• Bitcoin’s 5-day streak in jeopardy as cryptocurrency eases below $4,000
    MarketWatch29 minutes ago

    Bitcoin’s 5-day streak in jeopardy as cryptocurrency eases below $4,000

    Bitcoin prices were drifting lower on Thursday, putting a 5-day win streak at risk for the best-known digital currency.

  • Dollar climbs despite weaker-than-expected data; Aussie gets knocked around
    MarketWatch1 hour ago

    Dollar climbs despite weaker-than-expected data; Aussie gets knocked around

    The U.S. dollar climbs higher Thursday despite weaker-than-expected economic data, after the Federal Reserve’s January meeting minutes a day earlier failed to put another dovish damper on market sentiment.

  • China coal-import ban puts the hurt on the Australian dollar
    MarketWatch4 hours ago

    China coal-import ban puts the hurt on the Australian dollar

    The Australian dollar is once again struck by China-related woes on Thursday, though this time it isn’t the Sino-U.S. trade spat that inflicted pain.

  • Gold Price Forecast – Gold markets pulled back on Thursday
    FX Empire5 hours ago

    Gold Price Forecast – Gold markets pulled back on Thursday

    Gold markets pulled back a bit during the day on Thursday, as the $1350 level continues offer a bit of interest. However, we have broken out and we should eventually see buyers come back.

  • USD/JPY Price Forecast – US dollar continues to go sideways
    FX Empire5 hours ago

    USD/JPY Price Forecast – US dollar continues to go sideways

    The US dollar went back and forth during the trading session on Thursday as we continue to hang about relatively important consolidation. There are several technical signals firing off in the same area, so this of course is going to continue to be very interesting to watch.

  • GBP/USD Price Forecast – British pound rallies again
    FX Empire5 hours ago

    GBP/USD Price Forecast – British pound rallies again

    The British pound rallied a bit during the trading session on Thursday again, as we continue to see a lot of strength in the cable pair. However, there does seem to be a bit of noise above that could cause a pullback.

  • GBP/JPY Price Forecast – British pound grinding sideways
    FX Empire5 hours ago

    GBP/JPY Price Forecast – British pound grinding sideways

    The British pound has gone back and forth during the trading session on Thursday against the Japanese yen as we are pressing major resistance. This is that much of a surprise, but we have recently kicked off a bullish flag, so there is still high potential for explosive moves to the upside.

  • EUR/USD Price Forecast – Euro continues to grind
    FX Empire5 hours ago

    EUR/USD Price Forecast – Euro continues to grind

    The Euro continues to grind overall, as we see a lot of volatility around the 1.1350 level. This is an area that should continue to be very noisy, due to microstructure. At this point, I think the larger consolidation needs to be paid attention to though.

  • AUD/USD Price Forecast – Australian dollar falls hard
    FX Empire5 hours ago

    AUD/USD Price Forecast – Australian dollar falls hard

    The Australian dollar fell hard during the trading session on Thursday, as we initially spiked towards the 0.72 handle. However, there is a major amount of support underneath that should continue to keep this market somewhat afloat, so I do believe that we are going to see a recovery.

  • USD/CAD Daily Price Forecast – USD/CAD Trades Dovish Ahead of US Macro Data Updates
    FX Empire7 hours ago

    USD/CAD Daily Price Forecast – USD/CAD Trades Dovish Ahead of US Macro Data Updates

    CAD erased early gains and pair trades near intra-day lows as Traders eye US macro data/speech by BoC Poloz for some meaningful impetus.

  • MarketWatch7 hours ago

    FTSE 100 tugged down by mining and energy sectors

    London stock markets fell Thursday, as mining and energy names tugged on the broader FTSE 100. The FTSE 100 (UK:UKX) led the region’s top decliners, falling 0.7% to 7,180.85 after the index finished up 0.7% on Wednesday. “Optimism around the trade talks between the U.S. and China remains the main catalyst here, so we expect more [stock] gains in the short term,” said Konstantinos Anthis, head of research at ADSS.

  • QuadrigaCX Has Sent All Its Bitcoin and Ether to ‘Big Four’ Auditor EY
    Coindesk9 hours ago

    QuadrigaCX Has Sent All Its Bitcoin and Ether to ‘Big Four’ Auditor EY

    QuadrigaCX's "hot" wallets for bitcoin and ether have been nearly emptied, with the funds now held by court-appointed monitor EY.

  • Gold Price Futures (GC) Technical Analysis – February 21, 2019 Forecast
    FX Empire9 hours ago

    Gold Price Futures (GC) Technical Analysis – February 21, 2019 Forecast

    Based on the early price action, the direction of the April Comex gold market on Thursday is likely to be determined by trader reaction to the step uptrending Gann angle at $1336.70.

  • Sterling Highly Sensitive to Brexit Noise, Gold Weakens
    FX Empire9 hours ago

    Sterling Highly Sensitive to Brexit Noise, Gold Weakens

    Sterling’s price action has been erratic due to the growing sensitivity towards Brexit-related headlines and news flows. With investors clearly pessimistic over Theresa May’s trip to Brussels concluding on a positive note

  • Precious Metals Decline As Dollar Rebound in Broad Market
    FX Empire10 hours ago

    Precious Metals Decline As Dollar Rebound in Broad Market

    Gold declines from 10-month highs as Fed minutes report influenced a rebound in dollar price action.

  • EUR/USD Mid-Session Technical Analysis for February 21, 2019
    FX Empire10 hours ago

    EUR/USD Mid-Session Technical Analysis for February 21, 2019

    Based on the early price action, the direction of the EUR/USD on Thursday is likely to be determined by trader reaction to the downtrending Gann angle at 1.1364.

  • Investing.com11 hours ago

    U.S. Dollar Steady After Disappointing Data

    The greenback recovered from its sudden fall after disappointing economic data on Thursday raised concerns about the strength of the U.S. economy and supported the Federal Reserve’s decision to hold rates steady for the foreseeable future. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, fell to 96.239 after the data before recovering to 96.391 as of 10:30 AM ET (15:30 GMT). New orders for durable goods, excluding volatile items, fell unexpectedly in December, while business activity in the mid-Atlantic region declined to its weakest level since May 2016, according to the Philadelphia Fed's monthly survey.

  • Commodities Daily Forecast – February 21, 2019
    FX Empire12 hours ago

    Commodities Daily Forecast – February 21, 2019

    The gold prices pulled back a bit during Wednesday’s session as the $1350 level above is offered a bit of resistance. The gold market is likely to struggle a bit around here to break higher but has strong multiple support underneath, which will provide enough momentum to move higher. The $15.80 level underneath is massive support and pullbacks will continue to be a nice buying opportunity.

  • Forex Daily Outlook – February 21, 2019
    FX Empire12 hours ago

    Forex Daily Outlook – February 21, 2019

    The pair is currently stationed around the 1.1350 level as there are a lot of developments around the market and is also looking for clarity on the future momentum. The weak momentum around the USD is likely to support the EURO to reach higher, and if it breaks above 1.15 level, it will be extremely bullish and will attract many buyers.

  • Price of Gold Fundamental Daily Forecast – Weakens on Fed Rate Hike Concerns
    FX Empire12 hours ago

    Price of Gold Fundamental Daily Forecast – Weakens on Fed Rate Hike Concerns

    If a trade deal is struck then this should provide some relief to concerns over a global economic slowdown in China. The lifting of an excuse to remain “patient” could eventually give the Fed a reason to resume its rate hikes, and this is what has gold traders worried.

  • EUR Climbs Higher
    FX Empire12 hours ago

    EUR Climbs Higher

    FOMC Minutes from yesterday gave the boost to the USD but the movement was not very volatile

  • GBP/USD Price Forecast – GBPUSD Trades Rangebound as GBP Bulls Lost Edge On Headlines
    FX Empire13 hours ago

    GBP/USD Price Forecast – GBPUSD Trades Rangebound as GBP Bulls Lost Edge On Headlines

    GBPUSD trades range bound near 1.3050 handle as traders await macro data updates for directional cues.

  • AUD/USD Forex Technical Analysis – February 21, 2019 Forecast
    FX Empire14 hours ago

    AUD/USD Forex Technical Analysis – February 21, 2019 Forecast

    Based on the early price action, the direction of the AUD/USD the rest of the session is likely to be determined by trader reaction to the uptrending Gann angle at .7114.

  • Reuters14 hours ago

    Aussie slides as China's Dalian port bans Australian coal imports

    The Australian dollar tumbled on Thursday after customs at China's northern Dalian port banned imports of coal from major supplier Australia. The currency was already on the back foot after a forecast of an interest rate cuts from a major Australian bank earlier on Thursday. The indefinite ban on coal imports from Australia, effective since the start of February, comes as major ports elsewhere in China prolong clearing times for Australian coal to at least 40 days.