• Investing.com5 hours ago

    Top 5 Things to Know in the Market on Thursday

    Investing.com - Here are the top five things you need to know in financial markets on Thursday, June 20:

  • US Stock Traders Cautious Since July Rate Cut is Still Data Dependent
    FX Empire5 hours ago

    US Stock Traders Cautious Since July Rate Cut is Still Data Dependent

    This is not a panic situation so the Fed’s decision will still be data dependent. If labor market, manufacturing and inflation data continue to come in weak, then they’ll cut in July. If it stays steady or improves, then they won’t. That’s the risk of being “all in” at current price levels.

  • Spot Gold Spikes to 6-Year High on Prospect of Lower US Interest Rates
    FX Empire7 hours ago

    Spot Gold Spikes to 6-Year High on Prospect of Lower US Interest Rates

    The U.S. Dollar plunged against a basket of currencies, helping to drive up demand for the dollar-denominated asset. Meanwhile, 10-year U.S. Treasury yields hit their lowest level in nearly two years as investors increased bets on a Fed rate cut in July. U.S. West Texas Intermediate and international-benchmark Brent crude oil prices are trading higher early Thursday after a lack luster performance the previous session. Natural gas futures plunged on Wednesday to a multi-year low as weather models remained somewhat bearish and relatively cheap prices failed to attract enough major buyers to stop the price slide.

  • Retail Sales, the Leadership Race and the BoE Put the GBP in the Spotlight
    FX Empire7 hours ago

    Retail Sales, the Leadership Race and the BoE Put the GBP in the Spotlight

    Will the BoE continue to talk of the need to hike rates at an aggressive pace or has the economic data and shift in policy elsewhere caused a reevaluation…

  • Investing.com10 hours ago

    Gold Jumps as Fed Keeps Door Open for Rate Cut

    Investing.com - Gold prices jumped on Thursday in Asia after the U.S. Federal Reserve kept the door open for an interest rate cut later this year.

  • Investing.com11 hours ago

    U.S. Dollar Falls After Fed Decision; BOJ Holds

    Investing.com - The U.S. dollar fell to three month lows against a currency basket on Thursday in Asia after the Federal Reserve signalled it was prepared to lower interest rates amid mounting concerns over the global growth outlook.

  • Gold Price Prediction – Gold Breaks Out Following Decision
    FX Empire13 hours ago

    Gold Price Prediction – Gold Breaks Out Following Decision

    Gold rises as the dollar eases

  • Forex Daily Recap – USD Index Slipped -0.57% over Unchanged Fed Interest Rates
    FX Empire16 hours ago

    Forex Daily Recap – USD Index Slipped -0.57% over Unchanged Fed Interest Rates

    The German PPI reported -0.1% over 0.2% forecast, lowering investor interest. Following some astounding reports, the GBP/USD pair skyrocketed 0.73% touching 1.2636 marks.

  • Gold Price Forecast – Gold markets continue to pressure higher
    FX Empire17 hours ago

    Gold Price Forecast – Gold markets continue to pressure higher

    The Gold markets fell a bit during trading on Wednesday as participants try to get out of the market ahead of the Federal Reserve. After all, we have rallied quite significantly and you never know what the Federal Reserve will end up doing.

  • USD/JPY Price Forecast – US dollar choppy against yen
    FX Empire17 hours ago

    USD/JPY Price Forecast – US dollar choppy against yen

    The US dollar has been very choppy against the Japanese yen as you would expect, heading into the Federal Reserve meeting. The question now is whether or not we get enough of a “risk on” situation to warrant higher prices.

  • GBP/USD Price Forecast – British pound shows strength
    FX Empire17 hours ago

    GBP/USD Price Forecast – British pound shows strength

    The British pound rallied significantly during the trading session on Wednesday as we awaited the Federal Reserve statement, so therefore it looks as if the market is banking on some type of diabetes when it comes to that announcement.

  • GBP/JPY Price Forecast – British pound showing signs of life
    FX Empire17 hours ago

    GBP/JPY Price Forecast – British pound showing signs of life

    The British pound initially fell during the trading session on Wednesday but turned around to show signs of life again as we have gotten a bit oversold. Ultimately, this is a market that does tend to move with risk appetite so it could be a volatile next couple of days.

  • EUR/USD Price Forecast – Euro waiting for Fed
    FX Empire18 hours ago

    EUR/USD Price Forecast – Euro waiting for Fed

    The Euro has done very little during trading on Wednesday as we continue to hover around the 1.12 handle. Because of this, the market looks very likely to favor a lot of back and forth until we get that announcement.

  • AUD/USD Price Forecast – Australian dollar soft on Wednesday
    FX Empire18 hours ago

    AUD/USD Price Forecast – Australian dollar soft on Wednesday

    The Australian dollar was a bit soft on Wednesday as we continue to consolidate overall. However, this is a market that I believe will continue to show a lot of noise, as the Aussie dollar is highly influenced by what happens with the US/China trade talks.

  • Gold Price Futures (GC) Technical Analysis – June 19, 2019 Forecast
    FX Empire19 hours ago

    Gold Price Futures (GC) Technical Analysis – June 19, 2019 Forecast

    Based on the early price action, the direction of the August Comex gold futures contract is likely to be determined by trader reaction to the 50% level at $1349.40 and the short-term uptrending Gann angle at $1347.60.

  • Investing.com19 hours ago

    Oil Dips as Trade War Fears Pip U.S. Crude Draw, Potential Rate Cut

    By Barani Krishnan

  • Dollar Resilience Being Tested in Lead Up to Fed Decision
    FX Empire19 hours ago

    Dollar Resilience Being Tested in Lead Up to Fed Decision

    The Dollar index appears to be carving a path back down towards the psychological 97 handles, having been in a holding pattern in the hours leading up to the Federal Reserve’s policy announcement.

  • Investing.com19 hours ago

    Gold up in Post-Settlement Trade as Fed Leaves Rate Cut Hopes Alive

    Investing.com - Gold rallied in Wednesday’s post-settlement trading after the Federal Reserve kept the door open for an interest-rate cut further down the road.

  • EUR/USD Mid-Session Technical Analysis for June 19, 2019
    FX Empire20 hours ago

    EUR/USD Mid-Session Technical Analysis for June 19, 2019

    Based on the current price action, the direction of the EUR/USD on Wednesday is likely to be determined by trader reaction to the uptrending Gann angle at 1.1202. It’s a wide range, but look for an upside bias to develop on a sustained move over the 50% level at 1.1227. Watch for a downside bias to develop on a sustained move under 1.1185.

  • Gold Sideways Ahead the Fed, Palladium Rallies to 1,500
    FX Empire22 hours ago

    Gold Sideways Ahead the Fed, Palladium Rallies to 1,500

    Gold, silver and other metals are trading sideways ahead of the Federal Reserve. Palladium is extending gains to 1,500.

  • MarketWatch22 hours ago

    London markets edge down ahead of ECB, Fed

    Investors see the U.S. central bank cutting its policy rate, while its European counterpart has already signalled stimulus

  • Investing.com23 hours ago

    U.S. Dollar Falls Ahead of Fed Rate Decision

    Elsewhere, the euro was stronger on the weak dollar, with EUR/USD up 0.2% to 1.1210, while sterling surged, with GBP/USD up 0.6% to 1.2626. USD/CAD fell 0.1% to 1.3357.

  • Trade Truce 2.0, or New Сurrency wars?
    FX Empireyesterday

    Trade Truce 2.0, or New Сurrency wars?

    Tensions around trade wars subsided following news reports that both the US and China leaders are set to hold an ‘extended meeting’ next week at the G20 summit in Osaka, Japan.

  • MarketWatchyesterday

    Europe markets retreat ahead of central bank meetings

    European markets did not continue the rally that began in Asian markets as investors looked to central bank meetings in Europe and the U.S. U.S. President Donald Trump gave fresh hope to investors as he announced on Twitter that he would meet Chinese President Xi Jinping at the G-20 summit next week in Osaka, Japan. Trade negotiations had been stalled since mid-May after the U.S. accused China of reneging on aspects of the deal that had already been agreed, with China firing back in state media.