• Haven dollar touches 1½-year high as global growth worries dominate trading
    MarketWatch46 minutes ago

    Haven dollar touches 1½-year high as global growth worries dominate trading

    Currency markets attract flows into perceived havens on Friday, as risk appetite weakens on the back of weaker-than-expected data from the eurozone and China.

  • Investing.com58 minutes ago

    Gold Falls Again as Dollar Hits 19-Month Highs on China Scare

    Investing.com - It had to be one safe-haven or the other and the dollar triumphed at the expense of gold on Friday as signs of slowing growth in China sparked risk aversion across the globe.

  • China slowdown, Brexit grind pulls U.K. stock markets lower
    MarketWatch2 hours ago

    China slowdown, Brexit grind pulls U.K. stock markets lower

    LONDON MARKETS London markets ended lower on Friday, as slow Chinese business activity in November rebooted refreshed worries over global economic growth. Meanwhile, Brexit uncertainty continues to hang in the air amid a lack of signals U.

  • Cryptos slide further as bitcoin nears crucial$3,000 mark
    MarketWatch3 hours ago

    Cryptos slide further as bitcoin nears crucial$3,000 mark

    Bitcoin slid to yet another 15-month low, putting the world’s largest digital currency on track for consecutive losing weeks.

  • Investing.com4 hours ago

    Gold Inches Down as Traders Turn to U.S. Dollar

    Gold prices continued to fall on Friday, as demand for the U.S. dollar rose after upbeat retail sales alleviated fears of a slowing economy. Comex gold futures for February delivery slumped 0.6% to $1,239.50 a troy ounce as of 10:36 AM ET (15:36 GMT). The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, rose 0.55% to 97.59.

  • Investing.com4 hours ago

    U.S. Dollar Rises After Retail Sales

    Investing.com - The U.S. dollar was higher on Friday after better-than-expected retail sales and amid expectations that the Federal Reserve will raise rates next week.The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, rose 0.56% to 97.60 as of 10:02 AM ET (15:02 GMT).Retail sales accelerated in November, with core retail sales up 0.2%, alleviating fears of a slowing U.S. economy.Meanwhile investors are focused on an upcoming meeting of the U.S. central bank, which is expected to increase rates, with a 79. ...

  • Investing.com5 hours ago

    Stocks - Wall Street Falls on Global Growth Concerns

    The S&P 500 fell 27 points or 1% as of 9:30 AM ET (14:30 GMT), while the Dow decreased 189 points, or 0.7%, and the tech-heavy Nasdaq Composite slipped 88 points, or 1.2%.

  • Investing.com5 hours ago

    Cryptos Fall; Study Finds Fake Trading Still Dominates Bitcoin Volumes

    “Most of these pairs actual volume is under 1% of their reported volume on [CoinMarketCap]. We noted only 2 out of the top 25 pairs not to be grossly wash trading their volume, Binance and Bitfinex,” the report said.

  • Theresa May vows to get better Brexit deal
    MarketWatch6 hours ago

    Theresa May vows to get better Brexit deal

    The U.K. prime minister on Friday said she would able to secure the “further clarifications” to her Brexit deal that she needs to win the approval of British lawmakers.

  • Investing.com8 hours ago

    Stocks - U.S. Futures Fall Amid Fears of Slowing Global Growth

    Investing.com – U.S. futures slumped on Friday, as investors worry about slowing economic growth in China and elsewhere.The S&P 500 futures fell 22 points or 0.86% to 2,622.62 as of 6:40 AM ET (11:40 GMT) while Dow futures slumped 210 points, or 0.85%, to 24,361. Meanwhile tech heavy Nasdaq 100 futures decreased 70 points, or 1%, to 6,682.Retail sales in China posted their weakest growth in 15 years, increasing worry about the world’s second largest economy as the country is impacted by trade disputes with the U.S. ...

  • EUR/USD Mid-Session Technical Analysis for December 14, 2018
    FX Empire8 hours ago

    EUR/USD Mid-Session Technical Analysis for December 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 Fibonacci level at 1.1315. With the Fed raising rates next week and the economy showing signs of weakening in China and the Euro Zone, it’s going to take a lot to turn the EUR/USD around so our bias is likely to be toward the downside today.  

  • Investing.com9 hours ago

    U.S. Dollar Rises as Investors Look Ahead to Fed Meeting

    The U.S. dollar was higher on Friday, as investors turned their focus to the expected Federal Reserve rate increase next week, even as uncertainty over next year’s hikes kept gains in check. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, rose 0.5% to 97.52 as of 5:20 AM ET (10:20 GMT). "There is a lot of disagreement in the markets over the Fed's rate hike course in 2019 with traders expecting anywhere between one to four rate hikes," said Michael McCarthy, chief markets strategist at CMC markets.

  • USD/CAD Daily Price Forecast – USD/CAD Trades Positive on Safe Haven Demand For US Greenback
    FX Empire9 hours ago

    USD/CAD Daily Price Forecast – USD/CAD Trades Positive on Safe Haven Demand For US Greenback

    Weaker crude oil prices undermine Loonie and provide an additional boost to USD which is seeing increased demand in broad market.

  • Investing.com9 hours ago

    Gold Falls as Focus Turns to Fed

    Gold prices were lower on Friday, as the U.S. dollar rose in anticipation of a Federal Reserve rate hike next week. Comex gold futures for February delivery slumped 0.3% to $1,242.95 a troy ounce as of 4:51 AM ET (9:51 GMT). The Fed is expected to increase rates by 25 basis points at its next meeting on Wednesday, its fourth rate hike this year.

  • Price of Gold Fundamental Daily Forecast – Pressured as Dollar Surges to New High for Year
    FX Empire10 hours ago

    Price of Gold Fundamental Daily Forecast – Pressured as Dollar Surges to New High for Year

    Besides the stronger U.S. Dollar, it’s hard to find another strong fundamental for this week’s weakness in the gold market. Some of the move may be technically related. Not only did the market post a technically bearish reversal top on Monday, but it also broke key trend line support earlier today.

  • Gold Price Futures (GC) Technical Analysis – Downside Momentum Could Drive Market into 50% Level at $1236.70
    FX Empire12 hours ago

    Gold Price Futures (GC) Technical Analysis – Downside Momentum Could Drive Market into 50% Level at $1236.70

    The primary downside target zone at this time is $1236.70 to $1232.00. Since the main trend is up, we’re expecting to see buyers re-emerge on a test of this zone. The price action is expected to continue to be largely influenced by the direction of the U.S. Dollar. Other contributing factors to a further sell-off will be rising Treasury yields and increased demand for higher risk assets.

  • Commodities Daily Forecast – December 14, 2018
    FX Empire13 hours ago

    Commodities Daily Forecast – December 14, 2018

    The gold prices initially pulled back slightly during the Thursday’s session only to find enough bullish pressure to turn around and continue moving higher. The gold prices need to break above the $1260 level in the short term, in order to maintain the bullish sentiment and which will eventually send the price towards the $1275 level. The silver market remained bullish during the yesterday’s session trying to reach towards the $15 level which is a large, round, psychologically significant level.

  • Forex Daily Outlook – December 14, 2018
    FX Empire13 hours ago

    Forex Daily Outlook – December 14, 2018

    The Euro continued to trade sideways during the Thursday’s session, as the market looks confused with the Federal Reserve’s stance and some of its comments lately on the interest rate hike. The 1.13 level underneath and 1.1450 level above will be the major support and resistance point for the market. The British Pound rallied a bit during yesterday’s session but is likely to experience significant resistance above as both 200 Day EMA line and 1.27 level has turned resistive.

  • Precious Metals Decline As US Greenback Gained Strength Ahead of FOMC Update
    FX Empire13 hours ago

    Precious Metals Decline As US Greenback Gained Strength Ahead of FOMC Update

    Gold is defending 200-hour MA support amid risk-off in equities

  • Investors Positioning Ahead of Next Week’s Fed Monetary Policy Decision
    FX Empire13 hours ago

    Investors Positioning Ahead of Next Week’s Fed Monetary Policy Decision

    The Federal Open Market Committee (FOMC) will hold a two-day meeting on December 18-19. It is expected to raise its benchmark interest rate 25 basis points, however, the focus for investors will be on the number of rate hikes protected for next year. Expectations for further rate hikes in 2019 have tempered lately due to fears of weakening U.S. economic growth.

  • Investing.com13 hours ago

    Bitcoin Slips as Crypto Startup Basis Shuts Down

    Investing.com - Bitcoin and other major cryptocurrencies edged down on Friday morning in Asia, as digital token protocol Basis halted operations and returned its capital to investors due to regulatory concerns.

  • Investing.com13 hours ago

    Yuan Falls on Weak Chinese Data; Dollar Edges Up

    Investing.com - The yuan fell on Friday in Asia after China reported a set of weak data.

  • GBP/USD Price Forecast – GBP/USD Trades Flat As Brexit Woes Limit Upside Move Amid Sundued USD
    FX Empire14 hours ago

    GBP/USD Price Forecast – GBP/USD Trades Flat As Brexit Woes Limit Upside Move Amid Sundued USD

    The Brexit headlines might continue to act as an exclusive driver of the sentiment surrounding the British Pound in near future.

  • EUR/USD Price Forecast – EUR/USD Trades Flat Amid Lack of Trigger for Breakout in Either Direction
    FX Empire15 hours ago

    EUR/USD Price Forecast – EUR/USD Trades Flat Amid Lack of Trigger for Breakout in Either Direction

    the pair plays tug of war for upper hand as both sides lack decisive factor to push a breakout price action while fundamentals so far favor EUR bulls.

  • China Data Weighs Early, with Stats Putting the EUR and USD in Focus
    FX Empire19 hours ago

    China Data Weighs Early, with Stats Putting the EUR and USD in Focus

    Some weak numbers out of China this morning weighed on the Aussie Dollar and Kiwi Dollar early, with a busy economic calendar putting focus on the EUR & USD