• Investing.com7 hours ago

    Gold Prices Set to Snap 4-Day Losing Streak as Dollar Rally Cools

    Investing.com – Gold prices were on track to snap a four-day losing streak after the rally in U.S. treasury yields paused, weighing on the dollar which eased from two-month highs.

  • Investing.com8 hours ago

    Dollar Turns Negative as 10-Year Bond Yield Retreats Below 3%

    Investing.com – The dollar eased from two-month highs against a basket of major currencies as U.S. bond yields retreated from multi-year highs but sentiment on the greenback remained positive amid upbeat economic data.

  • Gold Prices Rebounded Back to Breakdown Zone
    FX Empire9 hours ago

    Gold Prices Rebounded Back to Breakdown Zone

    Gold prices rebounded on Tuesday attempting to recapture resistance which is former support near an upward sloping trend line that comes in near 1,332. Target support is seen near the April lows at 1,320. Momentum on gold prices is negative as the MACD (moving average convergence divergence) histogram prints in the red with a downward sloping trajectory which points to lower prices.

  • The EUR/USD Rebounds back to Resistance but Soft a German Zew Caps the Upside in the Currency Pair
    FX Empire10 hours ago

    The EUR/USD Rebounds back to Resistance but Soft a German Zew Caps the Upside in the Currency Pair

    The ECB lending survey showed easier lending conditions while the German IFO tumbled in April. French business confidence declined while the ECB’s Villeroy told banks to prepare for a recession. Target support is now seen near the March lows at 1.2154.  Momentum is negative as the MACD (moving average convergence divergence) histogram prints near the zero index level with a flat trajectory which points to consolidation.

  • Stocks- Wall Street Rises as Investors Shrug Off Bond Yield Worry
    Investing.com11 hours ago

    Stocks- Wall Street Rises as Investors Shrug Off Bond Yield Worry

    Investing.com - Wall Street was higher on Tuesday, despite rising bond yields, as investors look to corporate earnings releases.The S&P 500 was up over 10 points or 0.41% to 2,681.22 as of 9:45 AM ET (13:45 GMT) while the Dow composite increased 96 points or 0.40% to 24,545.59 and tech heavy NASDAQ Composite rose 32 points or 0.46% to 7,161.55.Investors have shrugged off worry over rising bond yields, with the 10-Year note reaching its highest level in four years, as inflation has added to expectations of continued rate hikes from the Federal Reserve. ...

  • Bitcoin Nears One Month High
    Investing.com12 hours ago

    Bitcoin Nears One Month High

    Interest in cryptocurrencies has increased after the price skyrocketed to $20,000 in December. Some banks are exploring client interest in the virtual coins and a few hedge funds have already started trading the digital currencies.

  • MarketWatch12 hours ago

    4 scenarios for the ECB meeting on Thursday in one 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 ...

  • Dollar Pauses as Boost from Treasury Yield Fades
    Investing.com13 hours ago

    Dollar Pauses as Boost from Treasury Yield Fades

    Investing.com - The dollar took a breather on Tuesday after rising to seven week highs against a basket of the other major currencies, as a boost from rising Treasury yields faded.

  • Stocks- U.S. Futures Point to Higher Opening Bell
    Investing.com14 hours ago

    Stocks- U.S. Futures Point to Higher Opening Bell

    Investing.com – Wall Street was set to rebound on Tuesday, as investors looked ahead to the latest flurry of corporate earnings and bond yields eased.The S&P 500 futures was up 15 and a half points or 0.58% to 2,686.75 as of 6:47 AM ET (10:47 GMT) while Dow futures increased 138 points or 0.57% to 24,552.0. Meanwhile tech heavy Nasdaq 100 futures rose 45 points or 0.67% to 6,712.0.U.S. stocks were lower on Monday after a decline in technology shares and concern about increasing bond yields. ...

  • MarketWatch14 hours ago

    Mexican peso jumps on 75% chance to reach Nafta deal shortly

    The Mexican peso rallied versus the U.S. dollar on Tuesday, after Moises Kalach, head of trade for Mexican national business chamber CCE, said there was a 75% chance an agreement on the North American Free Trade Agreement would be reached in the next 10 days. Kalach's remarks, according to news reports, came after multiple officials from Nafta member countries, including President Donald Trump, indicated a potential agreement in principal could be reached in May. Nevertheless, the dollar slumped versus the Mexican currency in response to the news, last buying 18.7897 pesos, down versus 18.9407 pesos late Monday in New York.

  • EUR/USD Mid-Session Technical Analysis for April 24, 2018
    FX Empire15 hours ago

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

    Based on the early price action, the direction of the EUR/USD the rest of the session is likely to be determined by trader reaction to a pair of Gann angles at 1.2213 and 1.2201.

  • Gold Price Futures (GC) Technical Analysis – April 24, 2018 Forecast
    FX Empire16 hours ago

    Gold Price Futures (GC) Technical Analysis – April 24, 2018 Forecast

    Based on the early trade and the last price at $1327.60, the direction of the gold market today is likely to be determined by trader reaction to yesterday’s close at $1324.00.

  • 10-Year U.S Treasury Yields are Nearly 3%, US Futures Point Higher on Strong Earnings Reports
    FX Empire16 hours ago

    10-Year U.S Treasury Yields are Nearly 3%, US Futures Point Higher on Strong Earnings Reports

    The U.S Dollar has been strong as 10-year Treasuries in the States have climbed towards a 3% yield.

  • Gold Prices Pull Back From 2-Week Lows, Stronger Dollar Weighs
    Investing.com17 hours ago

    Gold Prices Pull Back From 2-Week Lows, Stronger Dollar Weighs

    Investing.com - Gold prices pulled away from two-week lows on Tuesday, but struggled to make headway as a stronger dollar continued to weigh on demand for bullion.

  • Technical Update For EUR/USD, GBP/USD, USD/JPY & NZD/USD: 24.04.2018
    FX Empire17 hours ago

    Technical Update For EUR/USD, GBP/USD, USD/JPY & NZD/USD: 24.04.2018

    Even after printing the lowest levels in more than seven-weeks, the EURUSD is struggling with 100-day SMA, at 1.2210 now, in order to revisit the 1.2165-55 horizontal-support. Should the pair fails to register a daily closing below 1.2210, it can bounce-back to the 1.2240 and then to the 1.2275-80 resistances. In case if the recovery stretches beyond 1.2280, the 1.2300 and the 50-day SMA level of 1.2330 could challenge the buyers ahead of fueling the pair towards 1.2400 mark. Given the pair’s D1 close below 1.2210, followed by the 1.2155 clearance, it can slump to the 1.2090 and the 1. ...

  • Dollar near 7 Week Highs Boosted by Treasury Yields
    Investing.com18 hours ago

    Dollar near 7 Week Highs Boosted by Treasury Yields

    Investing.com - The dollar was holding steady near seven week highs against a basket of the other major currencies on Tuesday, boosted by rising Treasury yields.

  • USDCAD May Fluctuate on BOC Governor’s Speech
    FX Empire19 hours ago

    USDCAD May Fluctuate on BOC Governor’s Speech

    The USDCAD is in a choppy zone right now

  • Reuters19 hours ago

    French industry morale edges lower in April, euro weighs

    French industrial morale dipped in April, reflecting concerns elsewhere in the euro zone that growth in the bloc is weakening as the impact of a stronger currency starts to bite. "There's definitely a slowdown, and the euro is not helping. The European Central Bank is stuck in a corner.

  • Price of Gold Fundamental Daily Forecast – Friday’s GDP Report Likely to Determine Next Major Move
    FX Empire19 hours ago

    Price of Gold Fundamental Daily Forecast – Friday’s GDP Report Likely to Determine Next Major Move

    Gold futures are rebounding early Tuesday, mostly due to oversold technical conditions. The move we are seeing is likely a combination of profit-taking, short-covering and aggressive counter-trend buying. However, gains are likely being limited by a stronger U.S. Dollar and rising Treasury yields.

  • MarketWatch20 hours ago

    What recent CFTC data mean for dollar bulls

    U.S. dollar bulls feel vindicated by the recent jump in the greenback, but currency positioning data from last week, which showed growing bearish dollar bets, perhaps, raising concerns for some about the ...

  • Cryptocurrency Prices Rise; Malta Supports Digital Coins
    Investing.com20 hours ago

    Cryptocurrency Prices Rise; Malta Supports Digital Coins

    Investing.com – Cryptocurrency prices gained on Thursday. Reports that Malta was supportive of the digital coins gained attention. Meanwhile, India is uncertain whether the country will ban cryptocurrencies.

  • Global Stocks Edge Higher, U.S Dollar Surging as Bond Yields Climb
    FX Empire20 hours ago

    Global Stocks Edge Higher, U.S Dollar Surging as Bond Yields Climb

    The U.S Dollar has remained a huge talking point as it builds momentum in forex as bond yields increase in the States.

  • How Could Ecofin Meetings Affect the Euro?
    FX Empire20 hours ago

    How Could Ecofin Meetings Affect the Euro?

    The Ecofin meetings are a major event in the EU, with leaders from all member states attending each time that they are held. How could the meeting affect the euro?

  • Daily Market Forecast – US Dollar and Crude Oil Rise
    FX Empire20 hours ago

    Daily Market Forecast – US Dollar and Crude Oil Rise

    The U.S Dollar has remained robust as it has gained against nearly every major currency. Gold has faltered and is above an important support level, which traders may attempt to challenge. U.S Crude Oil is approaching values not seen since late in 2014.

  • Gold Prices Gain As Dollar Loses Momentum
    Investing.com21 hours ago

    Gold Prices Gain As Dollar Loses Momentum

    Investing.com - Gold prices rose on Tuesday morning as the dollar slightly dropped despite higher 10-year U.S. treasury yields.