• How a flight to safety amid a weakening global economy could complicate central-bank policy
    MarketWatch35 minutes ago

    How a flight to safety amid a weakening global economy could complicate central-bank policy

    The collapse of the Swedish krona to its lowest level in more than a decade against the dollar on Thursday was fueled by what’s becoming a common theme in financial markets: a retreat by global central banks.

  • Dollar index hits a near 2-year record as global central banks turn dovish
    MarketWatch2 hours ago

    Dollar index hits a near 2-year record as global central banks turn dovish

    The U.S. dollar opened higher on Thursday, with a popular gauge of its strength rising to its highest level since May 2017.

  • Gold Price Forecast – Gold markets show strength on Thursday
    FX Empire5 hours ago

    Gold Price Forecast – Gold markets show strength on Thursday

    The Gold markets bounce significantly during the day on Thursday, showing signs of strength again. There are a couple of lines to pay attention to in this general vicinity, so we will be monitoring this market very closely.

  • USD/JPY Price Forecast – US dollar pulls back a bit on Thursday
    FX Empire5 hours ago

    USD/JPY Price Forecast – US dollar pulls back a bit on Thursday

    The US dollar has gone back and forth over the last several sessions, and at this point the market looks as if it continues to test the same region to figure out where to go next.

  • GBP/USD Price Forecast – British pound continues to break down
    FX Empire5 hours ago

    GBP/USD Price Forecast – British pound continues to break down

    The British pound broke down again on Thursday, as we continue to extend the downside from the break of the descending triangle.

  • GBP/JPY Price Forecast – British pound breaks down against Japanese yen to test support
    FX Empire5 hours ago

    GBP/JPY Price Forecast – British pound breaks down against Japanese yen to test support

    The British pound broke down significantly during the trading session on Thursday to kick it off, testing major support underneath. The ¥144 level should be significant support, so if we break down below there we could see a significant break down.

  • EUR/USD Price Forecast – Euro breaks down significantly
    FX Empire5 hours ago

    EUR/USD Price Forecast – Euro breaks down significantly

    The Euro initially tried to rally a bit during the trading session on Thursday but gave back the gains and then broke down even further. At this point, the Euro looks as if it is in real trouble.

  • AUD/USD Price Forecast – Aussie dollar pierces 0.70
    FX Empire5 hours ago

    AUD/USD Price Forecast – Aussie dollar pierces 0.70

    The Australian dollar has broken down again during the trading session on Thursday, as US dollar strength continues to be overbearing to most other currencies around the world. However, the Australian dollar is at a very interesting and crucial level.

  • Gold Price Futures (GC) Technical Analysis – Minor Trend Changed Shifting Momentum to Upside
    FX Empire6 hours ago

    Gold Price Futures (GC) Technical Analysis – Minor Trend Changed Shifting Momentum to Upside

    If the upside momentum continues then look for the rally to extend into the nearest downtrending Gann angle at $1286.80. Taking out this angle will indicate the buying is getting stronger.

  • EUR/USD Mid-Session Technical Analysis for April 25, 2019
    FX Empire7 hours ago

    EUR/USD Mid-Session Technical Analysis for April 25, 2019

    Based on the early price action and the current price at 1.1148, the direction of the EUR/USD the rest of the session is likely to be determined by trader reaction to 1.1152.

  • Investing.com7 hours ago

    Dollar Flat Amid Mixed U.S. Economic Data; Q1 U.S. GDP Eyed

    Investing.com – The dollar was flat against a basket of major currencies as mixed U.S. economic data weighed on sentiment ahead of crucial U.S. GDP data due Friday.

  • What a potential cut in Italy’s credit rating means for an already sinking euro
    MarketWatch7 hours ago

    What a potential cut in Italy’s credit rating means for an already sinking euro

    Mounting fiscal worries about Italy, Europe’s fourth-largest economy, could heap further pressure on the euro in the near term.

  • Reuters7 hours ago

    Sri Lanka rupee falls on fears of more attacks; stocks edge up

    The Sri Lankan rupee closed 0.1 percent weaker on Thursday as a bomb scare after the Easter Sunday attacks weighed on the currency, while stocks edged up for the second straight session after hitting a more than six-year low. ** Sri Lankan authorities locked down the central bank and shut the road leading to the jittery capital's airport as more people were swept up in the search for those behind the bombings that killed 359. ** The currency ended at 175.00/50 to a dollar, 0.1 percent weaker than Wednesday's close of 174.90/20, Refinitiv data showed.

  • Price of Gold Fundamental Daily Forecast – Weakening Equity Markets Could Spike Prices Higher
    FX Empire7 hours ago

    Price of Gold Fundamental Daily Forecast – Weakening Equity Markets Could Spike Prices Higher

    Demand for gold could pick up throughout the session if U.S. stock indexes continue to weaken. Shortly after the U.S. opening, the Dow is down over 200 points as shares of 3M dropped 10% after the company reported earnings that were much lower than analysts had expected.

  • Gold Recovers But Gains Limited By Strong Dollar
    FX Empire10 hours ago

    Gold Recovers But Gains Limited By Strong Dollar

    Dollar index rally is pressuring precious metals across the market. Gold is advancing, but gains are limited.

  • Litecoin establishes bullish support zone ahead of resistance re-test
    Coin Rivet10 hours ago

    Litecoin establishes bullish support zone ahead of resistance re-test

    Cryptocurrency’s fifth largest coin in terms of market cap – Litecoin – has established a key level of support at $70 following a 225% move to the upside since the turn of the year. Litecoin rallied from $60 to $100 on April 1 before eventually losing momentum and consolidating at the $70 mark. Holding this current level will be key considering Litecoin hasn’t traded above $70 since the breakdown in price in August 2018. Upside targets During the 2017 bull-run, Litecoin was one of the top performing cryptocurrencies, rising an astonishing 9000% while reaching an all-time high of $420. With this in mind, if Litecoin can break out of the psychological $100 level of resistance, it could be primed to The post Litecoin establishes bullish support zone ahead of resistance re-test appeared first on Coin Rivet.

  • Is Litecoin mining still profitable?
    Coin Rivet11 hours ago

    Is Litecoin mining still profitable?

    Many people wonder whether cryptocurrency mining is still profitable in 2019. Now the big players have taken control, with their industrial-scale operations, it can be hard for solo operators to compete. So where does Litecoin mining sit on the scale of profitable coins to mine? This is a tricky question, and there’s no such thing as the right answer. Litecoin mining could be the next big thing if predictions that LTC price will reach over $700 by the end of this year are to be believed. At the same time, it could be a total waste of time and money. Plenty of miners and investors believe there’s no space for altcoins to grow in the market. LTC price could just The post Is Litecoin mining still profitable? appeared first on Coin Rivet.

  • NZD/USD Bearish Formation at W L4 Camarilla Pivot
    FX Empire11 hours ago

    NZD/USD Bearish Formation at W L4 Camarilla Pivot

    Dear Traders,

  • American Dollar is Great Again
    FX Empire11 hours ago

    American Dollar is Great Again

    This week brought us crucial movements for the American Dollar. USD made new local highs/lows on many instruments with the Dollar Index and the EURUSD as the best examples.

  • Investing.com11 hours ago

    Stocks - Dow Falls After 3M Shock; Microsoft, Facebook Propel Nasdaq

    The S&P; 500 fell 8 points or 0.3% by 9:44 AM ET (13:44 GMT), while the Dow slumped 261 points or 0.9%, but the tech-heavy Nasdaq composite gained 23 points or 0.3%.

  • MarketWatch11 hours ago

    London markets slump on Sainsbury’s-Asda, Barclays

    London markets slumped after the Sainsbury’s and ASDA merger was declared dead and Barclays’ investment bank sputtered in the first quarter. U.K. Prime Minister Theresa May once again avoided a personal defeat when a committee of backbench Conservative Party MPs decided not to pursue rule changes that would allow a leadership challenge before December. Supermarket chains Sainsbury’s and the Walmart Inc.-owned ASDA decided to drop their merger plans after the U.K.’s Competition and Markets Authority decided to block the deal.

  • Collapsed mergers drag down Europe markets
    MarketWatch12 hours ago

    Collapsed mergers drag down Europe markets

    European markets were flashing red after a lethal cocktail of news, including mergers between both Sainsbury’s and ASDA as well as Deutsche Bank and Commerzbank breaking down, growth worries in Germany and investment bank turmoil.

  • GBP/USD Daily Price Forecast – The Cable Bears Stay Alerted Awaiting US Durable Goods Data
    FX Empire12 hours ago

    GBP/USD Daily Price Forecast – The Cable Bears Stay Alerted Awaiting US Durable Goods Data

    The Cable dropped to the month’s lowest. Meanwhile, the Labour Party demanded changes in the Agriculture Bill. The Conservatives continued their stance on PM’s exit. Theresa May wins to get an early no-confidence vote in the Parliament. On the Technical side, the market continues to follow the bearish trend.

  • Investing.com12 hours ago

    Gold Extend Modest Recovery After Mixed U.S. Data

    Investing.com - Gold prices extended a modest recovery on Thursday, against a backdrop of mixed U.S. data and a stock market consolidating near record highs.