- Investing.com•9 hours ago
Gold Prices Set to Snap 4-Day Losing Streak as Dollar Rally Cools
Investing.com – Gold prices were on track to snap a four-day losing streak after the rally in U.S. treasury yields paused, weighing on the dollar which eased from two-month highs.
- Investing.com•9 hours ago
Dollar Turns Negative as 10-Year Bond Yield Retreats Below 3%
Investing.com – The dollar eased from two-month highs against a basket of major currencies as U.S. bond yields retreated from multi-year highs but sentiment on the greenback remained positive amid upbeat economic data.
- FX Empire•11 hours ago
Gold Prices Rebounded Back to Breakdown Zone
Gold prices rebounded on Tuesday attempting to recapture resistance which is former support near an upward sloping trend line that comes in near 1,332. Target support is seen near the April lows at 1,320. Momentum on gold prices is negative as the MACD (moving average convergence divergence) histogram prints in the red with a downward sloping trajectory which points to lower prices.
FX Empire•11 hours agoThe EUR/USD Rebounds back to Resistance but Soft a German Zew Caps the Upside in the Currency Pair
The ECB lending survey showed easier lending conditions while the German IFO tumbled in April. French business confidence declined while the ECB’s Villeroy told banks to prepare for a recession. Target support is now seen near the March lows at 1.2154. Momentum is negative as the MACD (moving average convergence divergence) histogram prints near the zero index level with a flat trajectory which points to consolidation.
- Investing.com•13 hours ago
Stocks- Wall Street Rises as Investors Shrug Off Bond Yield Worry
Investing.com - Wall Street was higher on Tuesday, despite rising bond yields, as investors look to corporate earnings releases.The S&P 500 was up over 10 points or 0.41% to 2,681.22 as of 9:45 AM ET (13:45 GMT) while the Dow composite increased 96 points or 0.40% to 24,545.59 and tech heavy NASDAQ Composite rose 32 points or 0.46% to 7,161.55.Investors have shrugged off worry over rising bond yields, with the 10-Year note reaching its highest level in four years, as inflation has added to expectations of continued rate hikes from the Federal Reserve. ...
- Investing.com•14 hours ago
Bitcoin Nears One Month High
Interest in cryptocurrencies has increased after the price skyrocketed to $20,000 in December. Some banks are exploring client interest in the virtual coins and a few hedge funds have already started trading the digital currencies.
- MarketWatch•14 hours ago
4 scenarios for the ECB meeting on Thursday in one handy chart
The European Central Bank meets for its policy-setting meeting on Thursday and the big question on traders’ mind is when President Mario Draghi & Co. will put an end to its aggressive bond buying program ...
- Investing.com•14 hours 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.
- Investing.com•16 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. ...
- MarketWatch•16 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.
- FX Empire•16 hours ago
EUR/USD Mid-Session Technical Analysis for April 24, 2018
Based on the early price action, the direction of the EUR/USD the rest of the session is likely to be determined by trader reaction to a pair of Gann angles at 1.2213 and 1.2201.
- FX Empire•17 hours ago
Gold Price Futures (GC) Technical Analysis – April 24, 2018 Forecast
Based on the early trade and the last price at $1327.60, the direction of the gold market today is likely to be determined by trader reaction to yesterday’s close at $1324.00.
- FX Empire•18 hours ago
10-Year U.S Treasury Yields are Nearly 3%, US Futures Point Higher on Strong Earnings Reports
The U.S Dollar has been strong as 10-year Treasuries in the States have climbed towards a 3% yield.
- Investing.com•18 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.
- FX Empire•18 hours ago
Technical Update For EUR/USD, GBP/USD, USD/JPY & NZD/USD: 24.04.2018
Even after printing the lowest levels in more than seven-weeks, the EURUSD is struggling with 100-day SMA, at 1.2210 now, in order to revisit the 1.2165-55 horizontal-support. Should the pair fails to register a daily closing below 1.2210, it can bounce-back to the 1.2240 and then to the 1.2275-80 resistances. In case if the recovery stretches beyond 1.2280, the 1.2300 and the 50-day SMA level of 1.2330 could challenge the buyers ahead of fueling the pair towards 1.2400 mark. Given the pair’s D1 close below 1.2210, followed by the 1.2155 clearance, it can slump to the 1.2090 and the 1. ...
- Investing.com•19 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.
- FX Empire•20 hours ago
USDCAD May Fluctuate on BOC Governor’s Speech
The USDCAD is in a choppy zone right now
- Reuters•21 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.
- FX Empire•21 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.
- MarketWatch•22 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 ...
- Investing.com•22 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.
- FX Empire•22 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.
- FX Empire•22 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?
- FX Empire•22 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.
- Investing.com•23 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.
