• Stocks- U.S. Futures Fall Ahead of Earnings, Trade Tension Worry
    Investing.com20 minutes ago

    Stocks- U.S. Futures Fall Ahead of Earnings, Trade Tension Worry

    Investing.com – U.S. futures pointed to a lower opening bell as earnings season and trade tensions continued to rattle investors.

  • Positive ‘price drift’ suggests bitcoin has room to move higher
    MarketWatch1 hour ago

    Positive ‘price drift’ suggests bitcoin has room to move higher

    Bitcoin showed further resilience Thursday, building on sharp gains already made earlier in the week. Often in the past, sharp moves higher in the price of the No. 1 digital currency have been followed by pullbacks, or at the least, consolidation. This time, bitcoin has recorded five consecutive winning days and the “price drift,” when an asset drifts in the same direction after a sharp move, suggests there’s more to come for world’s biggest digital currency, analysts say.

  • Top 5 Things To Know In The Market On Thursday
    Investing.com2 hours ago

    Top 5 Things To Know In The Market On Thursday

    Investing.com - Here are the top five things you need to know in financial markets on Thursday, July 19:

  • Copper, Gold Prices Hit 1-Year Lows amid Metals Selloff
    Investing.com2 hours ago

    Copper, Gold Prices Hit 1-Year Lows amid Metals Selloff

    Investing.com - Copper and gold prices fell to the lowest levels in a year on Thursday amid a wider selloff in metals fueled by the stronger dollar and building trade tensions.

  • Reuters2 hours ago

    Emerging market volatility fuelling currency trading boom

    Emerging market foreign exchange trading is growing at a double-digit clip this year, as economic and political worries stoke volatility and sell-offs in currencies such as the Chinese yuan, Turkish lira and Mexican peso, industry data shows. 'G10' currencies from the developed world still dominate the $5 trillion-a-day forex market but emerging markets represent a growing share, particularly in spot trading.

  • Reuters3 hours ago

    Asia Rice: India rates slip on weak demand, rupee; Vietnam grapples with ample supply

    Rice export prices in India slid to a 15-month low this week as the rupee remained weak and demand was sluggish as buyers held off purchases on hopes of deeper price declines, while Vietnam rates fell further on mounting supplies. Rates for India's 5 percent broken parboiled variety fell by $2 per tonne to $386-$390 per tonne, the lowest since April 20, 2017. Farmers in India have planted paddy rice on 11.67 million hectares as on July 13, down 8 percent from a year ago.

  • Dollar near 1-Year Highs on Fed Rate Hike Bets
    Investing.com3 hours ago

    Dollar near 1-Year Highs on Fed Rate Hike Bets

    Investing.com - The dollar rose against a currency basket on Thursday, to trade near one-year highs after hawkish comments by the chairman of the U.S. Federal Reserve underlined expectations for two additional rate hikes by the central bank this year.

  • Dollar advances, as China’s yuan drops to 1-year low
    MarketWatch3 hours ago

    Dollar advances, as China’s yuan drops to 1-year low

    The U.S. dollar moved broadly higher Thursday, both against its developed and emerging rivals, while China’s yuan dropped to a low not seen since last July.

  • European stocks drop from 1-month high as miners slide
    MarketWatch3 hours ago

    European stocks drop from 1-month high as miners slide

    European stock markets decline on Thursday, pulling back from a one-month high as mining stocks tracked a selloff in the metal prices and traders digested the latest round of earnings reports.

  • FTSE 100 rises after weak retail sales throw August rate hike into question
    MarketWatch5 hours ago

    FTSE 100 rises after weak retail sales throw August rate hike into question

    U.K. stocks swung higher on Thursday and the pound tumbled after disappointing British retail sales stoked speculation the Bank of England may refrain from hiking interest rates in August.

  • Aussie Dollar Higher After Strong Employment Data; Yuan Falls
    Investing.com5 hours ago

    Aussie Dollar Higher After Strong Employment Data; Yuan Falls

    Investing.com - The Australia’s dollar rose on Thursday after data showed the country’s employment surged in June, while the Chinese yuan fell after the central bank weakened its fixing beyond 6.7 for the first time since the currency began tumbling in June.

  • Commodities Daily Forecast – July 19, 2018
    FX Empire5 hours ago

    Commodities Daily Forecast – July 19, 2018

    The gold prices drifted lower during the yesterday’s session slicing through the $1225 level. The silver prices further broke down during the Wednesday’s session, slicing through the $15.50 level. The market has broken multiple strong support levels in the short span of time which has turned the momentum very weak.

  • Price of Gold Fundamental Daily Forecast – Gold Investors Could Feel Major Pain if Dollar Index Blows Through June Top
    FX Empire5 hours ago

    Price of Gold Fundamental Daily Forecast – Gold Investors Could Feel Major Pain if Dollar Index Blows Through June Top

    Based on Wednesday’s late reversal to the upside in gold and today’s early weakness, I expect to see prices continue to be guided by the movement and direction of the U.S. Dollar. The inverse relationship between the two couldn’t be clearer at this time. So this will be our indicator for gold prices until proven otherwise.

  • Forex Daily Outlook – July 19, 2018
    FX Empire5 hours ago

    Forex Daily Outlook – July 19, 2018

    With general risk-off attitude, the market is testing the key support level and if it breaks further, then next immediate support in the market will be at 1.1580 level. In the longer term chart, this level has been an important support level and has been tested well in the past.

  • USD/CAD Supported at 61.8 and 78.6 Fibonacci Retracement
    FX Empire6 hours ago

    USD/CAD Supported at 61.8 and 78.6 Fibonacci Retracement

    The USD/CAD is supported at 61.8 and 78.6 fib retracement of the last swing. 1.3166-84 is the first POC zone, where the bounce is possible, while the POC2 is 1.3125-1.3140. Both zones could be valid for longs providing that W L3 holds – 1.3110. Targets are 1.3220 and 1.3264. Continuation is only possible above 1.3265 towards 1.3307.

  • Gold Prices Drop as Dollar Remains Near Three-Week High
    Investing.com6 hours ago

    Gold Prices Drop as Dollar Remains Near Three-Week High

    Investing.com - Gold prices dropped on Thursday as the dollar remained near a three-week high. U.S. Federal Reserve Chairman Jerome Powell’s comments this week implied increasing interest rates and continued to put pressure on the precious metal prices.

  • GBP/USD Daily Price Forecast – GBP/USD Hits Nine Month Lows on Disappointing Inflation Data
    FX Empire7 hours ago

    GBP/USD Daily Price Forecast – GBP/USD Hits Nine Month Lows on Disappointing Inflation Data

    The pair has broken through the lows of the range and now threatens the important 1.30 region

  • EUR/USD Daily Price Forecast – Euro Gains Ground As Dollar Saw Profit Booking Activity
    FX Empire7 hours ago

    EUR/USD Daily Price Forecast – Euro Gains Ground As Dollar Saw Profit Booking Activity

    The pair has not moved much as it is locked in a range and consolidates within that range

  • Gold Price Futures (GC) Technical Analysis – Lower Unless Buyers Can Take Out $1229.10 to Confirm Reversal Bottom
    FX Empire7 hours ago

    Gold Price Futures (GC) Technical Analysis – Lower Unless Buyers Can Take Out $1229.10 to Confirm Reversal Bottom

    Based on yesterday’s chart pattern and today’s early trade, the direction of the August Comex Gold futures contract today is likely to be determined by trader reaction to yesterday’s high at $1229.10. Although $1200.00 may be a psychological target, the true downside target is the December 15, 2016 main bottom at $1158.40.

  • AUD/USD Forex Technical Analysis – Testing Pair of 50% Levels at .7413 – .7397, Needs to Clear .7443 to Change Trend
    FX Empire8 hours ago

    AUD/USD Forex Technical Analysis – Testing Pair of 50% Levels at .7413 – .7397, Needs to Clear .7443 to Change Trend

    Based on the early price and the current price at .7411, the direction of the AUD/USD the rest of the session is likely to be determined by trader reaction to the short-term pivot at .7413. The main trend is down according to the daily swing chart. The trend will change to up on a trade through .7443. Today’s intraday rally stopped at .7442, just short of this main top.

  • USD/JPY Fundamental Daily Forecast – May Have to Regroup at Lower Levels Before Challenging 113.381 – 113.745
    FX Empire9 hours ago

    USD/JPY Fundamental Daily Forecast – May Have to Regroup at Lower Levels Before Challenging 113.381 – 113.745

    The Dollar/Yen is trading lower early Thursday, following through to the downside after the previous session’s technical reversal top. Demand for risk is slightly lower early in the session, sending some investors into the safe haven Japanese Yen. Investors are also reacting to weaker-than-expected domestic data. Domestically, Japan posted a trade surplus in June, but it came in below the forecast. After booking a deficit the previous month, new data showed a surplus, with exports rising despite ongoing international trade tensions. It looks as if USD/JPY investors are using the end of Powell’s semiannual congressional testimony as an excuse to book profits after a strong rally.

  • AUD/USD and NZD/USD Fundamental Daily Forecast – Despite Solid Employment Data, RBA Not Likely to Alter Dovish Tone
    FX Empire9 hours ago

    AUD/USD and NZD/USD Fundamental Daily Forecast – Despite Solid Employment Data, RBA Not Likely to Alter Dovish Tone

    The AUD/USD is being underpinned early Thursday because at face value, today’s strong employment data is very good news. However, there are still some sticking points in the economy, namely a high level of underutilized workers and low wages. With unemployment and underemployment still comparatively high, it continues to weigh on wage pressures despite strong unemployment growth.

  • Gold Price Forecast – Gold trying to find a bottom
    FX Empire9 hours ago

    Gold Price Forecast – Gold trying to find a bottom

    Gold markets drifted a bit lower during the trading session again on Wednesday as we continue to trying to find a bit of a bottom. While the $1225 level is important, the reality is that I think there is much more support below at the $1200 level.

  • USD/JPY Price Forecast – US dollar pulls back from ¥113
    FX Empire9 hours ago

    USD/JPY Price Forecast – US dollar pulls back from ¥113

    The US dollar initially tried to rally during the day again on Wednesday but has found the ¥113 level to be a bit too expensive. That being the case, the pullback started as soon as the Americans came on board, and quite frankly I think in the end this will be a healthy sign, as we had gotten ahead of ourselves.

  • GBP/USD Price Forecast – British pound continues to drop
    FX Empire9 hours ago

    GBP/USD Price Forecast – British pound continues to drop

    With all of the drama and noise around the United Kingdom over the last couple of days, it’s not a huge surprise that the British pound has taken it on the chin. However, as we saw the Americans come to work on Wednesday, the pair was testing a major support level. The 1.30 level has been important more than once, and I think at this point if the British pound is going make some type of stand, it’s here.