• MarketWatch2 hours ago

    4 outcomes for the ECB meeting, in 1 handy chart

    The European Central Bank meets for its policy-setting meeting on Thursday and the big question on traders’ mind is when President Mario Draghi & Co. will put an end to its aggressive bond buying program ...

  • Cryptocurrency Prices Mixed; China Raids Bitcoin Miners
    Investing.com3 hours ago

    Cryptocurrency Prices Mixed; China Raids Bitcoin Miners

    Investing.com – Cryptocurrency prices were mixed on Wednesday. Reports that Chinese polices confiscated computers used to mine Bitcoin gathered some focus. Meanwhile, PayPal’s former CEO Bill Harries called Bitcoin a scam.

  • Gold Prices Dragged Down By Yield-Fueled Dollar
    Investing.com3 hours ago

    Gold Prices Dragged Down By Yield-Fueled Dollar

    Investing.com - Gold prices dropped on Wednesday morning as the dollar was driven higher by the 10-year U.S. treasury yields that surged to a four-year high at 3%.

  • Forex – Dollar Fueled by Four-Year High Yields
    Investing.com4 hours ago

    Forex – Dollar Fueled by Four-Year High Yields

    Investing.com – The dollar was driven higher against other major currencies in Asia on Wednesday morning as the yields on 10-year U.S. Treasuries topped 3%, increasing prospects of inflation. The yen and the Aussie were both weighed down by the yield-fueled greenback.

  • Gold markets rally slightly during quiet Tuesday session
    FX Empire6 hours ago

    Gold markets rally slightly during quiet Tuesday session

    Gold markets rallied a bit during the trading session on Tuesday, as the $1320 level continues to offer a bit of support. It looks as if we could try to grind higher from here, but it is going to take some work to build up the momentum necessary to go higher. I believe the pullbacks continue to be buying opportunities, as this is a market that has plenty of support underneath.

  • US dollar sideways against Canadian dollar
    FX Empire6 hours ago

    US dollar sideways against Canadian dollar

    The US dollar has done very little against the Canadian dollar during the trading session on Tuesday, which is not much of a surprise considering that we have had such a strong move higher in a short amount of time. It looks as if we currently have a significant amount of support underneath though, so I do think that the buyers will be looking for value if it appears.

  • EUR/USD choppy during Tuesday trading
    FX Empire6 hours ago

    EUR/USD choppy during Tuesday trading

    The EUR/USD pair has been very noisy in general, and it looks likely that the 1.22 level is starting to offer signs of support. I believe that the market will probably continue to pay attention to this area, because it is the bottom of a consolidation area that has been in effect for several months.

  • EUR/GBP continues to chop on Tuesday
    FX Empire6 hours ago

    EUR/GBP continues to chop on Tuesday

    The EUR/GBP pair has gone back and forth during the session on Tuesday again, as we continue to chop around overall. The market has a lot of headline risk built into it, and I think that is going to continue to be one of the major issues.

  • GBPUSD Recovers from Lows But Still Under Pressure
    FX Empire7 hours ago

    GBPUSD Recovers from Lows But Still Under Pressure

    The pair has been hit hard by weak data and a strong dollar

  • EUR/USD Struggling at the Lows
    FX Empire7 hours ago

    EUR/USD Struggling at the Lows

    The pair is back at the range lows and waiting for the ECB

  • Short-Covering Ahead of ECB Meeting Reverses EUR/USD
    FX Empire8 hours ago

    Short-Covering Ahead of ECB Meeting Reverses EUR/USD

    The EUR/USD mounted a comeback throughout the session as buyers came in to defend the annual low reached in January. The inability to break the Euro through this low may have fueled Tuesday’s short-covering rally.

  • U.S 10-Year Yields Hit 3
    FX Empire9 hours ago

    U.S 10-Year Yields Hit 3

    U.S Treasury yields could see the markets take a turn, though geo-politics will likely take the limelight through the day, with economic data on the lighter side.

  • Investing.com14 hours ago

    Gold Prices Set to Snap 4-Day Losing Streak as Dollar Rally Cools

    Investing.com – Gold prices were on track to snap a four-day losing streak after the rally in U.S. treasury yields paused, weighing on the dollar which eased from two-month highs.

  • Investing.com14 hours ago

    Dollar Turns Negative as 10-Year Bond Yield Retreats Below 3%

    Investing.com – The dollar eased from two-month highs against a basket of major currencies as U.S. bond yields retreated from multi-year highs but sentiment on the greenback remained positive amid upbeat economic data.

  • Gold Prices Rebounded Back to Breakdown Zone
    FX Empire16 hours ago

    Gold Prices Rebounded Back to Breakdown Zone

    Gold prices rebounded on Tuesday attempting to recapture resistance which is former support near an upward sloping trend line that comes in near 1,332. Target support is seen near the April lows at 1,320. Momentum on gold prices is negative as the MACD (moving average convergence divergence) histogram prints in the red with a downward sloping trajectory which points to lower prices.

  • The EUR/USD Rebounds back to Resistance but Soft a German Zew Caps the Upside in the Currency Pair
    FX Empire16 hours ago

    The EUR/USD Rebounds back to Resistance but Soft a German Zew Caps the Upside in the Currency Pair

    The ECB lending survey showed easier lending conditions while the German IFO tumbled in April. French business confidence declined while the ECB’s Villeroy told banks to prepare for a recession. Target support is now seen near the March lows at 1.2154.  Momentum is negative as the MACD (moving average convergence divergence) histogram prints near the zero index level with a flat trajectory which points to consolidation.

  • Stocks- Wall Street Rises as Investors Shrug Off Bond Yield Worry
    Investing.com18 hours ago

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

    Investing.com - Wall Street was higher on Tuesday, despite rising bond yields, as investors look to corporate earnings releases.The S&P 500 was up over 10 points or 0.41% to 2,681.22 as of 9:45 AM ET (13:45 GMT) while the Dow composite increased 96 points or 0.40% to 24,545.59 and tech heavy NASDAQ Composite rose 32 points or 0.46% to 7,161.55.Investors have shrugged off worry over rising bond yields, with the 10-Year note reaching its highest level in four years, as inflation has added to expectations of continued rate hikes from the Federal Reserve. ...

  • Bitcoin Nears One Month High
    Investing.com19 hours ago

    Bitcoin Nears One Month High

    Interest in cryptocurrencies has increased after the price skyrocketed to $20,000 in December. Some banks are exploring client interest in the virtual coins and a few hedge funds have already started trading the digital currencies.

  • Dollar Pauses as Boost from Treasury Yield Fades
    Investing.com19 hours ago

    Dollar Pauses as Boost from Treasury Yield Fades

    Investing.com - The dollar took a breather on Tuesday after rising to seven week highs against a basket of the other major currencies, as a boost from rising Treasury yields faded.

  • Stocks- U.S. Futures Point to Higher Opening Bell
    Investing.com21 hours ago

    Stocks- U.S. Futures Point to Higher Opening Bell

    Investing.com – Wall Street was set to rebound on Tuesday, as investors looked ahead to the latest flurry of corporate earnings and bond yields eased.The S&P 500 futures was up 15 and a half points or 0.58% to 2,686.75 as of 6:47 AM ET (10:47 GMT) while Dow futures increased 138 points or 0.57% to 24,552.0. Meanwhile tech heavy Nasdaq 100 futures rose 45 points or 0.67% to 6,712.0.U.S. stocks were lower on Monday after a decline in technology shares and concern about increasing bond yields. ...

  • MarketWatch21 hours ago

    Mexican peso jumps on 75% chance to reach Nafta deal shortly

    The Mexican peso rallied versus the U.S. dollar on Tuesday, after Moises Kalach, head of trade for Mexican national business chamber CCE, said there was a 75% chance an agreement on the North American Free Trade Agreement would be reached in the next 10 days. Kalach's remarks, according to news reports, came after multiple officials from Nafta member countries, including President Donald Trump, indicated a potential agreement in principal could be reached in May. Nevertheless, the dollar slumped versus the Mexican currency in response to the news, last buying 18.7897 pesos, down versus 18.9407 pesos late Monday in New York.

  • EUR/USD Mid-Session Technical Analysis for April 24, 2018
    FX Empire21 hours ago

    EUR/USD Mid-Session Technical Analysis for April 24, 2018

    Based on the early price action, the direction of the EUR/USD the rest of the session is likely to be determined by trader reaction to a pair of Gann angles at 1.2213 and 1.2201.

  • Gold Price Futures (GC) Technical Analysis – April 24, 2018 Forecast
    FX Empire22 hours ago

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

    Based on the early trade and the last price at $1327.60, the direction of the gold market today is likely to be determined by trader reaction to yesterday’s close at $1324.00.

  • 10-Year U.S Treasury Yields are Nearly 3%, US Futures Point Higher on Strong Earnings Reports
    FX Empire23 hours ago

    10-Year U.S Treasury Yields are Nearly 3%, US Futures Point Higher on Strong Earnings Reports

    The U.S Dollar has been strong as 10-year Treasuries in the States have climbed towards a 3% yield.

  • Gold Prices Pull Back From 2-Week Lows, Stronger Dollar Weighs
    Investing.com23 hours ago

    Gold Prices Pull Back From 2-Week Lows, Stronger Dollar Weighs

    Investing.com - Gold prices pulled away from two-week lows on Tuesday, but struggled to make headway as a stronger dollar continued to weigh on demand for bullion.