• London markets lose ground from last week’s surge; Reckitt Benckiser jumps 5%
    MarketWatch8 hours ago

    London markets lose ground from last week’s surge; Reckitt Benckiser jumps 5%

    LONDON MARKETS London markets were down on Monday, losing some of the advances made last week, with trading volumes potentially lower due to a U.S. holiday. Investor concerns remain over trade negotiation progress between the U.

  • USD/CAD Daily Price Forecast – The Pair Trades Rangebound Amid Holiday Thin Market
    FX Empire8 hours ago

    USD/CAD Daily Price Forecast – The Pair Trades Rangebound Amid Holiday Thin Market

    Bullish oil prices underpin Loonie fueling ongoing bearish price rally.

  • Gold Price Forecast – Gold markets continue to grind higher
    FX Empire9 hours ago

    Gold Price Forecast – Gold markets continue to grind higher

    Gold markets rallied a bit during the session on Monday to continue to show strength. We have been grinding higher for some time, so this shouldn’t be much of a surprise. Looking at this chart, it’s obvious that the buyers are very determined.

  • USD/JPY Price Forecast – US dollar finding support
    FX Empire9 hours ago

    USD/JPY Price Forecast – US dollar finding support

    The US dollar pulled back a little bit during the trading session on Monday, but then rallied to show signs of life again. The market has been very bullish as of late, but the last couple of days showed a bit of weakness. Now that we are starting to show signs of life, it looks likely that we continue to see buyers.

  • GBP/USD Price Forecast – British pound gaps higher to kick off week
    FX Empire9 hours ago

    GBP/USD Price Forecast – British pound gaps higher to kick off week

    The British pound gapped higher to kick off the week, breaking above the 1.2950 level. This is a good sign, and I think that the British pound is trying to come back into play with previous support underneath.

  • GBP/JPY Price Forecast – The Dragon starts the week strong
    FX Empire9 hours ago

    GBP/JPY Price Forecast – The Dragon starts the week strong

    The British pound gapped higher to kick off the week, and then continue to go higher. With that being the case, it’s likely that the market is looking at the US/China trade situation with a bit more optimism as this pair will be very sensitive to it.

  • EUR/USD Price Forecast – Euro showing signs of life again
    FX Empire9 hours ago

    EUR/USD Price Forecast – Euro showing signs of life again

    The Euro rallied during the trading session on Monday after forming a massive hammer on Friday. At this point, it looks like we are ready to go higher but we have a minor hurdle to overcome in the short term.

  • AUD/USD Price Forecast – Australian dollar rallies again
    FX Empire9 hours ago

    AUD/USD Price Forecast – Australian dollar rallies again

    The Australian dollar has rallied significantly during the trading session on Monday, showing signs of resiliency yet again. After breaking the top of the last couple of shooting stars, that’s a very bullish sign going forward, and I think we are going to make a move to the upside, perhaps the 200 day EMA.

  • Euro recovers versus dollar as trade optimism supports risk-taking
    Reuters10 hours ago

    Euro recovers versus dollar as trade optimism supports risk-taking

    The euro has been stuck in a trading range against the dollar for several months as growing weakness in the euro zone economy offset dwindling expectations the Federal Reserve will raise U.S. interest rates again this year. "Generally the mood is still quite positive on the outlook for trade," said Adam Cole, a currencies analyst at RBC Capital Markets, adding that he thought the "risk-on" mood would continue. You have a background of quite decent growth and a Fed that is putting rates on hold." However, he said a better way to play the Fed's pausing of rate increases was in dollar/yen, as more Japanese investors choose not to hedge purchases of dollar-denominated assets that already earn a decent yield after 2018's U.S. rate rise.

  • Pound Still Worried About Brexit
    FX Empire10 hours ago

    Pound Still Worried About Brexit

    The British Pound is still completely focused on the Brexit talks. This is the reason why the Pound plummeted significantly last week and the reason it managed to recover later.

  • Gold Price Prediction – Gold is Breaking Out and Headed for 2018 Highs
    FX Empire11 hours ago

    Gold Price Prediction – Gold is Breaking Out and Headed for 2018 Highs

    Soft US data is paving the way for higher gold prices

  • Reuters12 hours ago

    RBI to transfer 280 billion rupee interim surplus to government

    The central bank's board announced it after a post-budget meeting with Finance Minister Arun Jaitley and other ministry officials in New Delhi. This was on top of 500 billion rupees paid to the government in August 2018, including 100 billion rupees interim dividend paid in March 2018. Prime Minister Narendra Modi's government has been pushing the RBI for more money ahead of what is expected to be a tight national election due by May to fund a widening fiscal deficit.

  • Precious Metals Gain On Weak US Dollar
    FX Empire12 hours ago

    Precious Metals Gain On Weak US Dollar

    Optimism surrounding Sino-U.S. trade talks limits gains in the precious metals market but boosts crude oil price.

  • EUR/USD Mid-Session Technical Analysis for February 18, 2019
    FX Empire13 hours ago

    EUR/USD Mid-Session Technical Analysis for February 18, 2019

    The early price action shows support is the pivot at 1.1288. If this move creates enough upside momentum then look for buyers to make a run at 1.1342. Taking out this level will change the main trend to up.

  • Price of Gold Fundamental Daily Forecast – Supported by Forecasts for Weaker Global Economy
    FX Empire13 hours ago

    Price of Gold Fundamental Daily Forecast – Supported by Forecasts for Weaker Global Economy

    Gold has been resilient lately despite a stronger U.S. Dollar, rising Treasury yields and increased demand for higher risk assets. I think the demand is coming from investors reacting to forecasts for a weaker global economy.

  • Commodities Daily Forecast – February 18, 2019
    FX Empire14 hours ago

    Commodities Daily Forecast – February 18, 2019

    The gold prices rallied significantly during the Friday’s session, reaching towards the $1325 level. The weak economic numbers from the US and the Fed’s dovish attitude will keep supporting the gold prices higher and a break above $1325 level would send it towards $1350 level. The silver prices gapped higher during Friday’s session after testing for the support at the $15.50 level in the previous session.

  • Forex Daily Outlook – February 18, 2019
    FX Empire15 hours ago

    Forex Daily Outlook – February 18, 2019

    The pair is getting hammered due to ECB’s dovish attitude and weak economic numbers from the European Union. The pair is likely to continue consolidating between the 1.12 and 1.15 level and will also remain volatile.

  • Gold Price Futures (GC) Technical Analysis – Opens Week on Bullish Side of Major Retracement Zone
    FX Empire15 hours ago

    Gold Price Futures (GC) Technical Analysis – Opens Week on Bullish Side of Major Retracement Zone

    Based on last week’s close at $1322.10, the direction of the April Comex gold futures contract this week is likely to be determined by trader reaction to the major Fibonacci level at $1319.70.

  • GBP/USD Price Forecast – British Pound Positive On Dollar’s Weakness
    FX Empire15 hours ago

    GBP/USD Price Forecast – British Pound Positive On Dollar’s Weakness

    GBP trades range bound near previous session highs with a positive bias on Dollar’s weakness ahead of tomorrow’s employment update owing silent macro calendar schedule for the day.

  • Investing.com16 hours ago

    Gold Prices Rise Towards Fresh 10-Month High as Dollar Slips

    Investing.com - Gold prices edged higher on Monday, rising towards their best level since April as the U.S. dollar weakened on hopes the U.S. and China would hammer out an agreement resolving their protracted trade war.

  • AUD/USD Forex Technical Analysis – February 18, 2019 Forecast
    FX Empire17 hours ago

    AUD/USD Forex Technical Analysis – February 18, 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 Fibonacci level at .7153.

  • EUR/USD Price Forecast – EURO To Trade Positive On USD’s Weakness
    FX Empire18 hours ago

    EUR/USD Price Forecast – EURO To Trade Positive On USD’s Weakness

    Rangebound action in favor of Euro to continue owing to a silent macro calendar on both sides of the pair.

  • Rupee Goes From First to Last
    Bloomberg15 hours 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.

  • USD/JPY Fundamental Weekly Forecast – Will Rising Treasury Yields Boost Demand for Dollar?
    FX Empire18 hours ago

    USD/JPY Fundamental Weekly Forecast – Will Rising Treasury Yields Boost Demand for Dollar?

    The direction of the USD/JPY the rest of the week is likely to be determined once again by Treasury yields and the stock market. These market are likely to be largely influenced by U.S.-China trade negotiations. However, investors will also get a chance to react to the latest Federal Open Market Committee Meeting Minutes and the U.S. Durable Goods Orders.

  • AUD/USD and NZD/USD Fundamental Weekly Forecast – RBA Minutes: Look for Concerns Over Housing
    FX Empire19 hours ago

    AUD/USD and NZD/USD Fundamental Weekly Forecast – RBA Minutes: Look for Concerns Over Housing

    This week, the economic news shifts back to the Australian Dollar. The week will start with the Aussie supported by the resumption of trade talks between the United States and China, but this time in Washington. Both parties cited progress in last week’s trade talks which took place in Beijing.