• Europe markets close lower as stocks fail to defend rebound
    MarketWatch1 hour ago

    Europe markets close lower as stocks fail to defend rebound

    European markets finish lower on Wednesday as stocks failed to capitalize on an earlier rebound as economic and political worries continued to weigh.

  • Bitcoin plunges nearly 15%, makes fresh 2018 low
    MarketWatch2 hours ago

    Bitcoin plunges nearly 15%, makes fresh 2018 low

    Bitcoin prices tumbled on Wednesday, crashing through the psychological $6,000 level and making a new low for 2018.

  • Investing.com2 hours ago

    Dollar Down as Sterling Rises After May Secures Cabinet Support

    Investing.com – The dollar continued to give up gains against its rivals Wednesday following subdued inflation data and a rise in sterling after UK Prime Minister Theresa May secured support from her Cabinet for a draft Brexit deal.

  • Investing.com3 hours ago

    Gold Breaks Below $1,200 Again, Before Settling Higher

    Investing.com - Anxiety over the U.S.-China trade war and Brexit is keeping gold's $1,200 perch alive, even as the dollar tries to gain leverage against the yellow metal on the same concerns.

  • Brexit plan clears first hurdle but tough part lies ahead
    MarketWatch3 hours ago

    Brexit plan clears first hurdle but tough part lies ahead

    British Prime Minister Theresa May wins approval of her Brexit plan from parliament, but a hard-fought battle—and market volatility—lies ahead.

  • British pound trades higher after Brexit withdrawal proposal gets first stamp of approval
    MarketWatch3 hours ago

    British pound trades higher after Brexit withdrawal proposal gets first stamp of approval

    The British pound traded higher Wednesday after Prime Minister Theresa May said her cabinet had approved a draft EU withdrawal agreement.

  • Euro, pound rise as U.K. PM May gets backing on Brexit deal
    Reuters3 hours ago

    Euro, pound rise as U.K. PM May gets backing on Brexit deal

    It is unclear whether she has enough votes to clinch approval in parliament."The real challenge is the parliament," said Marc Chandler, chief market strategist at Bannockburn Global Forex LLC in New York. "The hard work really lies ahead." Hopes the U.K. parliament would approve a draft accord for Britain to leave the European Union have bolstered the pound and provided some support for the euro. Italy re-submitted its draft budget for next year to the European Commission with the same growth and deficit assumptions but with falling debt, the new draft showed.At 3:49 p.m. (2049 GMT), the euro was up 0.34 percent at $1.13255, erasing an earlier loss tied partly to weak regional growth data.

  • MarketWatch4 hours ago

    Pound edges higher after U.K. PM Theresa May says she's secured cabinet approval for Brexit plan

    The British pound rose on Wednesday against its main rivals in up-and-down action, after U.K. Prime Minister Theresa May said she won her cabinet's backing for an orderly withdrawal from the European Union, setting the stage for further votes on Britain's exit from the European Union. "This is a decision which is in the best interest our entire United Kingdom," May said, after a five-hour meeting at 10 Downing St. "The collective decision of the cabinet was that the government should support the draft withdrawal agreement," May said. The pound was trading at $1.2995 against the dollar, versus $1.2969 late Tuesday. The sterling had traded as low as $1.2869 earlier in the session, before rising above $1.3030. The draft will head to an EU summit meeting later this month, where a tougher vote on Parliament will proceed. Irish Prime Minister Leo Varadkar said the meeting could be as soon as Nov. 25.

  • FTSE 100 ends lower as traders watch for Brexit news
    MarketWatch5 hours ago

    FTSE 100 ends lower as traders watch for Brexit news

    U.K. stocks surrendered early gains Wednesday, finishing in the red as worries that Prime Minister Theresa May and the Conservative Party would not hash out a Brexit deal in time grew. European Union and U.K. negotiators reached a draft Brexit deal in Brussels on Tuesday that May was due to put to her cabinet Wednesday afternoon. A final deal must be reached by March 29, when the U.K. is due to leave the trading bloc, but May’s cabinet has to approve any proposal, which must then be ratified by the British Parliament.

  • Investing.com6 hours ago

    Litecoin Tumbles 23% In Rout

    Investing.com - Litecoin was trading at $41.609 by 11:32 (16:32 GMT) on the Investing.com Index on Wednesday, down 22.67% on the day. It was the largest one-day percentage loss since September 14, 2017.

  • Investing.com6 hours ago

    U.S. Dollar Pares Back Gains After Inflation Data

    Investing.com - The dollar pared back earlier gains on Wednesday after inflation data supported the Federal Reserve increasing rates at a gradual pace.The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, fell 0.27% to 96.88 as of 11:15 AM ET (16:15 GMT).Data on Wednesday showed that the annual core consumer price index (CPI) rose 2.1%, which was less than expected.Core prices are viewed by the Federal Reserve as a better gauge of longer-term inflationary pressure because they exclude the volatile food and energy categories. ...

  • MarketWatch6 hours ago

    Pound zigzags ahead of expected press statement on Brexit from Theresa May

    The pound whipsawed amid confusion around whether U.K. Prime Minister Theresa May would deliver a statement Wednesday to the news media, following a cabinet meeting where she presented a draft Brexit agreement. According to recent reports, May is still expected to deliver a statement. The pound fell 0.2% against the greenback, buying $1.294 on Wednesday. The currency was buoyed on Tuesday by talk of a draft deal that would resolve the border issue in Northern Ireland, a sticking point in Brexit negotiations.

  • Investing.com7 hours ago

    Litecoin Falls 10% In Selloff

    Investing.com - Litecoin was trading at $46.409 by 10:42 (15:42 GMT) on the Investing.com Index on Wednesday, down 10.21% on the day. It was the largest one-day percentage loss since October 11.

  • Gold Price Forecast – Gold markets testing support
    FX Empire8 hours ago

    Gold Price Forecast – Gold markets testing support

    Gold markets continue to hang about the $1200 level, an area that of course will attract a lot of attention. We are also testing and uptrend line, so we may be getting ready to see a move.

  • USD/JPY Price Forecast – US dollar continues to push
    FX Empire8 hours ago

    USD/JPY Price Forecast – US dollar continues to push

    The US dollar rallied a bit during the trading session on Wednesday, reaching towards the top of the couple previous candles during the week, showing signs of exhaustion near the ¥114 level, that extends to at least the ¥114.50 level, if not the ¥115 level.

  • GBP/USD Price Forecast – British pound looking for support
    FX Empire8 hours ago

    GBP/USD Price Forecast – British pound looking for support

    The British pound fell during most of the session on Wednesday but did find a certain amount of support at the 1.29 level to turn things around and show signs of life again. However, this market continues to show significant volatility and sensitivity to random headlines.

  • GBP/JPY Price Forecast – British pound finds a bit of support against yen
    FX Empire8 hours ago

    GBP/JPY Price Forecast – British pound finds a bit of support against yen

    The British pound pulled back against the Japanese yen initially during the trading session on Friday but found enough support near the ¥147 level to turn around and form a hammer. This hammer suggests that we are trying to break towards the upside but there is so much in the way of noise between here and the ¥150 level that I think we will find sellers.

  • EUR/USD Price Forecast – Euro finding support
    FX Empire8 hours ago

    EUR/USD Price Forecast – Euro finding support

    The Euro pulled back a bit during the trading session on Wednesday but turned around of form a bit of a hammer. That of course is a bullish sign, and it looks as if there is a lot of fight in this pair just below the 1.13 level. That being said, we are most certainly in a downtrend overall.

  • AUD/USD Price Forecast – Australian dollar pulls back a bit to find buyers
    FX Empire8 hours ago

    AUD/USD Price Forecast – Australian dollar pulls back a bit to find buyers

    The Australian dollar fell a bit during the trading session on Wednesday but found buyers underneath to turn around and reach towards the 0.7250 level yet again.

  • Investing.com9 hours ago

    Crypto Falls; IMF Chief Tells Central Banks to Consider Issuing Digital Coins

    Cryptocurrency prices were lower on Wednesday, even as International Monetary Fund director Christine Lagarde urged central banks to look into issuing digital currencies. “Various central banks around the world are seriously considering these ideas,” Lagarde said in Singapore on Wednesday. “While the case for digital currency is not universal, we should investigate it further, seriously, carefully and creatively.

  • Market Exclusive9 hours ago

    Bitcoin News Crypto Currency Daily Roundup November 14

    The rundown: Bitcoin and all major currencies were down in the morning; HSBC joins the Series B financing round of enterprise blockchain technology Axoni; GoverMedia Plus Canada to acquire European cryptocurrency exchange EXMO; Leading European companies selects IBM to drive blockchain innovation; SIMBA Chain to provide its cloud-based blockchain-as-a-service platform to the U.S. Air Force; […] The post Bitcoin News Crypto Currency Daily Roundup November 14 appeared first on Market Exclusive.

  • Asia-Pacific Sours On Oil, EU Markets Mixed, Brexit Deal In Sight, US CPI As Expected
    FX Empire10 hours ago

    Asia-Pacific Sours On Oil, EU Markets Mixed, Brexit Deal In Sight, US CPI As Expected

    EU markets were moving lower in early trading, but buyers stepped in on word a Brexit deal had been reached. The US index futures were slightly lower in early trading but spiked on word consumer-level inflation is contained.

  • Investing.com11 hours ago

    Stocks - U.S. Futures Flat to Lower, Inflation Data in Focus

    Investing.com - U.S. futures pointed to a flat to lower open Wednesday, as talks between the U.S. and China failed to lift sentiment and investors looked ahead to inflation data.

  • Important AUD Pairs’ Technical Outlook: 14.11.2018
    FX Empire12 hours ago

    Important AUD Pairs’ Technical Outlook: 14.11.2018

    While pullbacks from 0.7235-40 indicate the AUDUSD’s dip to re-test fortnight old ascending TL, at 0.7180 now, it’s further declines are less likely as not only upward slanting support-line but the 0.7165-60 area also stands ready to challenge the sellers. As a result, chances of the pair’s U-turn to 0.7265 on the break of 0.7240 are much brighter while 0.7300-0.7305 could confine the quote’s upside then after. If at all the pair rises past-0.7305, the 61.8% FE level of 0.7340 may flash on the chart. On the contrary, pair’s slide beneath 0.7160 can recall the 0. ...

  • EUR/USD Mid-Session Technical Analysis for November 14, 2018
    FX Empire13 hours ago

    EUR/USD Mid-Session Technical Analysis for November 14, 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 the downtrending Gann angle at 1.1301.