should see a continuation to the upside targeting 1.2980 and 1.3060.

  • EUR/USD, AUD/USD, GBP/USD and USD/JPY Daily Outlook – May 24, 2018
    FX Empire7 hours ago

    EUR/USD, AUD/USD, GBP/USD and USD/JPY Daily Outlook – May 24, 2018

    The market continued to remain weak and negative during the Wednesday’s session breaking below the 1.17 level. By going below this level, the market is more likely to fall towards its next major support level at 1.15 level underneath. Short-term rallies in the market will be an excellent opportunity to sell this market as it offers value in the USD. …Read MoreGBP/USD

  • Price of Gold Fundamental Daily Forecast – Tensions Between U.S., North Korea Are Simmering
    FX Empire8 hours ago

    Price of Gold Fundamental Daily Forecast – Tensions Between U.S., North Korea Are Simmering

    Gold should be supported on Thursday if Treasury yields continue to retreat and drag down the U.S. Dollar. Gold will get an additional boost if geopolitical concerns continue to escalate especially over North Korea.

  • Forex – Dollar Drops Amid Risk Aversion  
    Investing.com9 hours ago

    Forex – Dollar Drops Amid Risk Aversion  

    Investing.com –  The dollar slid against major Asian currencies Thursday morning after climbing overnight to a fresh high for the year. Without any key economic data in the region, investors focused on political events that clouded the market outlook. As risk appetite soured, the safe-haven yen was sent higher.

  • Gold Prices Gain Amid Uncertainty Over U.S.-China Trade Talks
    Investing.com9 hours ago

    Gold Prices Gain Amid Uncertainty Over U.S.-China Trade Talks

    Investing.com – Gold prices rose on Thursday as uncertainty over the trade talks between the U.S. and China supported gold’s safe-haven demand.

  • Bitcoin Prices Fall as India Considers 18% Crypto Tax
    Investing.com9 hours ago

    Bitcoin Prices Fall as India Considers 18% Crypto Tax

    Investing.com – Bitcoin prices fell on Thursday amid reports that India is proposing a crypto tax in the form of the Goods and Services Tax (GST).

  • USD/JPY Fundamental Daily Forecast – Pressured by Dovish Fed Minutes, New Trade War Talk
    FX Empire9 hours ago

    USD/JPY Fundamental Daily Forecast – Pressured by Dovish Fed Minutes, New Trade War Talk

    Talk that U.S. President Donald Trump proposed looking into imposing new tariffs on imported cars is also pressuring the U.S. Dollar early Thursday.

  • USDCAD Tumbles Down Post Dovish Crude Oil Inventory Update
    FX Empire10 hours ago

    USDCAD Tumbles Down Post Dovish Crude Oil Inventory Update

    The USDCAD is getting pushed around by the fluctuations in the strength of the dollar and oil

  • AUD/USD and NZD/USD Fundamental Daily Forecast – Lower Treasury Yields Will Be Supportive
    FX Empire10 hours ago

    AUD/USD and NZD/USD Fundamental Daily Forecast – Lower Treasury Yields Will Be Supportive

    The Fed’s soft tone in its minutes could continue to underpin the AUD/USD and NZD/USD on Thursday. The minutes sent a clear message to investors that the Fed won’t be too aggressive on any uptick in inflation beyond the 2 percent level. This essentially means that the Fed will stick with its plan for at least two more times in 2018 and its strategy of raising interest rates gradually.

  • GBPUSD Hits 5 Month Low Post Bearish Inflation Data
    FX Empire10 hours ago

    GBPUSD Hits 5 Month Low Post Bearish Inflation Data

    The GBPUSD is under pressure from dollar strength and pound weakness

  • EURUSD Hits New Lows Post Bearish Eurozone PMI Data
    FX Empire10 hours ago

    EURUSD Hits New Lows Post Bearish Eurozone PMI Data

    The pair continues to move lower on bad data

  • UK Retail Sales, Carney and ECB Minutes Put the GBP and EUR in Focus
    FX Empire12 hours ago

    UK Retail Sales, Carney and ECB Minutes Put the GBP and EUR in Focus

    The FOMC minutes may have eased demand for the Dollar, but with UK retail sales figures, Carney and the ECB’s monetary policy minutes in focus today, it could all swing back in the Dollar’s favor.

  • Gold markets have been very noisy during Wednesday
    FX Empire12 hours ago

    Gold markets have been very noisy during Wednesday

    Gold markets have gone back and forth during the trading session on Wednesday, as we have bounced to and fro, using the $1300 level as resistance. The Gold markets will continue to struggle under the strengthening US dollar, and of course the geopolitical concerns.