• Hope new Italian government will respect European fiscal ...
    CNBC Videos15 hours ago

    Hope new Italian government will respect European fiscal ...

    European Central Bank Vice President Vitor Constancio speaks risks facing markets, financial resilience in the euro zone and Italian politics.

  • Investing.com4 hours ago

    Bitcoin Moves Off Lows Despite Growing Regulatory Threat

    Investing.com – Bitcoin moved off lows Thursday despite the growing threat of regulation following reports the Justice Department has opened a criminal investigation into possible bitcoin price manipulation.

  • Investing.com7 hours ago

    Gold Prices Back Above $1,300 Amid Renewed Safe-Haven Demand

    Investing.com – Gold prices jumped more than 1% Thursday on the back of rising safe-haven demand after U.S. President Trump called off the Singapore summit with North Korea, scheduled for next month.

  • Reuters7 hours ago

    Euro zone to decide terms of Greek bailout exit, debt relief in June

    Euro zone finance ministers will decide next month on all measures, including further debt relief, needed for Greece to exit its bailout successfully, their chairman said on Thursday. For the June 21 talks to be successful, Athens has to pursue the last reforms agreed with euro zone creditors to put its economy on a firmer growth path. If Greece delivers on the final batch of reforms, the euro zone will be able to disburse new loans that will not only cover its immediate needs, but also create a cash buffer to keep it liquid after the bailout ends.

  • MarketWatch8 hours ago

    Dollar slips, havens rally as Trump nixes North Korea summit

    The U.S. dollar index extended its recent downtrend Thursday, pulling further from a 2018 peak, after President Donald Trump canceled a North Korean summit and potential import tariffs on cars brought up renewed fears over trade wars. The Turkish currency hit a historic low against the U.S. unit on Wednesday, before its central bank intervened to stabilize the currency.

  • Investing.com8 hours ago

    Dollar Sees Red as Weak U.S. Data Weighs

    Investing.com – The dollar was hit by a fresh wave of selling Thursday, losing ground against its rivals following negative U.S. data showing a slowdown in the U.S. housing and labor market.

  • Gold Rallies as Momentum Turns Positive
    FX Empire9 hours ago

    Gold Rallies as Momentum Turns Positive

    Gold prices rallied as the dollar eased, as jobless claims rose, and the Fed’s Kaplan said the Fed was willing to let the economy run a little above or below targets inflation. Support is seen near the 10-day moving average at 1,297.  Momentum has turned positive as the MACD (moving average convergence divergence) index generated a crossover buy signal. This occurs as the MACD line (the 12-day moving average convergence divergence) index generated a crossover buy signal.

  • Forex- Dollar Remains Lower On Fed, North Korea News
    Investing.com10 hours ago

    Forex- Dollar Remains Lower On Fed, North Korea News

    The greenback remained lower on Thursday after an unexpected dovish-tone in the latest Federal Reserve meeting minutes and news that the White House had called off a planned summit with North Korea. The White House said in a statement that it would be "inappropriate" to have a planned summit at this time. Trump and North Korea leader Kim Jong Un were set to meet in Singapore on June 12 to discuss possible denuclearization.

  • The Euro Rebounds Following FOMC Dovish Minutes and Despite Soft EU Confidence Data
    FX Empire10 hours ago

    The Euro Rebounds Following FOMC Dovish Minutes and Despite Soft EU Confidence Data

    The EUR/USD rebounded following Wednesday’s FOMC meeting minutes which showed that the Fed was willing to let inflation run above their target for a while.  The ECB’s Praet said that the slowdown in Europe reflects supply constraints while the ECB Constancio said that the rise in Italian bond yields was a concern. French Business confidence was mixed and German confidence fell. ECB’s Praet says the slowdown reflects supply constraints, adding that economic conditions are good despite clouds on the horizon.

  • Gold Prices Top $1,300 as Trump Cancels U.S.-North Korea Summit
    Investing.com10 hours ago

    Gold Prices Top $1,300 as Trump Cancels U.S.-North Korea Summit

    Investing.com - Gold prices extended gains in midmorning trade on Thursday as U.S. President Donald Trump dashed hopes for a summit with North Korea leader Kim Jong Un

  • Stocks- Wall Street Falls As Trump Calls Off North Korea Summit
    Investing.com11 hours ago

    Stocks- Wall Street Falls As Trump Calls Off North Korea Summit

    Investing.com – Wall Street slumped on Thursday after U.S. President Donald Trump called off a planned summit meeting with North Korea.The S&P 500 was down 15 points or 0.57% to 2,717.78 as of 9:49 AM ET (13:49 GMT) while the Dow composite decreased over 108 points or 0.44% to 24,778.03 and tech heavy NASDAQ Composite fell 37 points or 0.50% to 7,388.92.The White House said in a statement that it would be "inappropriate" to have a planned summit at this time. ...

  • Market Snapshot – Risks and Tension Rise as US Cancels Talks
    FX Empire12 hours ago

    Market Snapshot – Risks and Tension Rise as US Cancels Talks

    The talks that were scheduled between the US and North Korea have been cancelled

  • Bitcoin Falls to Six-Week Low as U.S. Investigates Market Manipulation
    Investing.com13 hours ago

    Bitcoin Falls to Six-Week Low as U.S. Investigates Market Manipulation

    Cryptocurrencies were lower on Thursday, with Bitcoin falling to a six-week low amid reports that the U.S. Justice Department is looking into whether traders are manipulating the price of Bitcoin and other virtual currencies. Bitcoin was trading at $7,377.80, falling 6.74% as of 7:59 AM ET (11:59 GMT) on the Bitfinex exchange. As virtual currencies have increased in popularity among investors, it has lead to further investigations from regulators around the world.

  • Safe-Haven Assets Rise after Trump Cancels Summit with North Korea
    FX Empire13 hours ago

    Safe-Haven Assets Rise after Trump Cancels Summit with North Korea

    The reaction was normal and straight out of a Risk Management 101 class. It’s only a cancellation of a meeting so I don’t expect to see any major changes in trend at this time.

  • Revolut App Adds XRP, Bitcoin Cash to Crypto Options
    Coindesk13 hours ago

    Revolut App Adds XRP, Bitcoin Cash to Crypto Options

    Mobile banking app Revolut now lets users buy, sell and hold Ripple's XRP and bitcoin cash, in addition to bitcoin, litecoin and ether.

  • MarketWatch14 hours ago

    South Korean won slumps as Trump cancels summit with North Korea

    The South Korean won plummeted as President Donald Trump canceled the U.S.-North Korea summit scheduled to be held in Singapore next month. The U.S. dollar gained 0.7% on South Korea's currency , last fetching 1,084.89 won.

  • Technical Update For GBP/USD, EUR/GBP, GBP/JPY & GBP/NZD: 24.05.2018
    FX Empire14 hours ago

    Technical Update For GBP/USD, EUR/GBP, GBP/JPY & GBP/NZD: 24.05.2018

    With the month-long symmetrical triangle restricting the EURGBP moves between 0.8720 & 0.8800, chances of the pair’s recent pullback to test 0.8720 support and take a U-turn from there are higher. GBPJPY’s break of nine-month old ascending trend-line signals the pair’s further downside to the 144.95-145.15 rest-zone but its additional south-run can be confined by oversold RSI, which if ignored can drag the pair to 143.00 support.

  • Stocks- U.S. Futures Flat as Trade Talk Worries Continue
    Investing.com14 hours ago

    Stocks- U.S. Futures Flat as Trade Talk Worries Continue

    Investing.com – U.S. futures pointed to a flat opening bell on Thursday as investors looked ahead to economic data and concern over U.S.-China trade talks continued.The S&P 500 futures was down half a point or 0.02% to 2,730.25 as of 6:46 AM ET (10:46 GMT) while Dow futures decreased 18 points or 0.07% to 24,841.0. Meanwhile tech heavy Nasdaq 100 futures rose three and a half points or 0.05% to 6,960.50.A flurry of economic data is expected later in the day, with jobless claims at 8:30 AM ET (12:30 GMT) and existing home sales at 10:00 AM ET (14:00 GMT). ...

  • Gold Price Futures (GC) Technical Analysis – May 24, 2018 Forecast
    FX Empire15 hours ago

    Gold Price Futures (GC) Technical Analysis – May 24, 2018 Forecast

    Based on the early price action, the direction of the gold market the rest of the session is likely to be determined by trader reaction to the major Fibonacci level at $1296.20.

  • Reuters15 hours ago

    Indian rice prices ease to lowest in a year as rupee slides

    Rice prices in India fell for the third straight week to their lowest level in a year as the rupee slipped to a 16-month low, while markets in other top exporters remained relatively muted. "Indian rice is very competitive compared to supplies from Thailand and Vietnam. Rice prices in the country, which emerged as a major importer in 2017 after floods damaged its crops, jumped around 40 percent last year due to depleting stocks, forcing the government to seek supplies from Asian countries like India, Thailand and Vietnam.

  • Gold Prices Move Higher as Weaker Dollar, Trade Worries Support Demand
    Investing.com16 hours ago

    Gold Prices Move Higher as Weaker Dollar, Trade Worries Support Demand

    Investing.com - Gold prices moved higher as a weaker dollar and U.S.-China trade concerns continued to support demand for the safe haven precious medal.

  • 3 Sweet Setups with JPY!
    FX Empire16 hours ago

    3 Sweet Setups with JPY!

    Today, we do have three pairs with the Japanese Yen. The first one is the GBPJPY, which is giving us a super strong long-term sell signal. The pair already broke all major supports and now is testing the closest one as a resistance. The first contact was bearish but it seems like we will have another test soon. Double top on such an important level can be a marvelous trading opportunity.

  • Forex- Sterling Surges on Retail Data
    Investing.com16 hours ago

    Forex- Sterling Surges on Retail Data

    Investing.com - Sterling was higher on Thursday after UK retail sales came in higher than expected, boosting confidence in the economy.UK retail sales rose 1.6% in April, compared to expectations for a 0.1% gain, the Office for National Statistics reported. The unexpected increase indicates consumer confidence in the UK economy, despite political uncertainty surrounding Brexit.GBP/USD surged 0.46% to a one-day high of 1.3410 as of 4:43 AM ET (8:43 GMT).The euro was also higher, but was held back by economic and political worries in Europe. ...

  • MarketWatch16 hours ago

    Italy delivers a ‘worst-case scenario’ — but here’s what’s reassuring investors

    Before Italy’s general election in March, strategists said the worst-case scenario for equity markets would be an anti-establishment coalition government. Giuseppe Conte is on track to become the new prime minister, with a pair of populist parties — the 5 Star Movement and the League — picking the little-known law professor as a compromise candidate to head their coalition. The new government represents “the worst-case scenario,” with its plans worrying investors, but there are some reassuring factors, said Seema Shah, an investment strategist at Principal Global Investors.

  • AUD/USD Forex Technical Analysis – May 24, 2018 Forecast
    FX Empire16 hours ago

    AUD/USD Forex Technical Analysis – May 24, 2018 Forecast

    The inside move and the early trade indicates traders aren’t sure how to play the AUD/USD, likely due to the conflicting fundamentals. The direction of U.S. Treasury yields today is likely to be the catalyst behind the price action.