• MARKETS: Dollar surges as stocks, yuan and commodities drop—except crude oil
    Yahoo Finance Video19 hours ago

    MARKETS: Dollar surges as stocks, yuan and commodities drop—except crude oil

    Yahoo Finance's Alexis Christoforous and Jared Blikre break down the latest market action after the Philadelphia Fed Business Survey beats analyst expectations and Jobless Claims print the lowest headline number since December, 1969.

  • Gold Prices Slip Despite Weaker Dollar
    Investing.com2 hours ago

    Gold Prices Slip Despite Weaker Dollar

    Investing.com – Gold prices dropped to a one-year low on Friday. Despite a stock market and dollar index dip after U.S. President Donald Trump criticised the central bank’s decision in raising interest rate, which would normally signal a move higher for the yellow metal, gold prices also headed down.

  • Crypto Prices Mixed; Powell Says Digital Money Not likely to pose a Threat
    Investing.com2 hours ago

    Crypto Prices Mixed; Powell Says Digital Money Not likely to pose a Threat

    Investing.com – Cryptocurrencies prices were mixed on Friday, with Bitcoin trading slightly below the $7,500 mark after a rally earlier this week.

  • Bitcoin Edges Higher as Demand Remains Steady
    Investing.com9 hours ago

    Bitcoin Edges Higher as Demand Remains Steady

    Investing.com – Bitcoin was modestly higher Thursday as traders continued to bet further upside beckoned for the crypto as inflows into the market held steady.

  • Investing.com12 hours ago

    Metal Prices Rocked by Trade-War Fears; Gold Prices Off Lows as Dollar Drops

    Investing.com – Gold prices moved off lows Thursday as the dollar came under pressure after President Donald Trump said he was "not happy" about U.S. interest rate hikes, while renewed trade-war tensions pressured other metal prices.

  • Positive ‘price drift’ suggests bitcoin has room to move higher
    MarketWatch12 hours ago

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

    Bitcoin showed further resilience Thursday, building on sharp gains 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 continues in the same direction after a sharp move, suggests there’s more to come for world’s biggest digital currency, analysts say.

  • Dollar Turns Negative as Trump Says 'Not Happy' About Fed Rate Hikes
    Investing.com13 hours ago

    Dollar Turns Negative as Trump Says 'Not Happy' About Fed Rate Hikes

    Investing.com – The dollar reversed course against its rivals Thursday after U.S. President Trump said he was "not happy" about Federal Reserve rate hikes but downside was limited amid optimism over the U.S. economy.

  • Gold Price Prediction – Gold Drops and then Pops Following Trump Comments
    FX Empire13 hours ago

    Gold Price Prediction – Gold Drops and then Pops Following Trump Comments

    Gold prices tumbled but closed off the lows of the session following news that Donald Trump said he hoped the Federal Reserve would not raise interest rates.  Initially the yellow metal was on the defensive as stronger than expected jobless claims and a robust Philly Fed survey buoyed the greenback generating headwinds for gold prices.  The trend remains downward with target support near the July 2017 lows at 1,204. Momentum remains negative as the MACD (moving average convergence divergence) histogram prints  in the red with a downward sloping trajectory which points to lower prices. The RSI (relative strength index) is printing a reading of 25, below the oversold trigger level of 30 which could foreshadow a correction.

  • Japan’s yen has become the clearest ‘expression of the effect of a trade war’
    MarketWatch15 hours ago

    Japan’s yen has become the clearest ‘expression of the effect of a trade war’

    Trade wars rattle global currency markets, but the degree by which foreign exchange trading has been impacted is perhaps most easily observed through the effect on Japan’s yen, says Credit Suisse trading strategist Alive Marino.

  • Gold Continues to Fall as Trade, Jobless Data Weighs
    Investing.com15 hours ago

    Gold Continues to Fall as Trade, Jobless Data Weighs

    Metal prices continued to falter on Thursday amid trade concerns and a strengthening U.S. dollar. Comex gold futures for August delivery decreased 0.88% to a one-and-a-half-year low of $1,217.10 a troy ounce as of 10:58 AM ET (14:58 GMT). The precious metal was held back as trade tensions continued after China said the White House was wrong to blame Chinese President Xi Jinping for blocking progress on a trade deal.

  • Dollar powers higher; China’s yuan touches 1-year low amid tariff spat
    MarketWatch16 hours ago

    Dollar powers higher; China’s yuan touches 1-year low amid tariff spat

    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 end off 1-month high as miners slide
    MarketWatch17 hours ago

    European stocks end off 1-month high as miners slide

    European stock markets finish lower Thursday, pulling back from a one-month high as mining stocks track a selloff in the metal prices, and the latest round of earnings reports rolled out.

  • Stocks- Wall Street Falls on Trade Tensions
    Investing.com17 hours ago

    Stocks- Wall Street Falls on Trade Tensions

    Investing.com – Wall Street was lower on Thursday as trade tensions resurfaced.The S&P 500 lost six points or 0.21% to 2,809.58 as of 9:42 AM ET (13:42 GMT) while the Dow decreased 57 points or 0.23% to 25,141.37 and tech heavy NASDAQ Composite was down 10 points or 0.13% to 7,844.27.Trade tensions continued after China said the White House was wrong to blame Chinese President Xi Jinping for blocking progress on a trade deal. White House trade adviser Peter Navarro told CNBC that the U.S. President Donald Trump's trade strategy is not as disruptive as many describe. ...

  • FTSE 100 scores third straight win after weak retail sales throw August rate hike into question
    MarketWatch17 hours ago

    FTSE 100 scores third straight win after weak retail sales throw August rate hike into question

    U.K. stocks ended 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.

  • Don’t Look Now, but Stocks Could Finish Lower This Week
    FX Empire19 hours ago

    Don’t Look Now, but Stocks Could Finish Lower This Week

    While it’s always nice to think about the upside potential of the stock market, it’s equally important to think about the downside risk. Is it possible that investors have been so mesmerized by the quest for $1 trillion in market valuation by Amazon, Apple or Microsoft that investors have forgotten about downside exposure? We could soon find out.

  • Dollar Hits 1-Year Highs, Euro Falls below $1.16
    Investing.com19 hours ago

    Dollar Hits 1-Year Highs, Euro Falls below $1.16

    Investing.com - The dollar hit one-year highs against a currency basket on Thursday, sending the euro below the $1.16 level after bullish comments be Federal Reserve Chairman Jerome Powell cemented expectations for two more rate hikes this year.

  • Sterling Falls Below 1.30 for First Time in 10 Months
    Investing.com19 hours ago

    Sterling Falls Below 1.30 for First Time in 10 Months

    Investing.com - The pound dropped below the $1.30 level on Thursday as a result of an unexpected drop in consumer spending in June, further slimming the chances of a Bank of England rate hike in August.

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

  • Top 5 Things To Know In The Market On Thursday
    Investing.com21 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.com21 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.

  • EUR/USD Mid-Session Technical Analysis for July 19, 2018
    FX Empire21 hours ago

    EUR/USD Mid-Session Technical Analysis for July 19, 2018

    Based on the early price action and the current price at 1.1593, the direction of the EUR/USD the rest of the session is likely to be determined by trader reaction to the uptrending Gann angle at 1.1609. Watch the price action and read the order flow at 1.1609 all session. Trader reaction to this angle will tell us if the selling is getting stronger, or if aggressive buyers are coming in to take profits and stop the price slide.

  • Reuters22 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.

  • Technical Overview of AUD/USD, GBP/AUD, AUD/CAD & AUD/NZD: 19.07.2018
    FX Empire22 hours ago

    Technical Overview of AUD/USD, GBP/AUD, AUD/CAD & AUD/NZD: 19.07.2018

    While six-week long descending trend-line continue restricting the AUDUSD’s near-term upside, the pair has to sustain its dip beneath the 0.7340 horizontal-support in order to revisit the recent low around 0.7310. In case the pair continue declining below 0.7310, the 61.8% FE level of 0.7255 could please the sellers. On the upside, a clear break of 0.7420 TL can trigger the pair’s recovery towards 0.7475-80 region, which if conquered could escalate the rise to 0.7510 and the 0.7550 resistances. Assuming that Bulls keep fueling the quote beyond 0.7550, the 0.7605, the 0. ...