• Investing.com24 minutes ago

    Gold Prices Flat as Geopolitical Uncertainty Offsets Dollar Pressure

    Investing.com – Gold prices traded flat on Tuesday pressured by a rally in the dollar to six-month highs but losses were limited as rising geopolitical uncertainty triggered demand for safe-haven assets.

  • Investing.com1 hour ago

    Dollar Rides Euro Slump to 6-Month High Ahead of Fed Minutes

    Investing.com – The dollar remained at six month highs against its rivals on Wednesday following mostly bullish data pointing to underlying strength in the U.S. economy, while a sharp decline in both the pound and euro supported upside momentum.

  • Forex- Dollar Surges Ahead of Fed Minutes
    Investing.com3 hours ago

    Forex- Dollar Surges Ahead of Fed Minutes

    The greenback rose to a five month high on Wednesday, as investors look ahead to the latest meeting minutes from the Federal Reserve. Investors will be looking to the Fed meeting minutes at 2:00 PM ET (18:00 GMT) closely for any signs of tightening monetary policy. A recent increase in bond yields, along with positive economic data and rising inflation, has boosted expectations that the Federal Reserve will increase interest rates and tighten monetary policy.

  • MarketWatch3 hours ago

    Italy president asks Giuseppe Conte to form government: reports

    Italy President Sergio Mattarella on Wednesday asked law professor Giuseppe Conte to form a government, news reports said, putting a pair of populist parties on the cusp of power. Conte, a political unknown, was selected as a compromise candidate by the leaders of the 5 Star Movement and the League, who agreed to form a coalition government in the wake of March elections that had failed to produce a conclusive result. Conte must now draw up a list of cabinet ministers and submit them to the president for approval before taking office, according to Politico.

  • Gold Falls as Investors Look Ahead to Fed Meeting Minutes
    Investing.com3 hours ago

    Gold Falls as Investors Look Ahead to Fed Meeting Minutes

    Gold prices were lower on Wednesday, as investors looked ahead to the meeting minutes of the Federal Reserve and the dollar strengthened. Comex gold futures for June delivery were down 0.24% to $1,288.90 a troy ounce as of 10:34 AM ET (14:34 GMT). Investors are looking ahead to the latest meeting minutes from the Federal Reserve.

  • Stocks- Wall Street Falls Amid Geopolitical Concerns
    Investing.com4 hours ago

    Stocks- Wall Street Falls Amid Geopolitical Concerns

    The S&P 500 was down nine points or 0.35% to 2,714.88 as of 9:44 AM ET (13:44 GMT) while the Dow composite decreased over 74 points or 0.30% to 24,759.55 and tech heavy NASDAQ Composite fell 23 points or 0.32% to 7,354.64.

  • MarketWatch5 hours ago

    Here’s why emerging-market carnage is boosting the Japanese yen

    Traditional haven currencies, such as Japan’s yen and, to a lesser extent, the Swiss franc, were on the rise on Wednesday as trade and geopolitical concerns came back into focus and the selloff in high-yielding emerging markets assets intensified. President Donald Trump on Tuesday said he wasn’t happy with how trade talks between the U.S. and China were progressing, and said the much anticipated U.S.-North Korea summit planned for next month in Singapore might not go ahead as planned, which sent ripples through global financial markets. The Swiss franc, which is also considered a haven currency though its moves tend to be more muted, rose 0.5% against the (EURCHF).

  • Cryptos Fall as Bitcoin Slumps Below $8,000
    Investing.com6 hours ago

    Cryptos Fall as Bitcoin Slumps Below $8,000

    The volatility of the digital asset market could have more to do with how investors feel than other factors that usually impact fiat currencies, a research paper from the University of Warwick found.

  • Market Snapshot –
    FX Empire6 hours ago

    Market Snapshot –

    The gold prices and the stock markets move in opposite directions

  • Reuters7 hours ago

    Euro zone consumer confidence dips slightly in May

    BRUSSELS (Reuters) - Euro zone consumer confidence dipped slightly in May against expectations for no change, figures released by the European Commission showed on Wednesday. The European Commission said ...

  • Stocks- U.S. Futures Lower Amid Geopolitical Worries
    Investing.com7 hours ago

    Stocks- U.S. Futures Lower Amid Geopolitical Worries

    Investing.com – U.S. futures pointed to a lower opening bell on Wednesday amid fresh trade war concerns.The S&P 500 futures was down 17 points or 0.64% to 2,736.50 as of 6:45 AM ET (10:45 GMT) while Dow futures decreased 188 points or 0.76% to 24,657.0. Meanwhile tech heavy Nasdaq 100 futures fell 67 points or 0.98% to 6,841.50.Sentiment on Wall Street was dampened on Tuesday after U.S. President Donald Trump said he was not pleased with how the U.S.-China trade talks were going. He also said there were doubts about whether or not a U.S.-North Korea summit would take place on June ...

  • Top 5 Things to Know in the Market on Wednesday
    Investing.com8 hours ago

    Top 5 Things to Know in the Market on Wednesday

    Investing.com - Here are the top five things you need to know in financial markets on Wednesday, May 23:

  • EUR/USD Mid-Session Technical Analysis for May 23, 2018
    FX Empire9 hours ago

    EUR/USD Mid-Session Technical Analysis for May 23, 2018

    Based on the early trade, the direction of the EUR/USD is likely to be determined by trader reaction to the former bottom at 1.1712.

  • Forex- Euro, Pound Fall After Disappointing Data
    Investing.com9 hours ago

    Forex- Euro, Pound Fall After Disappointing Data

    The dollar was down against the safe haven yen, with USD/JPY falling 0.90% to 109.89.

  • Gold Prices Hold Near Worst Level Of 2018 Ahead Of Fed Minutes
    Investing.com11 hours ago

    Gold Prices Hold Near Worst Level Of 2018 Ahead Of Fed Minutes

    Investing.com - Gold prices were on the back foot in early dealings on Wednesday, hovering near the lowest levels of the year as investors waited for minutes from the Federal Reserve's meeting for clues on the outlook for U.S. interest rates.

  • GBP/JPY Direct Drop After the Bearish SHS
    FX Empire11 hours ago

    GBP/JPY Direct Drop After the Bearish SHS

    The GBP/JPY has dropped after the bearish SHS variant has been formed in 4h time frame. We can see how the trend line break caused a direct drop to W L5 camarilla pivot. This is the important zone 147.00-15. We might see a spike towards a retest of trend line break or a further drop towards M L5. Watch for either bearish continuation or a bounce.

  • MarketWatch11 hours ago

    Dollar mostly gains, but falls vs. yen on haven demand

    The dollar climbed against most of its rivals early Wednesday, but lost ground vs. the yen as geopolitical worries spurred buying in Japan’s haven currency. Victor Reklaitis is a London-based markets writer for MarketWatch.

  • EURUSD, AUDUSD and GBPJPY – All three drop like a rock
    FX Empire12 hours ago

    EURUSD, AUDUSD and GBPJPY – All three drop like a rock

    Another instrument where it can be seen is the AUDUSD, where the price is going down weakened by the false breakout of the neckline of the iH&S formation. GBPJPY dropped like a rock and is now reaching an ultimate selling place.

  • USDCAD Erases Losses As Oil Price Goes Down
    FX Empire12 hours ago

    USDCAD Erases Losses As Oil Price Goes Down

    The pair has managed to recover on the back of oil price weakness

  • GBPUSD Moves Flat Ahead of Inflation Data Update
    FX Empire12 hours ago

    GBPUSD Moves Flat Ahead of Inflation Data Update

    The pair continues to remain flat

  • Gold Prices Little Changed Amid Firmer Dollar
    Investing.com13 hours ago

    Gold Prices Little Changed Amid Firmer Dollar

    Investing.com – Gold prices were little changed on Wednesday as the dollar held on to gains after climbing to a fresh new high this year on Monday.

  • EURUSD Turns Range Bound Ahead of Preliminary PMI Data Update
    FX Empire14 hours ago

    EURUSD Turns Range Bound Ahead of Preliminary PMI Data Update

    The pair has been under pressure over the last couple of weeks

  • Price of Gold Fundamental Daily Forecast – Will Fed Minutes Reveal Greater Than Expected Concerns Over Rising Inflation?
    FX Empire15 hours ago

    Price of Gold Fundamental Daily Forecast – Will Fed Minutes Reveal Greater Than Expected Concerns Over Rising Inflation?

    Traders will be looking for clues in the minutes on the outlook for U.S. interest rates. A hawkish interpretation of the minutes could send interest rates and the U.S. Dollar higher, while putting pressure on dollar-denominated gold.

  • Nat Gas Spikes Higher on Weather Concerns
    FX Empire16 hours ago

    Nat Gas Spikes Higher on Weather Concerns

    Warmer weather should boost demand, which would curtail the pace of weekly injections, meaning the current supply deficit may not be filled in time for the start of the summer cooling season.

  • Gold markets rally initially, but roll over on Tuesday
    FX Empire17 hours ago

    Gold markets rally initially, but roll over on Tuesday

    Gold markets rallied a bit during the day on Tuesday, reaching as high as $1296, before pulling back in signs of resistance. Ultimately, there is a lot of resistance just above, but I do like go longer-term, as I think geopolitical concerns could put a bit of juice into this market. Short-term though, the US dollar continues to be a major issue.