• Reuters50 minutes 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.

  • MarketWatch2 hours ago

    FTSE 100 looks for 6th win as oil shares rise, pound falls

    U.K. stocks rose on Tuesday, as persistent weakness in the pound helped push the blue-chips market toward a sixth consecutive advance.

  • MarketWatch2 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.com2 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.

  • Gold Prices Gain As Dollar Loses Momentum
    Investing.com3 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.

  • Dollar Advances As U.S. Treasury Yields Reach New High
    Investing.com3 hours ago

    Dollar Advances As U.S. Treasury Yields Reach New High

    Investing.com - The dollar continued to rally on Tuesday morning in Asia along with the higher yields on U.S. Treasuries that hit a four-year high, and the rally in the dollar weighed down the yen. Meanwhile, eyes were on the Aussie in the morning as Australia released some lacklustre CPI data.

  • Asian Equities Rise; Tech Stocks Remain Under Pressure
    Investing.com5 hours ago

    Asian Equities Rise; Tech Stocks Remain Under Pressure

    Investing.com - Asian equities moved broadly higher at the opening Tuesday, although with some caution.

  • EUR/USD Forex Technical Analysis – Getting Close to 1.2166 to 1.2136 Support Zone; Could See Some Short-Covering
    FX Empire5 hours ago

    EUR/USD Forex Technical Analysis – Getting Close to 1.2166 to 1.2136 Support Zone; Could See Some Short-Covering

    Based on Monday’s close at 1.2207, the direction of the EUR/USD on Tuesday is likely to be determined by trader reaction to the major 50% level at 1.2166.

  • U.S. Dollar Index Climbs to Four-Month High
    FX Empire6 hours ago

    U.S. Dollar Index Climbs to Four-Month High

    Fear of accelerating inflation, rising commodity prices and worries about the growing supply of government debt helped drive the 10-year yield to 2.998 on Monday.

  • Soft Patch Over? Treasury Yields Give the USD Bulls Hope
    FX Empire6 hours ago

    Soft Patch Over? Treasury Yields Give the USD Bulls Hope

    It’s been risk on this morning, with the markets accepting rising Treasury yields, as economic data at the start of the week suggest that a soft patch in the 1st quarter may have come to an end.

  • Day Ahead: Top 3 Things to Watch
    Investing.com10 hours ago

    Day Ahead: Top 3 Things to Watch

    Investing.com - Here’s a preview of the top 3 things that could rock markets tomorrow

  • AUD/USD Forex Technical Analysis – Are We Headed to Another Test of .7501?
    FX Empire12 hours ago

    AUD/USD Forex Technical Analysis – Are We Headed to Another Test of .7501?

    Based on last week’s close at .7669, and the price action the previous three weeks, the direction of the AUD/USD this week is likely to be determined by trader reaction to the short-term Fibonacci level at .7743.

  • Investing.com13 hours ago

    Gold prices Tumble 1% as Dollar, Yields Jump

    Investing.com – Gold prices tumbled pressured by easing geopolitical tensions and continued dollar strength on the back of the rising US bond yields.

  • Investing.com13 hours ago

    Dollar Hits 8-Week High as 10Y Yield Nears 3%; Yen, Aussie Dollar Slumps

    Investing.com – The dollar rose to an eight-week high against a basket of currencies amid a slump in both the yen and Aussie dollar, while a rise in the 10-year U.S. treasury yield close an important 3% level also lifted sentiment.

  • MarketWatch14 hours ago

    Dollar rises to 3-month high as 10-year yield flirts with 3%

    The greenback rallied on Monday, notably against the yen, with a key dollar index ascending to a three-month high as a U.S. benchmark Treasury yield was on the cusp of breaking above a psychologically significant level at 3%. The ICE U.S. Dollar Index (IFUS:DX-Y.NYB), which gauges the buck against a basket of six currencies, climbed 0.7% to 90.927, trading around its highest level since mid-January and adding to its positive momentum from late last week. The WSJ U.S. Dollar Index (CALCULATED:BUXX), which measures the greenback against a wider basket of currencies, rose 0.7% to 84.97.

  • Gold Breaks Through Support and Stabilizes Near April Lows
    FX Empire15 hours ago

    Gold Breaks Through Support and Stabilizes Near April Lows

    Gold prices tumbled as the dollar gained traction following a boosted in U.S. treasury yields up to 3%.  Since gold prices are quoted in dollars, a stronger dollar is generally negative for yellow metal prices.  Prices broke down through trend line support but stabilized above the April lows at 1,320.  Resistance is seen near the upward sloping trend line that was prior support near 1,331. Momentum has turned negative as the MACD (moving average convergence divergence) histogram generated a crossover sell signal.

  • The EUR/USD Breaks Down as Momentum Turns Negative
    FX Empire15 hours ago

    The EUR/USD Breaks Down as Momentum Turns Negative

    The EUR/USD broke down on Monday as U.S. treasury yields hit the 3% level sending the greenback higher.  Treasury yields have tested this level in the past, and despite a hawkish fed there has been little in the way of inflation that should send yields higher. Resistance is now seen near the breakdown level at 1.2245 and then the 10-day moving average at 1.2334.  Momentum has turned negative as the MACD (moving average convergence divergence) index generated a crossover sell signal. This occurs as the MACD line (the 12-day moving average minus the 26-day moving average) crosses below the MACD signal line (the 9-day moving average of the MACD line).

  • Gold Falls as U.S. Dollar, Yields Rise
    Investing.com16 hours ago

    Gold Falls as U.S. Dollar, Yields Rise

    Gold was lower on Monday, weighed down by a strengthening U.S. dollar and a rise in U.S. Treasury yields. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, rose 0.51% to 90.54 as of 10:57 AM ET (14:57 GMT). Gold is denominated in the U.S. currency and becomes more expensive for holders of other currencies when the dollar rises.

  • Dollar Posts Broad Gains, Hits 7-Week Highs
    Investing.com17 hours ago

    Dollar Posts Broad Gains, Hits 7-Week Highs

    Investing.com - The dollar posted broad gains against a basket of the other major currencies on Monday, hitting seven week highs, boosted by rising U.S. bond yields.

  • Stocks- Wall Street Rises as Investors Shrug Off Bond Yield Worry
    Investing.com17 hours ago

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

    Investing.com – Wall Street was higher on Monday, as investors shake off bond worries and looked ahead to earnings.The S&P 500 was up over four points or 0.16% to 2,674.38 as of 9:37 AM ET (13:37 GMT) while the Dow composite increased 47points or 0.19% to 24,510.0 and tech heavy NASDAQ Composite rose nearly 31 points or 0.29% to 7,167.04.Bond yields have risen to their highest levels in four years, as inflation has added to expectations of continued rate hikes from the Federal Reserve. ...

  • Stocks- U.S. Futures Struggle for Direction as Investors Look Ahead to Earnings
    Investing.com20 hours ago

    Stocks- U.S. Futures Struggle for Direction as Investors Look Ahead to Earnings

    Investing.com – U.S. futures pointed to a slightly lower opening bell on Monday, as bond yields rose and investors waited for earnings results from top technology firms.The S&P 500 futures was up over half a point or 0.03% to 2,672.25 as of 6:47 AM ET (10:47 GMT) while Dow futures was flat at 24,432.0. Meanwhile tech heavy Nasdaq 100 futures rose over four and a half points or 0.07% to 6,681.0.Bond yields have risen to their highest levels in four years, as inflation has added to expectations of continued rate hikes from the Federal Reserve. ...

  • Dollar Extends Gains, Hits 1-1/2 Month Highs
    Investing.com21 hours ago

    Dollar Extends Gains, Hits 1-1/2 Month Highs

    Investing.com - The dollar extended early gains against a currency basket on Monday, rising to one-and-a-half month highs, driven up by a rise in U.S. bond yields, while mixed euro zone private sector survey data failed to support the euro.

  • Where Does Gold Go Now?
    FX Empire22 hours ago

    Where Does Gold Go Now?

    Gold has been very quiet over the last couple of months. Since hitting $1,300 during Christmas week, it has been confined to a narrow range of around $1,305 to $1,352. Can it be the beginning of a downtrend?

  • Gold Prices Slide to 2-Week Lows as Stronger Dollar Weighs
    Investing.com22 hours ago

    Gold Prices Slide to 2-Week Lows as Stronger Dollar Weighs

    Investing.com - Gold prices fell to their lowest levels in two weeks on Monday as a stronger dollar and renewed risk appetite dampened demand for the precious metal.

  • Speculators Eyeing Downside Action for Gold
    FX Empire23 hours ago

    Speculators Eyeing Downside Action for Gold

    Gold has come under additional pressure early this morning. The precious metal stumbled late last week as the U.S Dollar mounted gains in forex.