• Euro lifted from lows on trade talk optimism
    Reuters1 hour ago

    Euro lifted from lows on trade talk optimism

    By Tommy Wilkes LONDON (Reuters) - The euro clawed itself back over the $1.13 mark and riskier currencies like the Australian dollar rose on Monday as optimism over a breakthrough in U.S.-China trade war talks boosted investor sentiment at the start of the week. The euro has been stuck in a tight trading range since November as broadening weakness in the euro zone economy has offset a sharp dialing back in expectations for interest rate rises by the United States Federal Reserve this year. ...

  • Rupee Goes From First to Last
    Bloomberg10 minutes ago

    Rupee Goes From First to Last

    It slid to 71.515 per dollar Monday, from as strong as 69.23 in early January, and traded at 71.4450 at 3:15 p.m. in Mumbai. “The risk for the India story, which is keeping the dollar well bid vis-a-vis rupee, is higher oil, followed by Kashmir tensions and the political uncertainty,” said Ashish Vaidya, head of trading at DBS Bank Ltd. in Mumbai. Losses in Indian assets have deepened since Thursday when a suicide bomber rammed his explosive-laden vehicle into a bus ferrying security forces -- the worst attack in Kashmir in decades.

  • It’s Risk on, Dollar Off as the Markets Consider the FED’s 2019 Rate Path
    FX Empire6 hours ago

    It’s Risk on, Dollar Off as the Markets Consider the FED’s 2019 Rate Path

    Risk appetite delivers early moves across the riskier asset classes. With a light economic calendar, vehicle sales out of China will be of interest.

  • Investing.com7 hours ago

    Dollar Edges Back as Hopes for Trade Deal Rise

    Investing.com -- Foreign exchange markets got off to a slow start Monday, with trading set to remain subdued due to a sparse data calendar in Europe and public holidays in North America.

  • Investing.com8 hours ago

    Gold Price Gains, Dollar Weakens Amid Positive Trade Headlines

    Investing.com - Gold prices ticked higher while the U.S. dollar slipped on Monday in Asia, as traders digested some positive trade headlines from over the weekend.

  • Investing.com10 hours ago

    Yuan Gains, U.S. Dollar Slips on Trade Deal Prospects

    Investing.com – The Chinese yuan gained against the U.S. dollar while the greenback traded slightly lower on Monday in Asia, as the prospects of a Sino-U.S. trade deal improved investors’ appetite for riskier assets.

  • Price of Gold Fundamental Weekly Forecast – Dollar Takes Backseat as Euro Takes Control of Price Action
    FX Empire22 hours ago

    Price of Gold Fundamental Weekly Forecast – Dollar Takes Backseat as Euro Takes Control of Price Action

    The evidence is in and we have to conclude that gold isn’t breaking sharply because the U.S. Dollar is not that strong. Therefore, demand for dollar-denominated gold should not be dropping as one may think. The data clearly shows that as a gold trader, you shouldn’t be worried about the U.S. Dollar at this time, but rather the Euro.

  • Next Global Crisis – Strengthening U.S. Dollar Index or Weakening Euro?
    FX Empireyesterday

    Next Global Crisis – Strengthening U.S. Dollar Index or Weakening Euro?

    Judging from the way the dollar index is weighted, the best bet for another surge to the upside will be a weaker Euro, Japanese Yen and British Pound.

  • The Week Ahead – Brexit, PMI Numbers and Trade Talks in Focus
    FX Empireyesterday

    The Week Ahead – Brexit, PMI Numbers and Trade Talks in Focus

    The ECB, the FED, and the RBA release meeting minutes in the week, as the markets look for any more signs of a possible recession. Trade talks also resume.

  • Investing.comyesterday

    Gold / Silver / Copper Prices - Weekly Outlook: Feb. 18 - 22

    Investing.com - This week precious metal traders will closely monitor movements in the U.S. dollar, one of the biggest drivers for gold, with U.S.-China trade talks continuing in Washington and Federal Reserve minutes and U.S. economic reports on tap.

  • Investing.comyesterday

    Weekly Outlook: Feb. 18 - 22

    Investing.com - Despite a holiday-shortened week in the U.S. the economic calendar for this week is busy, with U.S.-China trade talks continuing in Washington and Federal Reserve minutes and U.S. economic reports on tap.

  • Is the EUR in for More Pain? There May be Choppier Waters Ahead
    FX Empire2 days ago

    Is the EUR in for More Pain? There May be Choppier Waters Ahead

    Trade talks delivered strong gains across the European and U.S equity markets last week. What’s on the horizon for the DAX and EUR?

  • Reuters2 days ago

    EMERGING MARKETS-Latam FX up on dovish Fed talk; Mexican peso capped by Pemex

    Risk appetite towards Latin America was broadly boosted by Mary Daly suggesting the U.S. Federal Reserve may hold off on raising borrowing costs in 2019. Mexican officials said the government would infuse $3.6 billion into ailing state oil firm Pemex, aiming to bolster its finances and avert a further credit downgrade. Daly's comments enabled the peso to wipe away the losses it incurred after the announcement on Pemex.

  • Bitcoin holds above $3,500, but analyst warns of lower prices ahead
    MarketWatch2 days ago

    Bitcoin holds above $3,500, but analyst warns of lower prices ahead

    Bitcoin prices slump midday Friday, with one expert cautioning that further declines were on the horizon for the world’s most popular digital asset.

  • Reuters3 days ago

    Speculators trim long dollar bets in week of Jan. 22-CFTC, Reuters

    Speculators reduced their bullish bets on the U.S. dollar in the week ended Jan. 22 to the smallest position since September, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday. In a wider measure of dollar positioning that includes net contracts on the New Zealand dollar, Mexican peso, Brazilian real and Russian ruble, the U.S. dollar posted a net short position valued at $27.55 billion, down from $32.03 billion, a week earlier.

  • Dollar retraces gains to end week lower
    MarketWatch3 days ago

    Dollar retraces gains to end week lower

    The U.S. dollar loses its strength in late Friday trading amid President Donald Trump’s signing of a spending bill that will avoid a renewed partial government shutdown and his declaration of a national emergency on border security.

  • Gold Price Prediction – Gold is Poised to Breakout and Test 2019 Highs
    FX Empire3 days ago

    Gold Price Prediction – Gold is Poised to Breakout and Test 2019 Highs

    Soft US and Chinese Data is Helping to Buoy Gold Prices

  • MarketWatch3 days ago

    Trump sends letter to House, Senate saying he has declared national emergency

    President Donald Trump has sent a letter to the House and Senate informing them that he has declared a national emergency. The declaration allows the secretary of defense to order units or reservists to active duty to support Department of Homeland Security activities at the southern border and to "engage in emergency construction as necessary to support the use of the Armed Forces and respond to the crisis at our southern border."

  • European stocks log best weekly gain in 3½ months as banks gets a bump from ECB
    MarketWatch3 days ago

    European stocks log best weekly gain in 3½ months as banks gets a bump from ECB

    European stocks finish sharply higher Friday, helping the pan-European benchmark produce its best weekly gain since early November, as investors cheer signs of progress on a U.S.-China trade deal.

  • Gold Weekly Price Forecast – Gold markets continue to show support
    FX Empire3 days ago

    Gold Weekly Price Forecast – Gold markets continue to show support

    Gold markets fell a bit during the week but found support underneath the turn things around and form a bit of a hammer. The hammer of course was preceded by another one, showing just how resilient the market has been.

  • USD/JPY Weekly Price Forecast – US dollar rallies again
    FX Empire3 days ago

    USD/JPY Weekly Price Forecast – US dollar rallies again

    The US dollar rallied again during the week, breaking towards the 61.8% Fibonacci retracement level. However, we are starting to run into a bit of resistance, which of course makes sense as the Japanese yen is a bit of a safety currency.

  • GBP/USD Weekly Price Forecast – British pound testing support
    FX Empire3 days ago

    GBP/USD Weekly Price Forecast – British pound testing support

    The British pound has fallen again during the week but is testing a rather important area on the chart that could cause a lot of market reaction, if we can get the proper headlines right along with it.

  • GBP/JPY Weekly Price Forecast – British pound continues to grind against Japanese yen
    FX Empire3 days ago

    GBP/JPY Weekly Price Forecast – British pound continues to grind against Japanese yen

    The British pound went back and forth during the Japanese yen during the trading week, as we continue to see a lot of noise out there. However, we have recently seen a massive turnaround, and I think it is going to be crucial to the future of this market.

  • EUR/USD Weekly Price Forecast – Euro dress lower for the week
    FX Empire3 days ago

    EUR/USD Weekly Price Forecast – Euro dress lower for the week

    The Euro drifted a bit lower during the week as we continue to see concerns about the German economy and the global economy as well. Ultimately, I think that the market does have a significant amount of support underneath though.

  • AUD/USD Weekly Price Forecast – Aussie continues to find support
    FX Empire3 days ago

    AUD/USD Weekly Price Forecast – Aussie continues to find support

    The Australian dollar went back and forth during the week but continues to find support at the same level that we have been paying attention to for some time. Because of this, I think that we do have more of an upside risk than anything else.