• Day Ahead: Top 3 Things to Watch
    Investing.com2 hours ago

    Day Ahead: Top 3 Things to Watch

    Investing.com - Here’s a preview of the top 3 things that could rock markets tomorrow

  • Investing.com5 hours ago

    Gold Prices Edge Lower as Dollar Claws Back Losses

    Investing.com – Gold prices traded roughly unchanged on Tuesday as the dollar’s rebound from session lows kept a lid on upside momentum in the precious metal ahead of the release of the Federal Reserve’s May meeting minutes.

  • Investing.com6 hours ago

    Dollar off Lows as Sterling, Euro Resume Trend Lower

    Investing.com – The dollar moved off session lows as the euro reversed its earlier gains amid ongoing political uncertainty in Italy, while the pound resumed its downward trend adding to dollar strength.

  • Forex- U.S. Dollar Struggles to Stay at Five-Month High
    Investing.com7 hours ago

    Forex- U.S. Dollar Struggles to Stay at Five-Month High

    The dollar struggled to stay near a five-month high on Tuesday as investors look ahead to the Fed minutes. The Federal Reserve releases the latest minutes from its monetary policy meeting on Wednesday. Investors will be looking closely for any sign of tightening monetary policy.

  • Market Snapshot – Gold Prices Get Some Relief
    FX Empire8 hours ago

    Market Snapshot – Gold Prices Get Some Relief

    The gold prices got some relief on dollar weakness

  • Gold Consolidates but Downtrend Remains Intact
    FX Empire8 hours ago

    Gold Consolidates but Downtrend Remains Intact

    Gold prices consolidated forming a doji day where the open and the close are at the same level which reflects indecision. Prices are hovering below resistance after tumbling into a new range, and are poised to test lower levels. Resistance is seen near the 10-day moving average at 1,301, while support is seen near the December lows at 1,240. The 10-day moving average crossed below the 200-day moving average which relates that a short-term down trend is now in place. Short-term momentum has turned positive as the fast stochastic generated a crossover buy signal in oversold territory.

  • The EUR/USD Consolidates but Down Trend Remain Intact
    FX Empire8 hours ago

    The EUR/USD Consolidates but Down Trend Remain Intact

    The EUR/USD bounced slightly on Tuesday but the trend for a lower exchange rate remains intact. U.S. yields edged lower, easing pressure on the currency pair despite a jump in the U.S. Philly Fed services index.  U.S. chain store sales fell in the latest week, while the ECB is focused on Italy. The EUR/USD attempted to rebounded but ran into resistance near the 10-day moving average at 1.1841.

  • Gold Prices Hold Near 2018 Low
    Investing.com8 hours ago

    Gold Prices Hold Near 2018 Low

    Investing.com - Gold prices inched higher on Tuesday as increased risk appetite limited gains in the precious metal, keeping it close to the low for the year hit a day earlier.

  • Stocks- Wall Street Continues to Rise on U.S., China Trade Talks
    Investing.com9 hours ago

    Stocks- Wall Street Continues to Rise on U.S., China Trade Talks

    China said Tuesday it would cut import tariffs for automobiles and some car parts starting on July 1. Tariffs would be lowered to 15% from the current 20% to 25%, while tariffs on auto parts would be cut to 6%.

  • Reuters9 hours ago

    Bulgaria does not meet all euro entry criteria, Commission to say

    Euro-hopeful Bulgaria does not yet meet the criteria to adopt the single currency, the European Commission will say on Wednesday in an assessment of European Union countries that must one day switch to the euro. Unlike bigger and richer EU countries that still use their own currency, such as Sweden and Poland, Bulgaria, the EU's poorest member, is eager to join the euro zone and wants to begin the two-year waiting period in May or June. Apart from Britain, which will leave the EU next year, and Denmark, which has a permanent exemption from adopting the euro, all EU countries are legally obliged to join the single currency once they meet all the criteria.

  • Cryptos Lower; Mining Company Launches $2 Billion IPO
    Investing.com10 hours ago

    Cryptos Lower; Mining Company Launches $2 Billion IPO

    Cryptocurrencies were lower on Tuesday, with Bitcoin nearing the $8,000 mark, not far from last week’s low of $7,972.40. Bitcoin was trading at $8,201.10, falling 3.45% as of 8:20 AM ET (12:20 GMT) on the Bitfinex exchange. Despite the decrease in digital asset values, the second largest Bitcoin mining firm has announced plans to raise $2 billion in an initial public offering in July.

  • Stocks- U.S. Futures Continue Rally as China Cuts Vehicle Import Tariffs
    Investing.com12 hours ago

    Stocks- U.S. Futures Continue Rally as China Cuts Vehicle Import Tariffs

    Investing.com – Wall Street looked set to continue its rally on Tuesday, as trade war worries between the U.S. and China eased.The S&P 500 futures was up three points or 0.13% to 2,736.50 as of 6:44 AM ET (10:44 GMT) while Dow futures increased 41 points or 0.16% to 25,043.0. Meanwhile tech heavy Nasdaq 100 futures rose 22 points or 0.32% to 6,938.00.China said Tuesday it would cut import tariffs for automobiles and some car parts starting on July 1. Tariffs would be lowered to 15% from the current 20% to 25%, while tariffs on auto parts would be cut to 6%. ...

  • Market Exclusive13 hours ago

    Regulators Disclose Plan To Crack Down On Cryptocurrency Investment Schemes

    Regulators in Canada and in the U.S. have disclosed that they will soon launch an expansive crackdown on a number of the cryptocurrency investment schemes. The same message was also echoed on Monday by the North American Securities Administrators Association. SEE: China’s IFCERT Tracks Down 421 Fake Cryptocurrencies; 60% Run By Overseas Servers The launch of […] The post Regulators Disclose Plan To Crack Down On Cryptocurrency Investment Schemes appeared first on Market Exclusive.

  • Dollar Pulls Back From 5-Month High as BoE Governor Testifies
    Investing.com13 hours ago

    Dollar Pulls Back From 5-Month High as BoE Governor Testifies

    Investing.com - The dollar pulled back from a five-month high against major rivals on Tuesday, as traders opted to take profits after the recent rally, while Forex traders focused on testimony to the UK Treasury Select Committee.

  • Gold Price Futures (GC) Technical Analysis – May 22, 2018 Forecast
    FX Empire14 hours ago

    Gold Price Futures (GC) Technical Analysis – May 22, 2018 Forecast

    Based on the early trade, the direction of the gold market the rest of the session is likely to be determined by trader reaction to the major Fibonacci level at $1296.20.

  • Gold Prices Edge Higher But Stay Near Yearly Lows
    Investing.com15 hours ago

    Gold Prices Edge Higher But Stay Near Yearly Lows

    Investing.com - Gold prices were little changed in early dealings on Tuesday, hovering not far off a 2018 low struck in the previous session, as improved appetite for riskier assets sapped demand for the yellow metal.

  • CAD Gains as US Dollar Stagnates Over Mixed Signals from FOMC Members
    FX Empire17 hours ago

    CAD Gains as US Dollar Stagnates Over Mixed Signals from FOMC Members

    The pair has pushed below 1.28 which now opens up 1.25

  • USD/JPY Progressive Zig-Zag Potentially Targeting 111.60
    FX Empire17 hours ago

    USD/JPY Progressive Zig-Zag Potentially Targeting 111.60

    The USD/JPY has formed a progressive Zig-Zag pattern and at this point it seems like bullish momentum is shaping up for a new push higher. 110.90-111.05 is the POC zone and if the price manages to stay above 110.70 we might see higher levels. Next targets are 111.35, 111.61 and 111.77. Watch for a potential bounce from the POC zone.

  • Price of Gold Fundamental Daily Forecast – Weaker Dollar Driving Short-Covering Rally
    FX Empire17 hours ago

    Price of Gold Fundamental Daily Forecast – Weaker Dollar Driving Short-Covering Rally

    A dip in Treasury yields and the U.S. Dollar could be supportive for gold over the short-run as investors prepare for the release of the latest Fed meeting minutes on Wednesday at 1800 GMT.

  • EUR/USD, AUD/USD, GBP/USD and USD/JPY Daily Outlook – May 22, 2018
    FX Empire17 hours ago

    EUR/USD, AUD/USD, GBP/USD and USD/JPY Daily Outlook – May 22, 2018

    The market started off the week with a positive momentum bouncing higher from the 1.17 level which offered enough psychological support. The 1.18 level on the top is an important psychological resistance and market can witness some selling pressure from there.

  • AUDJPY with a beautiful inverse head and shoulder formation
    FX Empire18 hours ago

    AUDJPY with a beautiful inverse head and shoulder formation

    The end of the last week and the start of this one are great for the currencies from the antipodes: AUD and NZD. In the battle of those two, the AUD seems a bit stronger, that is why we will focus on the first one. On the AUDJPY, we can see a very interesting buying opportunity.

  • GBPUSD Turns Range bound Ahead of Inflation Report
    FX Empire19 hours ago

    GBPUSD Turns Range bound Ahead of Inflation Report

    The pair awaits further data scheduled to be released today and later in the week

  • USD/JPY Fundamental Daily Forecast – Bank of Japan Core CPI Misses Expectations
    FX Empire19 hours ago

    USD/JPY Fundamental Daily Forecast – Bank of Japan Core CPI Misses Expectations

    The direction of the Forex pair the rest of the week is likely going to be controlled by the comments of several Fed officials and the minutes of the U.S. central bank’s last monetary policy meeting due to be released on Wednesday at 1800 GMT. Regarding the minutes, investors will focus on the Fed’s inflation outlook.

  • EURUSD Recovers From Yesterday’s Loss Post Mixed Signal from FOMC Members Speech
    FX Empire20 hours ago

    EURUSD Recovers From Yesterday’s Loss Post Mixed Signal from FOMC Members Speech

    The pair has been able to recover a bit over the last 24 hours

  • BoE Governor Carney and the GBP in Focus
    FX Empire20 hours ago

    BoE Governor Carney and the GBP in Focus

    A quiet day on the economic data front leaves the markets to consider what lies ahead, while BoE Governor Carney could catch the markets napping this morning should he deliver a surprise on the policy front.