• MARKETS: Goldman Sachs is right about stocks in midterm election years
    Yahoo Finance Video15 hours ago

    MARKETS: Goldman Sachs is right about stocks in midterm election years

    Yahoo Finance's Jared Blikre joins Seana Smith from the floor of the New York Stock Exchange to discuss a Goldman Sachs analyst note, which notes negative seasonality for equities in midterm election years heading into the election.

  • Investing.com12 hours ago

    Gold Prices to Post First Weekly Slump in Three Weeks as Dollar Edges Up

    Investing.com – Gold prices remained on course to snap a two-week winning streak as safe-haven demand faded amid easing geopolitical concerns, while continued dollar strength added to downside momentum.

  • MarketWatch13 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 as commodity prices push up inflation expectations.

  • Gold Drops as Dollar Gains Traction
    FX Empire15 hours ago

    Gold Drops as Dollar Gains Traction

    Gold prices moved lower sliding through support near the 10-day moving average which is now seen as resistance near 1,343.  Support is seen near an upward sloping trend line near 1,331. Momentum has turned negative as the MACD (moving average convergence divergence) index generated a crossover sell signal. This occurs as the MACD line (the 12-day moving average minus the 26-day moving average) crosses below the MACD signal line (the 9-day moving average of the MACD line).

  • The Dollar Gains Traction but Finishes Of Its Highs
    FX Empire15 hours ago

    The Dollar Gains Traction but Finishes Of Its Highs

    The dollar gained traction as 10-year treasury yields moved above 2.92%, driving up the value of the dollar and weighing on the currency pair.  German wholesale inflation accelerated higher but the dip in the Zew sparked concerns of a decline in German growth. Momentum has turned negative as the MACD (moving average convergence divergence) index generated a crossover sell signal. This occurs as the MACD line (the 12-day moving average minus the 26-day moving average) crosses below the MACD signal line (the 9-day moving average of the MACD line).

  • Forex- U.S. Dollar Set to End Week on Strong Note
    Investing.com16 hours 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.com16 hours 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.

  • Market Snapshot – Crypto Markets Looking Bullish
    FX Empire16 hours ago

    Market Snapshot – Crypto Markets Looking Bullish

    The crypto markets are looking bullish in the medium and long term

  • Stocks- Wall Street Slumps as Rising Bond Yields Weigh
    Investing.com16 hours 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.com17 hours 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.

  • MarketWatch17 hours 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.

  • Reuters19 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 ...