• Dollar Falls as Yen Rises; Sterling up on Brexit Deal Hopes
    Investing.com2 hours ago

    Dollar Falls as Yen Rises; Sterling up on Brexit Deal Hopes

    Investing.com - The dollar fell against its rivals Tuesday as risk-off sentiment boosted the yen, while a rise in sterling also weighed amid reports the EU may offer UK Prime Minister Theresa May a UK-wide customs union to clinch a Brexit deal.

  • Turkish lira weakens anew; haven currencies gain on rising political tensions
    MarketWatch4 hours ago

    Turkish lira weakens anew; haven currencies gain on rising political tensions

    Haven currencies like the Japanese yen gain on Tuesday in response to geopolitical headlines troubling investors.

  • Italy is ‘the No. 1 risk factor in the fourth quarter’ for European investments
    MarketWatch6 hours ago

    Italy is ‘the No. 1 risk factor in the fourth quarter’ for European investments

    Italy’s quarrel with the European Union is eroding faith in European assets, says Alessio de Longis, a portfolio manager at OppenheimerFunds.

  • Gold Prices Rally to 3-Month High in Risk-off Trade
    Investing.com8 hours ago

    Gold Prices Rally to 3-Month High in Risk-off Trade

    Investing.com - Gold prices rallied to a three-month high on Tuesday, as a slew of geopolitical and economic concerns soured sentiment, prompting investors to flock to safe-haven assets.

  • Will Italy Provoke Another Euro Zone Crisis?
    FX Empire8 hours ago

    Will Italy Provoke Another Euro Zone Crisis?

    I don’t think we’ve reached the point of Italy leaving the Euro Zone, but we are starting to see the fear of contagion set in with global equity markets plunging on today’s news. Investors are saying where there’s smoke, there’s fire. They would rather sell first and ask questions later. That’s where we are at right now, but it’s not going to take much more to escalate concerns.

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

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

    Based on the early price action, the direction of the EUR/USD on Tuesday is likely to be determined by trader reaction to 1.1433 to 1.1432. Traders are vigorously defending these levels because they are potential trigger points of an acceleration to the downside.

  • MarketWatch9 hours ago

    European Commission rejects Italy's 2019 budget plan

    The European Commission on Tuesday rejected Italy's proposed 2019 budget, news reports said, a move that threatens to heighten a dispute between the European Union and Italy's populist government over European Union fiscal rules. The commission, which is the executive body of the European Union, gave Italy three weeks to come up with a new proposal, but Italy Prime Minister Giuseppe Conte previously said there was no "Plan B," according to Bloomberg. Italy has targeted a deficit equal to 2.4% of gross domestic product in 2019, triple the previous government's plans. Italian government bonds weakened after the decision, with the yield on the 10-year bond up 10.7 basis points to 3.584%. The euro was off slightly versus the dollar at $1.1457.

  • Euro zone consumer sentiment rises slightly in October
    Reuters9 hours ago

    Euro zone consumer sentiment rises slightly in October

    BRUSSELS (Reuters) - Euro zone consumer sentiment rose slightly in October, against expectations of a decline, according to figures released on Tuesday. The European Commission said a flash estimate showed ...

  • Bitcoin drifts lower, but takes back seat to global equity weakness
    MarketWatch10 hours ago

    Bitcoin drifts lower, but takes back seat to global equity weakness

    Bitcoin prices are trading lower Tuesday on light volumes as market watchers have their eyes on the global equity moves.

  • Stocks - Dow Futures Point to Triple-Digit Drop Amid Global Selloff
    Investing.com10 hours ago

    Stocks - Dow Futures Point to Triple-Digit Drop Amid Global Selloff

    Investing.com - U.S. futures pointed to sharp declines at the open Tuesday as a raft of geopolitical and economic concerns soured sentiment for global equities and investors awaited a slew of blue-chip earnings.

  • Equities Sink On Global Tensions, VIX Jumps 20%; Earnings Still In Focus
    FX Empire11 hours ago

    Equities Sink On Global Tensions, VIX Jumps 20%; Earnings Still In Focus

    Global stocks continue to fall on Tuesday. Asian markets were down the most and the European markets were down an average -1.0% to -2.0% at mid-day. VIX, the fear index jumps more than 20%.

  • Top 5 Things to Know in The Market on Tuesday
    Investing.com11 hours ago

    Top 5 Things to Know in The Market on Tuesday

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

  • How to Trade the CAD Ahead of the BOC Meeting?
    FX Empire12 hours ago

    How to Trade the CAD Ahead of the BOC Meeting?

    The Bank of Canada will release the interest rate on October 24, the market is looking for a rate hike. Let’s consider currency pairs that will be affected by the decision of the BOC the most.

  • USD/CAD Daily Price Forecast – USD/CAD Limits Downside Move on Softer Crude Oil Price As Investors Focus on BOC Rate Decision
    FX Empire12 hours ago

    USD/CAD Daily Price Forecast – USD/CAD Limits Downside Move on Softer Crude Oil Price As Investors Focus on BOC Rate Decision

    Fresh selling in Oil caps the downside, as the focus shifts to the BOC rate hike plans.

  • Investing.com13 hours ago

    Yen Strengthens In Risk-Off Trade as Geopolitical Risks Weigh

    Investing.com - The yen strengthened on Tuesday as a slew of geopolitical risk factors bolstered safe haven demand for the Japanese currency, while the dollar dipped against a currency basket.

  • EUR/USD Countertrend Move Possible at 1.1430
    FX Empire15 hours ago

    EUR/USD Countertrend Move Possible at 1.1430

    The EUR/USD has formed a regular bullish divergence straight at D L3 and H4 Lower Band. We might see a countertrend move if the zone holds tight.

  • Gold shines again! USDJPY and GBPUSD on the back foot
    FX Empire15 hours ago

    Gold shines again! USDJPY and GBPUSD on the back foot

    The first video from our Analytical team this week starts with the analysis of the Gold, where we do have a new buy signal as we speak. The price eventually broke the upper line of the pennant and went higher. The second instrument is the USDJPY, which wasted a great chance for a buy signal.

  • Global Stocks Trade Lower as World Markets Quickly Shaken Off the Positive Sentiment
    FX Empire15 hours ago

    Global Stocks Trade Lower as World Markets Quickly Shaken Off the Positive Sentiment

    Global stock markets trade lower on Tuesday morning as the Chinese rally fades and on increased geopolitical tensions.

  • Gold Prices Edge Up Amidst Weakening Asian Shares
    Investing.com15 hours ago

    Gold Prices Edge Up Amidst Weakening Asian Shares

    Investing.com - Gold prices inched up on Tuesday morning in Asia as Asian stock markets fell amidst escalating geopolitical tensions over the killing of journalist Jamal Khashoggi and concerns over Italy’s budget.

  • Price of Gold Fundamental Daily Forecast – Stock Market Weakness, Volatility Will Feed Rally
    FX Empire15 hours ago

    Price of Gold Fundamental Daily Forecast – Stock Market Weakness, Volatility Will Feed Rally

    After consolidating in a tight range for over a week, gold is finally breaking out to the upside early Tuesday. The size of the rally today will likely be determined by the volatility and the direction of U.S. equity markets as well as whether the breakout is being fueled by short-covering, new buying or a combination of the two.

  • Yen Gains on Safe-Haven Demand; Dollar Also Rises
    Investing.com15 hours ago

    Yen Gains on Safe-Haven Demand; Dollar Also Rises

    Investing.com - The Japanese yen, a safe haven in uncertain times, firmed against the dollar on Tuesday amid further political uncertainty in Europe over Italy’s spending plans. The U.S. dollar index also rose.

  • Precious Metals Edge Up On Increasing Tensions Over Multiple Geo-Political Issues
    FX Empire16 hours ago

    Precious Metals Edge Up On Increasing Tensions Over Multiple Geo-Political Issues

    Geopolitical tensions are escalatinggeopoliticaland that has brought safe-haven buying resulting positive price action in both gold and silver despite broad-based firm USD in global markets.

  • Commodities Daily Forecast – October 23, 2018
    FX Empire16 hours ago

    Commodities Daily Forecast – October 23, 2018

    The gold prices pulled back slightly during the Monday’s session, as strength in the USD is keeping the market under pressure. The silver prices fell during yesterday’s session due to overall weakness in the currency as well as the commodity market. The crude prices fell during yesterday’s session reaching down to the $68.50 level, as it is trying to find some support.

  • Forex Daily Outlook – October 23, 2018
    FX Empire16 hours ago

    Forex Daily Outlook – October 23, 2018

    Right now, the pair has breached the important support level at 1.15 level and hovering just above the 1.1450 level which is also a strong support. The pair has breached the important support level of 1.30 and is currently trading around the 1.2950 level. The 0.71 and 0.70 level underneath are strong support points of the market and a breach could be extremely negative.

  • AUD/USD and NZD/USD Fundamental Daily Forecast – Risk-Off Trade Pressuring Aussie, Kiwi
    FX Empire17 hours ago

    AUD/USD and NZD/USD Fundamental Daily Forecast – Risk-Off Trade Pressuring Aussie, Kiwi

    Demand for risky assets will drive the price action on Tuesday. Currently, it looks like it is going to be a risk-off session, which means lower demand for the higher-yielding Australian and New Zealand Dollars.