• Expect a more transparent ECB going into September: Allia...
    CNBC Videos3 hours ago

    Expect a more transparent ECB going into September: Allia...

    Jorgen Kjaersgaard, head of global credit at AllianceBernstein, reacts to Thursday's European Central Bank monetary policy decision.

  • MarketWatch29 minutes ago

    Pound stumbles to 7-week low after U.K. GDP significantly disappoints

    The losses came after the Office for National Statistics said gross domestic product in the U.K. expanded by 0.1% in the first quarter, marking the slowest level of growth since the fourth quarter of 2012. Economists had expected a reading of 0.3%.

  • Reuters1 hour ago

    Euro zone inflation to rise but only gradually - ECB's Mersch

    FRANKFURT (Reuters) - Euro zone inflation will continue to rise but only slowly, European Central Bank board member Yves Mersch said on Friday, largely repeating the bank's policy message from its rate ...

  • Reuters1 hour ago

    Euro zone starts talking about life after the Greek bailout

    Euro zone finance ministers started discussions on Friday on Greece's exit from eight years of international bailouts, focussing on how Athens plans to boost economic growth and complete the remaining reforms agreed with its creditors. "We will focus on the conclusion of the (bailout) programme. Greece is to return to market financing on Aug. 20 after more than eight years of living on cheap euro zone loans it got in return for painful reforms, after investors refused to lend to it in 2010 because of its ballooning deficit and debt.

  • Cryptocurrency Prices Up; Defunct Crypto Exchange Sparks Price Crash Fears
    Investing.com3 hours ago

    Cryptocurrency Prices Up; Defunct Crypto Exchange Sparks Price Crash Fears

    Investing.com – Cryptocurrency prices rose on Friday morning in Asia. Reports that the defunct cryptocurrency exchange Mt Gox sparked concerns of an imminent price crash gathered some attention. Meanwhile, a hedge fund CEO voiced his optimism for the digital tokens.

  • Gold Prices Slide Along With A Softer Dollar
    Investing.com3 hours ago

    Gold Prices Slide Along With A Softer Dollar

    Investing.com – Gold prices slid on Friday morning as the dollar slipped along with the 10-year U.S. treasury yields that retreated to below the 3% mark.

  • UK and US GDP in Focus after Kim Jong Un crossed the DMZ
    FX Empire5 hours ago

    UK and US GDP in Focus after Kim Jong Un crossed the DMZ

    Kim Jong Un crosses the DMZ into South Korea, the Bank of Japan ditches a target date for inflation to hit its 2% objective as the markets look towards GDP numbers out of EU member states, the UK and the U.S later in the day.

  • Investing.com11 hours ago

    Bitcoin Falls as Traders Await Further Catalysts to Determine Direction

    Investing.com – Bitcoin edged lower on Thursday after struggling to hold above $9,000 as traders awaited further catalysts to determine direction.

  • Moody's11 hours ago

    Mexico, State of -- Moody's assigns A3/Aaa.mx ratings to State of Mexico's MXN 1.5 billion enhanced loan from BBVA Bancomer

    Moody's de México S.A. de C.V assigned Aaa.mx (Mexico National Scale) and A3 (Global Scale, local currency) ratings to the State of Mexico's MXN 1.5 billion enhanced loan from BBVA Bancomer. 1. The legal validity of the trust structure, which authorizes the trust to be used as a mechanism to service the debt.

  • Investing.com12 hours ago

    Gold Prices Edge Lower as Dollar Remains Firm

    Investing.com – Gold prices hovered above session lows as an ongoing dollar rally kept a lid on demand for the precious metal.

  • MarketWatch13 hours ago

    Euro slumps to 3-month low after failing to hold post-ECB gains

    The U.S. dollar rallied Thursday, posting gains versus major rivals, including the euro, which slumped after failing to hold initial gains scored following the European Central Bank’s policy meeting. The ECB left interest rates unchanged and renewed its pledge to continue asset purchases through the end of September. ECB President Mario Draghi played down soft first-quarter data in the eurozone, but also indicated that policy makers want to get a better grip on the causes of the slowdown before proceeding toward unwinding the bank’s ultraloose monetary policy.

  • Investing.com13 hours ago

    EUR/USD Plunge Keeps Dollar Rally Alive

    Investing.com – The dollar traded higher against a basket of major currencies on Thursday as a fall in bond yields was offset by euro weakness after European Central Bank president Mario Draghi delivered a mixed press conference.

  • Gold Prices Drop on Strong Dollar Gains
    FX Empire15 hours ago

    Gold Prices Drop on Strong Dollar Gains

    Gold prices moved lower as the ECB conveyed a dovish message, and U.S. jobless claims dropped pushing the 10-year yield higher which buoyed the greenback paving the way for lower gold prices.  Durable goods order was also better than expected for the headline number, but the internals showed some weakness especially business investment.Technicals

  • Forex- U.S. Dollar Rallies as Euro Falls
    Investing.com15 hours ago

    Forex- U.S. Dollar Rallies as Euro Falls

    The dollar gained ground on Thursday, as the euro fell after comments from European Central Bank President Mario Draghi. The euro was down, with EUR/USD falling 0.44% to 1.2106 as of 11:14 AM ET (15:14 GMT) as investors worry that the eurozone's economy is rebounding and the European Central Bank could wait to tighten monetary policy. Draghi said that Eurozone area growth is “solid and broad based”, before adding that the ECB didn't discuss plans for its June meeting.

  • The Euro Tumbles Through Support Following Dovish ECB Tone
    FX Empire15 hours ago

    The Euro Tumbles Through Support Following Dovish ECB Tone

    The EUR/USD moved lower on Thursday following the ECB’s meeting, where the central bank focused on weakening sentiment.  Draghi seemed to shrug off the weakness in the sentiment surveys but described the current level of monetary stimulus sufficient to handle the current softness. The EUR/USD broke down on Thursday as the tone of the ECB meeting was dovish.  The exchange rate pierced through the lows made in March at 1.2154 and are poised to test the 200-day moving average at 1.2004.  Resistance is seen near former support at 1.21.54 and then an upward sloping trend line that was the former breakdown level at 1.2245.  Momentum is negative as the MACD (moving average convergence divergence) is printing in the red with a downward sloping trajectory which points to lower prices. ECB didn’t discuss monetary policy, instead Draghi said officials discussed the situation in individual economies, amid the broad based slowdown in confidence indicators.

  • Gold Dips as U.S. Dollar Rallies
    Investing.com16 hours ago

    Gold Dips as U.S. Dollar Rallies

    Elsewhere on the Comex, silver futures were down 0.53% to $16.415 a troy ounce. Among other precious metals, Platinum Futures fell 0.30% to $910.00 while Palladium Futures surged 1.69% to $983.85 an ounce. Copper futures decreased 0.40% to $3.122 a pound.

  • EUR/USD, AUD/USD, GBP/USD and USD/JPY Daily Outlook – April 26, 2018
    FX Empire16 hours ago

    EUR/USD, AUD/USD, GBP/USD and USD/JPY Daily Outlook – April 26, 2018

    The pair went much lower during the Wednesday’s session reaching the 1.21 level, the area which has massive importance and was also the scene of a major breakout. A bounce from here will confirm the continuation of the upside trend but the pair is experiencing huge downward pressure due to rise in the yield of Treasury papers in the US. And, also lack of any clear direction from the ECB on monetary tightening is affecting the market. …Read MoreGBP/USD

  • USD Continues To Remain Positive Ahead of GDP Results Tomorrow
    FX Empire16 hours ago

    USD Continues To Remain Positive Ahead of GDP Results Tomorrow

    The pair consolidates ahead of important US data tomorrow

  • Stocks- Technology Stocks Lead Wall Street Rally
    Investing.com17 hours ago

    Stocks- Technology Stocks Lead Wall Street Rally

    Investing.com – Wall Street opened higher on Thursday, bolstered by strong earnings results from technology companies.The S&P 500 was up over 10 points or 0.40% to 2,650.08 as of 9:40 AM ET (13:40 GMT) while the Dow composite increased over 53 points or 0.22% to 24,137.80 and tech heavy NASDAQ Composite rose 63 points or 0.90% to 7,067.06.Technology stocks were much higher after stronger than expected earnings results.Facebook (NASDAQ:FB) surged 9.02% after its first-quarter results came in higher than expected. ...

  • Euro Hits Day Highs after Draghi, Dollar Rally Cools
    Investing.com17 hours ago

    Euro Hits Day Highs after Draghi, Dollar Rally Cools

    Investing.com - The euro rose to the day’s highs on Thursday after European Central Bank President Mario Draghi said euro area growth is “solid and broad based”, before adding that the ECB didn't discuss plans for its June meeting.

  • Brexit Woes Rise As US Bond Yields Continue To Pressure Sterling
    FX Empire17 hours ago

    Brexit Woes Rise As US Bond Yields Continue To Pressure Sterling

    The pair has been under extreme pressure since the beginning of the week

  • Cryptos Mixed as Bitcoin Stays at Three-Day Low
    Investing.com18 hours ago

    Cryptos Mixed as Bitcoin Stays at Three-Day Low

    Cryptocurrencies were mixed on Thursday, as Bitcoin remained near a three-day low. Bitcoin was trading at of $8,899.50, falling 2.77% as of 8:24 AM ET (12:24 GMT) on the Bitfinex exchange. The Chicago Board Options Exchange wants to lower the increments on its futures contracts, according to a letter to the Commodity Futures Trading Commission.

  • Dollar Eases From 3-1/2 Month Highs
    Investing.com18 hours ago

    Dollar Eases From 3-1/2 Month Highs

    Investing.com - The dollar eased back from three-and-a-half month highs against a currency basket on Thursday as investors took a breather after a recent rally driven by rising Treasury yields.

  • Reuters19 hours ago

    Confident Draghi lifts euro to day's highs; yields dip

    The euro held at the day's highs on Thursday after ECB President Mario Draghi presented a relatively confident outlook for the euro zone economy, contrary to some expectations that he would take a more cautious stance after recent weak data. After briefly falling to its lowest since mid-January at $1.2145 after the ECB's decision to keep policy unchanged, the single currency rebounded and was trading up 0.3 percent at the day's highs of $1.2210 after Draghi played down concern over recent softness in data. "If anything, he is a tad more hawkish than forecasts and he does not strike as being particularly concerned with the level of the euro either," said Neil Jones, head of hedge fund sales at Mizuho Bank Ltd in London.

  • Stocks- U.S. Futures Point to Higher Opening Bell
    Investing.com20 hours ago

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

    Investing.com – U.S. futures pointed to a slightly higher opening bell on Thursday as earnings season continued.The S&P 500 futures was up five points or 0.19% to 2,649.50 as of 6:49 AM ET (10:49 GMT) while Dow futures increased 40 points or 0.17% to 24,118.0. Meanwhile tech heavy Nasdaq 100 futures surged 35 points or 0.54% to 6,591.00A flurry of corporate earnings are expected on Thursday, including General Motors (NYSE:GM), Amazon.com (NASDAQ:AMZN), Microsoft (NASDAQ:MSFT), Starbucks (NASDAQ:SBUX), American Airlines Group (NASDAQ:AAL) and many others. ...