• Bitcoin adds 4% as BlackRock reportedly mulling crypto venture
    MarketWatch20 minutes ago

    Bitcoin adds 4% as BlackRock reportedly mulling crypto venture

    Bitcoin has begun the week on the front foot, climbing as much as 4% after reports hit saying the world’s largest asset manager is considering a push into the digital currency market.

  • Stocks- U.S. Futures Flat as Investors Look to Earnings
    Investing.com1 hour ago

    Stocks- U.S. Futures Flat as Investors Look to Earnings

    Investing.com – U.S. futures were flat as investors turn their focus to corporate earnings.The S&P 500 futures fell half a point or 0.02% to 2,802.75 as of 6:49 AM ET (10:49 GMT) while Dow futures increased eight points or 0.03% to 25,012.0. Meanwhile tech heavy Nasdaq 100 futures gained six points or 0.08% to 7,399.25.U.S. President Donald Trump wraps up his European tour on Monday with a one-on-one meeting with Russian President Vladimir Putin in Helsinki. ...

  • Dollar Slips Lower, Euro Pushes Up to Day’s Highs
    Investing.com1 hour ago

    Dollar Slips Lower, Euro Pushes Up to Day’s Highs

    Investing.com - The dollar slipped lower against a currency basket on Monday, having posted its largest weekly gain in a month last week as investors turned their attention to U.S. retail sales figures for June later in the session.

  • Dollar Hovering Near 6-Month Highs as Trade Concerns Linger
    Investing.com4 hours ago

    Dollar Hovering Near 6-Month Highs as Trade Concerns Linger

    Investing.com - The dollar was holding steady not far from six-month highs against a basket of the other major currencies on Monday as trade concerns remained in focus following the release of soft Chinese growth data.

  • Dollar wavers as investors brace for Trump-Putin summit
    MarketWatch5 hours ago

    Dollar wavers as investors brace for Trump-Putin summit

    The dollar moved slightly lower against other major currencies in choppy action on Monday, as traders erred on the side of caution ahead of a closely watched summit between U.S. President Donald Trump and Russian President Vladimir Putin.

  • EUR/USD Mid-Session Technical Analysis for July 16, 2018
    FX Empire5 hours ago

    EUR/USD Mid-Session Technical Analysis for July 16, 2018

    Based on the early trade, the direction of the EUR/USD the rest of the session is likely to be determined by trader reaction to the support cluster at 1.1679 to 1.1680. This is being formed by a combination of an uptrending Gann angle and a 50% level. The single-currency is following through to the upside, following Friday’s closing price reversal bottom and subsequent confirmation earlier today. This could trigger a minimum 2 to 3 day rally.

  • FTSE 100 heads toward first fall in 3 sessions as miners decline
    MarketWatch6 hours ago

    FTSE 100 heads toward first fall in 3 sessions as miners decline

    U.K. stocks tilted lower Monday, with mining shares struggling after data showed economic growth slowed modestly in China, putting the London benchmark at risk for its first loss in three sessions.

  • Gold Gains as Dollar Slips Ahead of Trump-Putin Meeting
    Investing.com6 hours ago

    Gold Gains as Dollar Slips Ahead of Trump-Putin Meeting

    Investing.com - Gold price bounced back on Monday after dipping to a near 2018 low last week as the dollar slipped ahead of the first official dialogue between U.S. President Donald Trump and Russian President Vladimir Putin summit in Helsinki later in the day. 

  • Australian Dollar Falls after Weak China Data
    Investing.com7 hours ago

    Australian Dollar Falls after Weak China Data

    Investing.com – The Australian Dollar depreciated against the dollar following the release of a slew of China data on Monday.

  • Gold Moves up from 7 Month Low But Risk for Decline Continues to Exist
    FX Empire7 hours ago

    Gold Moves up from 7 Month Low But Risk for Decline Continues to Exist

    Gold prices nudged higher in early trade on Monday amid a softer U.S. dollar and slightly weaker Asian shares, after sliding to their lowest in seven months in the previous session.

  • Gold Price Futures (GC) Technical Analysis – July 16, 2018 Forecast
    FX Empire7 hours ago

    Gold Price Futures (GC) Technical Analysis – July 16, 2018 Forecast

    Based on the early trade, the direction of the August Comex Gold market today is likely to be determined by trader reaction to the steep downtrending Gann angle at $1246.90. Holding inside Friday’s range of $1236.20 to $1248.50 will indicate investor indecision and impending volatility. Look for the price action in the dollar to control the movement in gold futures today.

  • Commodities Daily Forecast – July 16, 2018
    FX Empire8 hours ago

    Commodities Daily Forecast – July 16, 2018

    The gold market continued to remain noisy in the Friday’s session drifting down towards the $1237 level before bouncing a bit. In an alternate scenario, the market needs to break above the $1250 level, to reverse the downtrend. The market has experienced this support level for the couple of times in the last few sessions and if it breaks from here, then the next major support will be at $15.50 level.

  • AUD/USD Forex Technical Analysis – July 16, 2018 Forecast
    FX Empire8 hours ago

    AUD/USD Forex Technical Analysis – July 16, 2018 Forecast

    Based on the early trade, the direction of the AUD/USD the rest of the session is likely to be determined by trader reaction to the short-term 50% level at .7422. The main trend is down according to the daily swing chart. However, momentum shifted to the upside with the formation of the secondary higher bottom on July 12. The main trend will change to up on a trade through .7484. A trade through .7360 will signal a resumption of the downtrend.

  • Forex Daily Outlook – July 16, 2018
    FX Empire8 hours ago

    Forex Daily Outlook – July 16, 2018

    The market continued to move lower during the Wednesday’s session reaching down towards the 1.16 level but managed to bounce a little as it witnessed some buying interest around the area. If the market further breaks from here, the next major support will be at 1.15 level. There are a lot of political developments coming out of Europe and also the trade wars are building pressure on the market and hammering the Euro. A break above 1.17 level could bring some amount of stability to the market. …Read MoreGBP/USD

  • New Zealand Dollar Slightly Higher as Inflation Expected to Remain Steady
    FX Empire8 hours ago

    New Zealand Dollar Slightly Higher as Inflation Expected to Remain Steady

    New Zealand will be releasing its quarterly CPI later tonight. Forecasts point to a 0.5% increase in inflation during the second quarter. The New Zealand Dollar gained 0.07% on Monday morning, trading at 0.6772.

  • Bitcoin Rises; South Korea’s Bithumb to Expand into Japan, Thailand
    Investing.com8 hours ago

    Bitcoin Rises; South Korea’s Bithumb to Expand into Japan, Thailand

    Investing.com – Bitcoin and other major cryptocurrencies rose on Monday, while reports that South Korea's second largest crypto exchange Bithumb is expanding into Japan and Thailand raised some eyebrows.

  • GBP/USD Daily Price Forecast – GBP/USD Continues Upward Movement despite Brexit Woes
    FX Empire8 hours ago

    GBP/USD Daily Price Forecast – GBP/USD Continues Upward Movement despite Brexit Woes

    The pair has been pretty buoyant which is a surprise considering the fact that the Brexit process is not going exactly to plan

  • EUR/USD Daily Price Forecast – EUR/USD Moves Upward Despite ECB Jens Weidmann’s Dovish Comment
    FX Empire8 hours ago

    EUR/USD Daily Price Forecast – EUR/USD Moves Upward Despite ECB Jens Weidmann’s Dovish Comment

    The euro continues to trade in a range with the region around 1.16 providing some strong support over the last couple of weeks which has helped it to keep afloat

  • Price of Gold Fundamental Daily Forecast – Focus on Gold’s Relationship with the Dollar Today
    FX Empire10 hours ago

    Price of Gold Fundamental Daily Forecast – Focus on Gold’s Relationship with the Dollar Today

    If you’re serious about trading the gold market at this time, you have to block out the noise and focus on the price action of the markets that matter. The biggest influences on gold this year have been the U.S. Dollar, interest rates and appetite for risky assets. Geopolitical turmoil has not been a factor.

  • Trump and U.S Retail Sales Puts the USD in the Spotlight
    FX Empire12 hours ago

    Trump and U.S Retail Sales Puts the USD in the Spotlight

    Softer economic growth in China weighed on risk appetite early in the day, with the U.S – Russia Summit, trade tariff chatter and U.S retail sales figures in focus through the day.

  • AUD/USD and NZD/USD Fundamental Daily Forecast – Trading Slightly Better Ahead of Slew of Chinese Economic Data
    FX Empire13 hours ago

    AUD/USD and NZD/USD Fundamental Daily Forecast – Trading Slightly Better Ahead of Slew of Chinese Economic Data

    Look for the return of volatility at 0200 GMT when China releases its economic reports. GDP is expected to come in at 6.7%, down slightly from 6.8%. Fixed Asset Investment is expected to come in at 6.0%, down slightly from 6.1%. Industrial Production is estimated to have risen 6.5%, down from 6.8%. Retail Sales are expected to come in at 8.8%, up from 8.5%. Last month’s Unemployment Rate was 4.8%.

  • USD/JPY Fundamental Daily Forecast – U.S. Retail Sales Expected to Rise 0.4%
    FX Empire14 hours ago

    USD/JPY Fundamental Daily Forecast – U.S. Retail Sales Expected to Rise 0.4%

    On Monday, the USD/JPY is going to continue to be sensitive to U.S. Treasury yields and appetite for risk. The Forex pair could continue to climb if tensions rise due to increasing concerns over the trade dispute between the United States and China. This is because investors are treating the dollar like a safe haven asset. Trading is light early Monday because of a bank holiday in Japan. At 1230 GMT, the U.S. is scheduled to release reports on Core Retail Sales, Retail Sales and Empire State Manufacturing Index. At 1400 GMT, Look for a report on Business Inventories.

  • AUD/USD Forex Technical Analysis – Short-Term Bullish Over .7470, Bearish Under .7437
    FX Empire19 hours ago

    AUD/USD Forex Technical Analysis – Short-Term Bullish Over .7470, Bearish Under .7437

    Based on last week’s price action and the close at .7425, the direction of the AUD/USD this week is likely to be determined by trader reaction to a downtrending Gann angle at .7437. Keep in mind that we are looking a weekly, short-term, counter-trend moves here. The longer-term trend is down and likely remain down due to the divergence in monetary policy between the Fed and the RBA. If you don’t want to play a counter-trend rally then use the upside targets to initiate new short positions if tested.  

  • EUR/USD Forex Technical Analysis – Bullish Over 1.1680, Bearish Under 1.1675
    FX Empire19 hours ago

    EUR/USD Forex Technical Analysis – Bullish Over 1.1680, Bearish Under 1.1675

    Based on last week’s close at 1.1687, the direction of the EUR/USD this week is likely to be determined by investor reaction to the pivot at 1.1680. The most important area to watch this week is the 50%/Gann angle combination at 1.1680 to 1.1675. Basically, look for an upside bias to develop on a sustained move over 1.1680 and for a downside bias to develop on a sustained move under 1.1675.

  • The dollar rally has 'a little bit more to run': Strategi...
    CNBC Videos12 hours ago

    The dollar rally has 'a little bit more to run': Strategi...

    Sim Moh Siong of Bank of Singapore explains why the dollar could be "hitting peak policy divergence."