• Dollar Pauses as Boost from Treasury Yield Fades
    Investing.com18 minutes ago

    Dollar Pauses as Boost from Treasury Yield Fades

    Investing.com - The dollar took a breather on Tuesday after rising to seven week highs against a basket of the other major currencies, as a boost from rising Treasury yields faded.

  • Stocks- U.S. Futures Point to Higher Opening Bell
    Investing.com2 hours ago

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

    Investing.com – Wall Street was set to rebound on Tuesday, as investors looked ahead to the latest flurry of corporate earnings and bond yields eased.The S&P 500 futures was up 15 and a half points or 0.58% to 2,686.75 as of 6:47 AM ET (10:47 GMT) while Dow futures increased 138 points or 0.57% to 24,552.0. Meanwhile tech heavy Nasdaq 100 futures rose 45 points or 0.67% to 6,712.0.U.S. stocks were lower on Monday after a decline in technology shares and concern about increasing bond yields. ...

  • MarketWatch2 hours ago

    Mexican peso jumps on 75% chance to reach Nafta deal shortly

    The Mexican peso rallied versus the U.S. dollar on Tuesday, after Moises Kalach, head of trade for Mexican national business chamber CCE, said there was a 75% chance an agreement on the North American Free Trade Agreement would be reached in the next 10 days. Kalach's remarks, according to news reports, came after multiple officials from Nafta member countries, including President Donald Trump, indicated a potential agreement in principal could be reached in May. Nevertheless, the dollar slumped versus the Mexican currency in response to the news, last buying 18.7897 pesos, down versus 18.9407 pesos late Monday in New York.

  • Gold Prices Pull Back From 2-Week Lows, Stronger Dollar Weighs
    Investing.com4 hours ago

    Gold Prices Pull Back From 2-Week Lows, Stronger Dollar Weighs

    Investing.com - Gold prices pulled away from two-week lows on Tuesday, but struggled to make headway as a stronger dollar continued to weigh on demand for bullion.

  • Reuters4 hours ago

    Weak business morale from Germany, France, Italy points to slowdown

    Business morale in Germany, France and Italy -- the euro zone's three biggest economies -- deteriorated in April as a stronger currency and capacity constraints limited output, signalling that growth in the currency bloc has reached its peak. The euro zone was unexpectedly one of the best performers among major economies last year. German business confidence fell for a fifth consecutive month in April to reach the lowest level in more than a year, the Ifo institute said on Tuesday, suggesting that Europe's biggest economy is losing some steam.

  • Dollar near 7 Week Highs Boosted by Treasury Yields
    Investing.com5 hours ago

    Dollar near 7 Week Highs Boosted by Treasury Yields

    Investing.com - The dollar was holding steady near seven week highs against a basket of the other major currencies on Tuesday, boosted by rising Treasury yields.

  • USDCAD May Fluctuate on BOC Governor’s Speech
    FX Empire6 hours ago

    USDCAD May Fluctuate on BOC Governor’s Speech

    The USDCAD is in a choppy zone right now

  • Reuters7 hours ago

    French industry morale edges lower in April, euro weighs

    French industrial morale dipped in April, reflecting concerns elsewhere in the euro zone that growth in the bloc is weakening as the impact of a stronger currency starts to bite. "There's definitely a slowdown, and the euro is not helping. The European Central Bank is stuck in a corner.

  • Price of Gold Fundamental Daily Forecast – Friday’s GDP Report Likely to Determine Next Major Move
    FX Empire7 hours ago

    Price of Gold Fundamental Daily Forecast – Friday’s GDP Report Likely to Determine Next Major Move

    Gold futures are rebounding early Tuesday, mostly due to oversold technical conditions. The move we are seeing is likely a combination of profit-taking, short-covering and aggressive counter-trend buying. However, gains are likely being limited by a stronger U.S. Dollar and rising Treasury yields.

  • MarketWatch8 hours ago

    What recent CFTC data mean for dollar bulls

    U.S. dollar bulls feel vindicated by the recent jump in the greenback, but currency positioning data from last week, which showed growing bearish dollar bets, perhaps, raising concerns for some about the ...

  • Cryptocurrency Prices Rise; Malta Supports Digital Coins
    Investing.com8 hours ago

    Cryptocurrency Prices Rise; Malta Supports Digital Coins

    Investing.com – Cryptocurrency prices gained on Thursday. Reports that Malta was supportive of the digital coins gained attention. Meanwhile, India is uncertain whether the country will ban cryptocurrencies.

  • Global Stocks Edge Higher, U.S Dollar Surging as Bond Yields Climb
    FX Empire8 hours ago

    Global Stocks Edge Higher, U.S Dollar Surging as Bond Yields Climb

    The U.S Dollar has remained a huge talking point as it builds momentum in forex as bond yields increase in the States.

  • How Could Ecofin Meetings Affect the Euro?
    FX Empire8 hours ago

    How Could Ecofin Meetings Affect the Euro?

    The Ecofin meetings are a major event in the EU, with leaders from all member states attending each time that they are held. How could the meeting affect the euro?

  • Daily Market Forecast – US Dollar and Crude Oil Rise
    FX Empire8 hours ago

    Daily Market Forecast – US Dollar and Crude Oil Rise

    The U.S Dollar has remained robust as it has gained against nearly every major currency. Gold has faltered and is above an important support level, which traders may attempt to challenge. U.S Crude Oil is approaching values not seen since late in 2014.

  • Gold Prices Gain As Dollar Loses Momentum
    Investing.com9 hours ago

    Gold Prices Gain As Dollar Loses Momentum

    Investing.com - Gold prices rose on Tuesday morning as the dollar slightly dropped despite higher 10-year U.S. treasury yields.

  • Dollar Advances As U.S. Treasury Yields Reach New High
    Investing.com9 hours ago

    Dollar Advances As U.S. Treasury Yields Reach New High

    Investing.com - The dollar continued to rally on Tuesday morning in Asia along with the higher yields on U.S. Treasuries that hit a four-year high, and the rally in the dollar weighed down the yen. Meanwhile, eyes were on the Aussie in the morning as Australia released some lacklustre CPI data.

  • USD/JPY Fundamental Daily Forecast – Treasury Yields Have to Continue to Rise to Support Rally
    FX Empire9 hours ago

    USD/JPY Fundamental Daily Forecast – Treasury Yields Have to Continue to Rise to Support Rally

    Although the solid uptrend is guiding prices higher, buyers may take a breather as we approach Friday’s release of the U.S. GDP. Traders are looking for 2.0% growth. A higher than expected number will justify this week’s rise in U.S. interest rates. A lower than expected number should drive rates back down which should weaken the USD/JPY.

  • EURUSD Gets Some Breathing Space As Positive PMI Data Helps Slowdown Bearish Momentum
    FX Empire10 hours ago

    EURUSD Gets Some Breathing Space As Positive PMI Data Helps Slowdown Bearish Momentum

    The pair is under some serious bearish pressure

  • AUD/USD and NZD/USD Fundamental Daily Forecast – Australian Consumer Inflation Mixed
    FX Empire10 hours ago

    AUD/USD and NZD/USD Fundamental Daily Forecast – Australian Consumer Inflation Mixed

    The stable outlook for the Reserve Bank of Australia (RBA) and the Reserve Bank of New Zealand (RBNZ) contrasts with the U.S. Federal Reserve which is expected to raise rates at least two more times this year.

  • Gold falls as traders come back from the weekend
    FX Empire10 hours ago

    Gold falls as traders come back from the weekend

    Gold markets fell significantly during the open on Monday, as we gapped lower, and then broke down towards the $1325 level. Although this looks very negative, there is a significant amount of support underneath that should come into play rather soon.

  • US dollar rallies significantly against the Japanese yen on Monday
    FX Empire10 hours ago

    US dollar rallies significantly against the Japanese yen on Monday

    The US dollar has rallied significantly during the trading session on Monday, gapping at the open, and then exploded above the 108 handle. I believe that the market should continue to find buyers on short-term pullbacks now that we have broken above the important 108 level, and we will more than likely continue building the base that we have been fighting for.

  • US dollar rallied against Canadian dollar Monday
    FX Empire10 hours ago

    US dollar rallied against Canadian dollar Monday

    The US dollar has rallied significantly against the Canadian dollar during trading on Monday, as oil markets took a bit of a bashing during the session as well. By clearing the recent resistance level, this is of course a bullish sign.

  • New Zealand dollar brakes 0.72
    FX Empire10 hours ago

    New Zealand dollar brakes 0.72

    The New Zealand dollar has broken below the 0.72 level during the trading session on Monday, reaching down towards the 0.7175 level. I believe at this point the market should continue to find buyers underneath, but I think that breaking below the 0.72 level dollars for tell a potential buying opportunity underneath.

  • The British pound drifts lower on Monday
    FX Empire10 hours ago

    The British pound drifts lower on Monday

    The British pound broke below the 1.40 level during the trading session on Monday and continue to drop from there. The US dollar has shown strength over all, and I think that breaking below the 1.40 level could show that this pair needs to see a bit of support or a bounce underneath.

  • The British pound pulled back initially, only to find strength against the yen
    FX Empire10 hours ago

    The British pound pulled back initially, only to find strength against the yen

    The British pound initially pulled back during the trading session on Monday, testing the 151 handle. However, we found enough support to turn things around as we continue to find buyers on value, and it looks like we are trying to form some type of base.