• Price of Gold Fundamental Weekly Forecast – Dollar Takes Backseat as Euro Takes Control of Price Action
    FX Empire10 hours ago

    Price of Gold Fundamental Weekly Forecast – Dollar Takes Backseat as Euro Takes Control of Price Action

    The evidence is in and we have to conclude that gold isn’t breaking sharply because the U.S. Dollar is not that strong. Therefore, demand for dollar-denominated gold should not be dropping as one may think. The data clearly shows that as a gold trader, you shouldn’t be worried about the U.S. Dollar at this time, but rather the Euro.

  • Next Global Crisis – Strengthening U.S. Dollar Index or Weakening Euro?
    FX Empire14 hours ago

    Next Global Crisis – Strengthening U.S. Dollar Index or Weakening Euro?

    Judging from the way the dollar index is weighted, the best bet for another surge to the upside will be a weaker Euro, Japanese Yen and British Pound.

  • The Week Ahead – Brexit, PMI Numbers and Trade Talks in Focus
    FX Empire14 hours ago

    The Week Ahead – Brexit, PMI Numbers and Trade Talks in Focus

    The ECB, the FED, and the RBA release meeting minutes in the week, as the markets look for any more signs of a possible recession. Trade talks also resume.

  • Investing.com16 hours ago

    Gold / Silver / Copper Prices - Weekly Outlook: Feb. 18 - 22

    Investing.com - This week precious metal traders will closely monitor movements in the U.S. dollar, one of the biggest drivers for gold, with U.S.-China trade talks continuing in Washington and Federal Reserve minutes and U.S. economic reports on tap.

  • Investing.com17 hours ago

    Weekly Outlook: Feb. 18 - 22

    Investing.com - Despite a holiday-shortened week in the U.S. the economic calendar for this week is busy, with U.S.-China trade talks continuing in Washington and Federal Reserve minutes and U.S. economic reports on tap.

  • Is the EUR in for More Pain? There May be Choppier Waters Ahead
    FX Empire2 days ago

    Is the EUR in for More Pain? There May be Choppier Waters Ahead

    Trade talks delivered strong gains across the European and U.S equity markets last week. What’s on the horizon for the DAX and EUR?

  • Reuters2 days ago

    EMERGING MARKETS-Latam FX up on dovish Fed talk; Mexican peso capped by Pemex

    Risk appetite towards Latin America was broadly boosted by Mary Daly suggesting the U.S. Federal Reserve may hold off on raising borrowing costs in 2019. Mexican officials said the government would infuse $3.6 billion into ailing state oil firm Pemex, aiming to bolster its finances and avert a further credit downgrade. Daly's comments enabled the peso to wipe away the losses it incurred after the announcement on Pemex.

  • Bitcoin holds above $3,500, but analyst warns of lower prices ahead
    MarketWatch2 days ago

    Bitcoin holds above $3,500, but analyst warns of lower prices ahead

    Bitcoin prices slump midday Friday, with one expert cautioning that further declines were on the horizon for the world’s most popular digital asset.

  • Reuters2 days ago

    Speculators trim long dollar bets in week of Jan. 22-CFTC, Reuters

    Speculators reduced their bullish bets on the U.S. dollar in the week ended Jan. 22 to the smallest position since September, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday. In a wider measure of dollar positioning that includes net contracts on the New Zealand dollar, Mexican peso, Brazilian real and Russian ruble, the U.S. dollar posted a net short position valued at $27.55 billion, down from $32.03 billion, a week earlier.

  • Dollar retraces gains to end week lower
    MarketWatch2 days ago

    Dollar retraces gains to end week lower

    The U.S. dollar loses its strength in late Friday trading amid President Donald Trump’s signing of a spending bill that will avoid a renewed partial government shutdown and his declaration of a national emergency on border security.

  • Gold Price Prediction – Gold is Poised to Breakout and Test 2019 Highs
    FX Empire2 days ago

    Gold Price Prediction – Gold is Poised to Breakout and Test 2019 Highs

    Soft US and Chinese Data is Helping to Buoy Gold Prices

  • MarketWatch2 days ago

    Trump sends letter to House, Senate saying he has declared national emergency

    President Donald Trump has sent a letter to the House and Senate informing them that he has declared a national emergency. The declaration allows the secretary of defense to order units or reservists to active duty to support Department of Homeland Security activities at the southern border and to "engage in emergency construction as necessary to support the use of the Armed Forces and respond to the crisis at our southern border."

  • European stocks log best weekly gain in 3½ months as banks gets a bump from ECB
    MarketWatch2 days ago

    European stocks log best weekly gain in 3½ months as banks gets a bump from ECB

    European stocks finish sharply higher Friday, helping the pan-European benchmark produce its best weekly gain since early November, as investors cheer signs of progress on a U.S.-China trade deal.

  • Gold Weekly Price Forecast – Gold markets continue to show support
    FX Empire2 days ago

    Gold Weekly Price Forecast – Gold markets continue to show support

    Gold markets fell a bit during the week but found support underneath the turn things around and form a bit of a hammer. The hammer of course was preceded by another one, showing just how resilient the market has been.

  • USD/JPY Weekly Price Forecast – US dollar rallies again
    FX Empire2 days ago

    USD/JPY Weekly Price Forecast – US dollar rallies again

    The US dollar rallied again during the week, breaking towards the 61.8% Fibonacci retracement level. However, we are starting to run into a bit of resistance, which of course makes sense as the Japanese yen is a bit of a safety currency.

  • GBP/USD Weekly Price Forecast – British pound testing support
    FX Empire2 days ago

    GBP/USD Weekly Price Forecast – British pound testing support

    The British pound has fallen again during the week but is testing a rather important area on the chart that could cause a lot of market reaction, if we can get the proper headlines right along with it.

  • GBP/JPY Weekly Price Forecast – British pound continues to grind against Japanese yen
    FX Empire2 days ago

    GBP/JPY Weekly Price Forecast – British pound continues to grind against Japanese yen

    The British pound went back and forth during the Japanese yen during the trading week, as we continue to see a lot of noise out there. However, we have recently seen a massive turnaround, and I think it is going to be crucial to the future of this market.

  • EUR/USD Weekly Price Forecast – Euro dress lower for the week
    FX Empire2 days ago

    EUR/USD Weekly Price Forecast – Euro dress lower for the week

    The Euro drifted a bit lower during the week as we continue to see concerns about the German economy and the global economy as well. Ultimately, I think that the market does have a significant amount of support underneath though.

  • AUD/USD Weekly Price Forecast – Aussie continues to find support
    FX Empire2 days ago

    AUD/USD Weekly Price Forecast – Aussie continues to find support

    The Australian dollar went back and forth during the week but continues to find support at the same level that we have been paying attention to for some time. Because of this, I think that we do have more of an upside risk than anything else.

  • USD/JPY Price Forecast – US dollar looking for support
    FX Empire2 days ago

    USD/JPY Price Forecast – US dollar looking for support

    The US dollar fell a bit during the trading session on Friday, as we continue to see a lot of resistance above at the 200 day EMA. At this point, the 61.8% Fibonacci retracement level has offered significant resistance as well, but as we go into the weekend it looks like we are trying to find some type of footing.

  • GBP/USD Price Forecast – Pound trying to find legs
    FX Empire2 days ago

    GBP/USD Price Forecast – Pound trying to find legs

    The British pound initially fell during trading on Friday but found enough support at a crucial juncture to turn things around and show fight yet again. This continues to be a lot of noise, but that’s typical if you’re going to get a trend change.

  • GBP/JPY Price Forecast – British pound finding support
    FX Empire2 days ago

    GBP/JPY Price Forecast – British pound finding support

    The British pound pulled back a bit against the Japanese yen during the trading session on Friday but found enough support to turn around of form a bit of a hammer early in the day. This is a good sign, and it looks as if the British pound is finding buyers to turn things back around again.

  • EUR/USD Price Forecast – Euro finding support after break down
    FX Empire2 days ago

    EUR/USD Price Forecast – Euro finding support after break down

    The Euro try to break down during the trading session on Friday, after comments by an ECB member. However, it has shown a resilient attitude, as we have turned right back around to show signs of life.

  • AUD/USD Price Forecast – Australian dollar continues to consolidate
    FX Empire2 days ago

    AUD/USD Price Forecast – Australian dollar continues to consolidate

    The Australian dollar initially fell during the trading session on Friday but turned around to show signs of life again. Quite frankly, I think that the Aussie has found its bottom for the most part and that the market will eventually go higher.

  • Reuters2 days ago

    Bank stocks, Italy bonds rally as ECB's Coeure paves way for new cash boost for banks

    Euro zone banking shares jumped over three percent, the euro fell and Italy's bond yields tumbled on Friday after the European Central Bank's Benoit Coeure said a new round of cheap multi-year loans to banks was possible. Weak economic data, combined with uncertainty over Brexit and global trade tensions, have raised expectations that fresh stimulus measures from the ECB are likely in coming months. Banks in Italy and other southern European countries in particular could face funding problems as the ECB's most recent Targeted Long-Term Refinancing Operation (TLTRO) nears its repayment date in 2020.