• MarketWatch42 minutes ago

    European markets stage rebound after Monday malaise

    Though they didn’t erase Monday’s losses, investors piled back in amid slightly better news for Huawei

  • NZD/USD Forex Technical Analysis – May 21, 2019 Forecast
    FX Empire6 hours ago

    NZD/USD Forex Technical Analysis – May 21, 2019 Forecast

    Look for the downtrend to continue at a pace of .001 per day as long as the NZD/USD remains under this level. Crossing to the weak side of the downtrending Gann angle at .6509 will indicate the selling pressure is getting stronger. This could trigger an eventual break into .6465 and .6424.

  • Investing.com7 hours ago

    Dollar Hits 3-Week High on Huawei Relief, RBA Rate Talk

    Investing.com -- The dollar hit a fresh three-week high against its developed-market peers in early trading in Europe Tuesday, after Federal Reserve Chairman Jerome Powell indirectly argued against cutting interest rates in the near term due to the already-high level of corporate debt.

  • RBA Rate Cut Talk Pins Back the Aussie Dollar as Trade Remains in Focus
    FX Empire8 hours ago

    RBA Rate Cut Talk Pins Back the Aussie Dollar as Trade Remains in Focus

    The RBA talks of rate cuts to pin back the Aussie Dollar as trade war jitters linger. Another quiet day on the stats leaves geopolitical risk in focus.

  • Investing.com9 hours ago

    Gold Prices Slip, Stocks Rebound as Trade Tensions Ease

    Investing.com - Prices of safe-haven gold slipped on Tuesday in Asia, while stock markets rebounded as traders cheered a reprieve in U.S.-China trade tensions after Washington temporarily eased restrictions on Chinese telecommunications giant Huawei.

  • Investing.com11 hours ago

    Aussie Dollar Slips After RBA Minutes; U.S. Dollar Near Flat

    Investing.com - The Australian dollar slipped against its U.S. counterpart on Tuesday in Asia after the Reserve Bank of Australia hinted that it would consider a case for a rate cut in June.

  • Aussie dollar rallies 1% after surprise election result
    MarketWatch15 hours ago

    Aussie dollar rallies 1% after surprise election result

    The Australian dollar rallied as much as 1% on Monday after the incumbent Liberal-National government retained power in a surprise election result defeating the favored Labor party.

  • Forex Daily Recap – Investors Anxious on Chinese Retaliation Over US Blacklisting Huawei
    FX Empire16 hours ago

    Forex Daily Recap – Investors Anxious on Chinese Retaliation Over US Blacklisting Huawei

    The Safe-haven pair dropped from last week’s high amid positive Japanese data and plunging USD Index. Iran Foreign Minister commented on Trump’s tweets against Iran as “genocidal taunts”.

  • Gold Price Forecast – Gold markets stabilize for Monday
    FX Empire19 hours ago

    Gold Price Forecast – Gold markets stabilize for Monday

    The gold market stabilized a bit during the trading session on Friday, reaching towards the $1275 level Overall. There is a significant amount of support underneath so therefore it’s not a huge surprise to see that we could continue to break down after a couple of negative sessions.

  • USD/JPY Price Forecast – US dollar sideways against Japanese yen
    FX Empire19 hours ago

    USD/JPY Price Forecast – US dollar sideways against Japanese yen

    The US dollar when sideways against Japanese yen for the most part during the trading session on Monday. At this point, it looks like the market is trying to figure out what is going to do about the US/China trade situation.

  • GBP/USD Price Forecast – British pound stabilizes
    FX Empire19 hours ago

    GBP/USD Price Forecast – British pound stabilizes

    The British pound stabilized a bit during the trading session on Monday, showing signs of indecision. We are hanging just above the 1.27 level, an area that I have pointed out in the past that is relatively important.

  • GBP/JPY Price Forecast – British pound gives back gains early
    FX Empire19 hours ago

    GBP/JPY Price Forecast – British pound gives back gains early

    The British pound initially tried to rally against the Japanese yen during the trading session on Monday, but a slew of press releases from China of course has poured cold water on the rally.

  • EUR/USD Price Forecast – Euro stabilizes
    FX Empire19 hours ago

    EUR/USD Price Forecast – Euro stabilizes

    The Euro went back and forth during trading on Monday, as we continue to question global growth and the entire US/China trade situation. Overall though, I think that this sets up some choppy trading in the short term.

  • AUD/USD Price Forecast – Australian dollar gapped higher
    FX Empire19 hours ago

    AUD/USD Price Forecast – Australian dollar gapped higher

    After the conservatives held onto the PM position in Australia, the Australian dollar rallied quite significantly right at the open, gapping above to force more of a “risk on” move. This is especially impressive considering that the United States and China are chirping at each other yet again.

  • Investing.com19 hours ago

    Gold Rebounds as Wall Street Falls on Huawei, China Worries

    By Barani Krishnan

  • Gold Price Futures (GC) Technical Analysis – May 20, 2019 Forecast
    FX Empire19 hours ago

    Gold Price Futures (GC) Technical Analysis – May 20, 2019 Forecast

    Based on the early price action, the support is a price cluster at $1273.30, $1272.70 and $1272.20. A sustained move over $1273.30 will indicate the presence of buyers. If this move generates enough upside momentum then look for a test of an uptrending Gann angle at $1279.30.

  • Ryanair, trade worries sink London markets
    MarketWatch21 hours ago

    Ryanair, trade worries sink London markets

    LONDON MARKETS Ryanair’s gloomy outlook for the coming year dragged on London markets Monday and fellow airlines, while banks were also weaker. A fresh bout of trade tensions also weighed on London and European equities.

  • Trade tensions weigh on Europe with tech, apparel makers down
    MarketWatch21 hours ago

    Trade tensions weigh on Europe with tech, apparel makers down

    European stocks stumbled Monday as trade tensions kicked off the week, dragging global markets lower, with technology and apparel makers under pressure on the continent. Italy’s FTSE MIB (IT:I945) plunged 2.8% amid increased political tensions, after Deputy Prime Minister Matteo Salvini led a rally Saturday ahead of European elections, vowing to take on the region’s mainstream leaders. In Germany, the DAX (DX:DAX)(DAX) declined 1.8% to 12,013.75, adding to its woes Friday when it swooned 0.6%.

  • MarketWatch22 hours ago

    Atlanta Fed's Bostic says he's not sure the direction of the next interest-rate move

    Atlanta Fed President Raphael Bostic on Monday said he wasn't sure what direction the next interest-rate move would be, because there are risks that go in both directions. Speaking to CNBC, Bostic said trade policy uncertainty is keeping businesses on the sidelines with investment. He expects "solid growth" of 2.25%-2.5% this year but less than the 3% recorded last year. "In general, my view is as long as we don't see inflation running away, that would be the sign that our policy is basically at a neutral level. We can sustain that for a long period of time, and we don't have to move." Bostic won't have a vote on the Federal Open Market Committee until 2021.

  • Gold And Silver Consolidate Lows Amid Risk Aversion And Dollar Strength
    FX Empire22 hours ago

    Gold And Silver Consolidate Lows Amid Risk Aversion And Dollar Strength

    Gold, silver, and platinum are trading down on the day despite the risk aversion environment in the market. Dollar strength is the reason.

  • Price of Gold Fundamental Daily Forecast – Gold Traders Being Patient While Yields, Stocks, Dollar Search for Direction
    FX Empire22 hours ago

    Price of Gold Fundamental Daily Forecast – Gold Traders Being Patient While Yields, Stocks, Dollar Search for Direction

    Look for gold prices to pick up strength if the dollar, yields and stocks all weaken. If they all rise then sellers are likely to pressure gold prices. Gold is holding steady at 11:45 GMT, but should make a move once the key indicator line up in one direction. If they remain mixed, then look for the sideways trade to continue.

  • EUR/USD Mid-Session Technical Analysis for May 20, 2019
    FX Empire23 hours ago

    EUR/USD Mid-Session Technical Analysis for May 20, 2019

    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 the downtrending Gann angle at 1.1164 and the uptrending Gann angle at 1.1152.

  • USD/CAD Daily Forecast – Loonie may Correct Further as Trade Tensions Escalate
    FX Empire23 hours ago

    USD/CAD Daily Forecast – Loonie may Correct Further as Trade Tensions Escalate

    The Greenback may fall in the near term from its top levels soon as US-Sino trade talks head in the wrong direction. The Canadian economy may benefit from the recent US Aluminum-Steel tariff cuts.

  • Fundstrat's Tom Lee explains what catalysts await Bitcoin and the digital market
    Yahoo Finance Video18 hours ago

    Fundstrat's Tom Lee explains what catalysts await Bitcoin and the digital market

    Fundstrat Global Advisors Managing Partner Tom Lee joins Yahoo Finance's Julie Hyman, Adam Shapiro, Brian Sozzi, and Andy Serwer to take a look into the likelihood of "massive risk-on rally" and a trade war-sparked recession.