• Forex- U.S. Dollar Set to End Week on Strong Note
    Investing.com22 seconds ago

    Forex- U.S. Dollar Set to End Week on Strong Note

    Investing.com - The dollar surged on Friday, driven higher by a rising yield on U.S. Treasury notes.The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was at a two-week high, rising 0.59% to 90.17 by 10:32 AM ET (14:32 GMT)U.S. bond yields crept back up on Friday, with the United States 2-Year note climbing to its highest level since September 2008, at 2.449. The yield on the United States 10-Year Treasury note rose to 2.940.Prices fall as bond yields rise. A spike in U.S. ...

  • Gold Prices Slide as Dollar Gets a Bid
    Investing.com3 minutes ago

    Gold Prices Slide as Dollar Gets a Bid

    Investing.com - Gold prices headed lower on Friday as a rebound in the dollar put downward pressure on the precious metal.

  • Stocks- Wall Street Slumps as Rising Bond Yields Weigh
    Investing.com47 minutes ago

    Stocks- Wall Street Slumps as Rising Bond Yields Weigh

    Investing.com – Wall Street fell on Friday as investors digested earnings results and rising bond yields weighed eased traders appetite for risk.The S&P 500 was down over five and a half points or 0.21% to 2,687.49 as of 9:44 AM ET (13:43 GMT) while the Dow composite decreased 55 and a half points or 0.23% to 24,609.19 and tech heavy NASDAQ Composite fell nearly 37 points or 0.52% to 7,00.27.U.S. bond yields crept back up on Friday, with the United States 2-Year note climbing to its highest level since September 2008, at 2.449. ...

  • Bitcoin Rises; EU Passes Verification Rules for Crypto Exchanges
    Investing.com1 hour ago

    Bitcoin Rises; EU Passes Verification Rules for Crypto Exchanges

    Bitcoin and other virtual coins were higher on Friday as the European Union Parliament supported a move to require cryptocurrency exchanges to apply customer verification rules to their platforms. Under the measure, exchanges, platforms and wallet providers will have to apply due diligence procedures that are designed to combat money laundering. The rules would also reduce the amount for identifying holders of prepaid cards from €250 to €150.

  • MarketWatch1 hour ago

    Here’s why the pound got whipped this week — and why it may bounce back to $1.44

    Sterling kicked off the weak on a high note, rising to its strongest level since the Brexit vote. But enter disappointing data and a dovish Carney, and the rally has come to a screeching halt.

  • MarketWatch3 hours ago

    Dollar climbs to 2-week high, boosted by rising Treasury yields, pound drop

    The U.S. dollar heads higher against most rival currencies on Friday, helped by U.S. Treasury yields that rose on the back of a rally in commodity prices which pushed up inflation expectations.

  • Reuters3 hours ago

    Euro zone consumer confidence rises in April

    BRUSSELS (Reuters) - Euro zone consumer confidence unexpectedly rose in April, according to figures released by the European Commission on Friday. The European Commission said a flash estimate showed euro ...

  • Stocks- U.S. Futures Point to Weak Opening Bell
    Investing.com4 hours ago

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

    Investing.com – U.S. futures were mostly lower on Friday as bond yields in the U.S. rose.The S&P 500 futures was flat at 2,693.0 as of 6:49 AM ET (10:49 GMT) while Dow futures decreased 20 points or 0.08% to 24,617.0. Meanwhile tech heavy Nasdaq 100 futures fell 11 points or 0.17% to 6,768.25.U.S. bond yields crept back up on Friday, with the United States 2-Year note climbing to its highest level since September 2008, at 2.437. The yield on the United States 10-Year Treasury note rose to 2.921.Prices fall as bond yields rise. A spike in U.S. ...

  • EUR/USD Mid-Session Technical Analysis for April 20, 2018
    FX Empire5 hours ago

    EUR/USD Mid-Session Technical Analysis for April 20, 2018

    Based on the current price action, the direction of the EUR/USD the rest of the session is likely to be determined by trader reaction to the short-term Fibonacci level at 1.2290.

  • Forex- U.S. Dollar Rises as Bond Yields Jump
    Investing.com5 hours ago

    Forex- U.S. Dollar Rises as Bond Yields Jump

    Investing.com - The dollar was higher on Friday as the yield on U.S. Treasury notes rose to February levels and interest rate expectations offset trade war worries.The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was up 0.27% to 89.88 by 5:13 AM ET (9:13 GMT).U.S. bond yields crept back up on Friday, with the United States 2-Year note climbing to its highest level since September 2008, at 2.437. The yield on the United States 10-Year Treasury note rose to 2.916.Prices fall as bond yields rise. A spike in U.S. ...

  • Gold Prices Add to Weekly Losses in Range-Bound Trade
    Investing.com6 hours ago

    Gold Prices Add to Weekly Losses in Range-Bound Trade

    Investing.com - Gold prices continued the downward trend on Friday, adding to small weekly losses in relatively static trade.

  • USD Consolidates As Trading Session Comes to Close For The Week
    FX Empire8 hours ago

    USD Consolidates As Trading Session Comes to Close For The Week

    The pair has moved higher on the back of the decision of the BOC to hold rates

  • EUR/USD, AUD/USD, GBP/USD and USD/JPY Daily Outlook – April 20, 2018
    FX Empire8 hours ago

    EUR/USD, AUD/USD, GBP/USD and USD/JPY Daily Outlook – April 20, 2018

    The Euro chopped around the 1.2350 level during the Thursday’s session using it as a support. The uptrend line underneath should continue to keep this market in the positive momentum and also attract a lot of buyers. It is believed that until this market breaks above the 1.25 level, it will continue to consolidate around the region.

  • MarketWatch8 hours ago

    Pound crumbles after BOE’s Carney casts doubt over May rate hike

    The U.K. pound continued to slide Friday after Mark Carney, the governor of the Bank of England, took markets by surprise and hinted that the British central bank could hold off raising interest rates next month. In an interview with the BBC, Carney highlighted a recent run of disappointing data and the uncertainty over the final Brexit deal as he tried to temper expectations. “Prepare for a few interest rate rises over the next few years.

  • Crypto Continue to Rise; Bithumn To Issue Own Token In Singapore
    Investing.com9 hours ago

    Crypto Continue to Rise; Bithumn To Issue Own Token In Singapore

    Investing.com – Cryptocurrencies continued to rebound on Friday, while reports that South Korean-based crypto exchange Bithumn is considering to issue its own digital coins in Singapore garnered some attention.

  • Price of Gold Fundamental Daily Forecast – Rising Rates Making Gold Less-Desirable Investment
    FX Empire10 hours ago

    Price of Gold Fundamental Daily Forecast – Rising Rates Making Gold Less-Desirable Investment

    Gold is trading lower early Friday and is now lower for the week. The price action is being driven by expectations of higher U.S. interest rates and easing political tensions on North Korea and Syria.

  • Gold Prices Slide as Dollar Rises On Higher U.S. Yields
    Investing.com10 hours ago

    Gold Prices Slide as Dollar Rises On Higher U.S. Yields

    Investing.com – Gold prices were trading lower on Friday as the U.S. dollar rose amidst higher 10-year U.S. treasury yields.

  • Forex – Dollar Rises; Yen in Focus As Japan’s CPI Drops
    Investing.com11 hours ago

    Forex – Dollar Rises; Yen in Focus As Japan’s CPI Drops

    Investing.com – The dollar rallied against other major Asian currencies on Friday morning. Japan’s inflation data were in focus on Friday as investors looked for cues for the country’s monetary policy.

  • EURUSD Continues on Range bound Movement
    FX Empire11 hours ago

    EURUSD Continues on Range bound Movement

    The pair continues to be in range ahead of the FOMC next week

  • GBPUSD Takes a Bearish Hit over EU & BOE Woes
    FX Empire11 hours ago

    GBPUSD Takes a Bearish Hit over EU & BOE Woes

    The pair dropped lower on worries of weak economic data

  • Profit-Taking, Stronger Dollar Cool Hot Commodities
    FX Empire11 hours ago

    Profit-Taking, Stronger Dollar Cool Hot Commodities

    Commodities have been a hot topic this week, particularly crude oil and base metals. Traders are saying that threats of a trade war and continued signs of global growth may be combining to create opportunities investors haven’t seen in a number of years.

  • Inflation and Retail Sales Puts the Loonie in Focus
    FX Empire12 hours ago

    Inflation and Retail Sales Puts the Loonie in Focus

    Inflation numbers out of Japan eased in March, giving the BoJ little reason to make a near-term move, with U.S Treasury yields hitting the Asian markets. Retail Sales and Inflation numbers out of Canada the main event for the day ahead.

  • Higher U.S. Treasury Yields Driving U.S. Dollar Strength
    FX Empire13 hours ago

    Higher U.S. Treasury Yields Driving U.S. Dollar Strength

    The current price action indicates that the relatively optimistic view about the U.S. economy should be enough to support the Fed’s notion to raise interest rates at least two more time in 2018. Some traders are even pricing in as many as three rate hikes.

  • Gold gives up gains during Thursday trading
    FX Empire13 hours ago

    Gold gives up gains during Thursday trading

    Gold markets initially rally during the day on Thursday but gave up gains as we broke below the $1350 level again. However, I think there is plenty of support underneath, so I think it’s only a matter of time before the buyers step in and start pushing higher again.

  • US dollar chops around against the Japanese yen on Thursday
    FX Empire13 hours ago

    US dollar chops around against the Japanese yen on Thursday

    The greenback continued to go back and forth during trading on Thursday, as the 107.50 level should continue to be an area of interest. I believe that if we can break above this level, then we could see a significant move towards the vital 108 level.