• Investing.com14 minutes ago

    Dollar Flat as Fed Gets Two-Day Meeting Underway

    Investing.com - The U.S. dollar was flat against its rivals Tuesday as the Federal Reserve got its two-day meeting underway.

  • Dollar struggles ahead of last Fed decision of 2018; commodity currencies crash
    MarketWatch41 minutes ago

    Dollar struggles ahead of last Fed decision of 2018; commodity currencies crash

    The U.S. dollar was struggling for direction on Tuesday, having clawed back some ground as the session went on after softer risk sentiment ahead of the impending Federal Reserve policy update and weaker global stocks struggled initially dragged the currency down.

  • MarketWatch2 hours ago

    Italy reaches budget agreement with European Union: reports

    Italy's government has reached an accord with the European Union regarding its controversial budget proposal for 2019, which may avert a clash with officials of Europe's trade bloc, according to reports. Rome's draft budget proposal earlier this year drew a swift rebuke from Brussels because it would have resulted in a budget deficit of 2.4% of gross domestic product, running afoul of EU membership rules. This led to the EU launching a so-called "excessive deficit procedure" against Italy in November, and caused investors to fret about the health of the eurozone's third-largest economy and the stability of the EU more broadly.

  • Investing.com4 hours ago

    Gold Prices Hold Steady as Fed Meeting Begins

    Investing.com - Gold prices were little changed on Tuesday as traders turned their attention to this week’s Federal Reserve monetary policy meeting.

  • Investing.com4 hours ago

    U.S. Dollar Falls as Investors Wait for Fed Decision

    Investing.com - The U.S. dollar was lower on Tuesday as investors waited for news from the Federal Reserve’s latest policy meeting.The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, fell 0.14% to 96.41 as of 10:23 AM ET (15:23 GMT), after an overnight high of 96.63.With the Fed expected to increase rates by 25 basis points for the fourth time this year on Wednesday, investors will be watching for any new comments on possible policy changes in 2019. ...

  • Investing.com5 hours ago

    Bitcoin Rallies Above $3,500

    Bitcoin rose 3.5% to $3,539.60 on the Investing.com Index, as of 9:07 AM ET (14:07 GMT).

  • China; No One Dictates Reform To US, EU Market Dragged Down By Energy, US Markets Stage Rebound
    FX Empire8 hours ago

    China; No One Dictates Reform To US, EU Market Dragged Down By Energy, US Markets Stage Rebound

    Asian equities slumped across the board following a massive sell-off in the US market. The US market was able to stage a significant rebound on Tuesday as all sectors move higher.

  • Investing.com8 hours ago

    Stocks - U.S. Futures Rebound with Fed in Focus

    With the Fed widely expected to deliver its fourth rate hike this year at the conclusion of its two-day meeting on Wednesday market moves will be guided by its forward guidance.

  • Investing.com9 hours ago

    Top 5 Things to Know in The Market on Tuesday

    Investing.com - Here are the top five things you need to know in financial markets on Tuesday, December 18:

  • London markets fall, as crude oil prices reach fresh lows
    MarketWatch9 hours ago

    London markets fall, as crude oil prices reach fresh lows

    London stocks were down on Tuesday, as crude oil prices drop to a fresh low and investors wait nervously for the start of the two Federal Open Market Committee meeting

  • Is Gold Starting to Shine Again?
    FX Empire10 hours ago

    Is Gold Starting to Shine Again?

    The recovery of gold is not coming out of the blue: investor interest has grown progressively over the last few weeks and even months.

  • EUR/USD Mid-Session Technical Analysis for December 18, 2018
    FX Empire10 hours ago

    EUR/USD Mid-Session Technical Analysis for December 18, 2018

    Based on the current price at 1.1398, the direction of the EUR/USD the rest of the session is likely to be determined by trader reaction to the Fibonacci level at 1.1395.

  • Technical Outlook For EUR/USD, GBP/USD, USD/JPY & USD/CAD: 18.12.2018
    FX Empire10 hours ago

    Technical Outlook For EUR/USD, GBP/USD, USD/JPY & USD/CAD: 18.12.2018

    EURUSD’s U-turn from 1.1270-60 support-zone presently struggles with 50-day SMA level of 1.1395, which if broken can escalate the pair’s recovery to near-term descending trend-line resistance, at 1.1430. Should prices rally beyond 1.1430 on a daily closing basis, the 1.1490, comprising 100-day SMA, followed by 1.1530, may act as intermediate halts during the pair’s surge to 1.1620 level. In case the pair fails to surpass the 1.1395 upside barrier, the 1.1300 and the 1.1270-60 could regain market attention. However, sustained downturn beneath 1.1260 might only have 1. ...

  • Price of Gold Fundamental Daily Forecast – Powell’s Tone Will Determine Next Major Move in Gold
    FX Empire10 hours ago

    Price of Gold Fundamental Daily Forecast – Powell’s Tone Will Determine Next Major Move in Gold

    There is one problem that could arise for gold traders. It has to do with the post-meeting remarks from Fed Chair Jerome Powell. He is expected to tone down his assessment of the economy and inflation. However, by doing so, he runs the risk of coming across as too dovish.

  • USD/CAD Daily Price Forecast – USD/CAD Moves Downtrend On Retreating Dollar Ahead of US FOMC Update
    FX Empire11 hours ago

    USD/CAD Daily Price Forecast – USD/CAD Moves Downtrend On Retreating Dollar Ahead of US FOMC Update

    USDCAD continues to decline on broad based cautious investor sentiment ahead of US FOMC update but dovish crude oil price in broad market helps limit downside move of US Greenback.

  • Investing.com11 hours ago

    Dollar Slips as Fed Decision Awaited, Yen Supported

    Investing.com - The U.S. dollar slid lower against a currency basket on Tuesday ahead of this week's Federal Reserve meeting while the yen remained supported amid concerns over the outlook for global growth.

  • Gold Price Futures (GC) Technical Analysis – Needs to Hold Short-Term Retracement Zone at $1248.90 to $1246.60 to Sustain Rally
    FX Empire12 hours ago

    Gold Price Futures (GC) Technical Analysis – Needs to Hold Short-Term Retracement Zone at $1248.90 to $1246.60 to Sustain Rally

    Based on the early price action, the direction of the February Comex gold market the rest of the session is likely to be determined by trader reaction to the short-term Fibonacci level at $1248.90.

  • Precious Metals Trade Upwards On Equity Rout Amid Subdued USD Ahead of US FOMC Update
    FX Empire13 hours ago

    Precious Metals Trade Upwards On Equity Rout Amid Subdued USD Ahead of US FOMC Update

    Gold is looking north ahead of the FOMC rate decision as Dollar is subdued in market ahead of Fed forward guidance.

  • AUD in flames, SP500 too
    FX Empire13 hours ago

    AUD in flames, SP500 too

    AUD starts this week on the back foot. From the technical point of view, the drop is supported by the Head and Shoulders formation and by the breakout of the lower line of the symmetric triangle pattern. Some may see an additional Head and Shoulders pattern, which only adds to the bearish sentiment here.

  • Reuters13 hours ago

    Rupee at near three-week high on likely soft Fed outlook, low crude

    The Indian rupee touched a near three-week high against the dollar on Tuesday on lower crude prices and expectations of fewer U.S. rate hikes in 2019 as markets counted down to a crucial Federal Reserve meeting. "There is no demand for dollars because of expectations of lesser number of Fed rate hikes," said a senior dealer at a state-run bank. The Fed will announce its rate decision after its two-day meeting ends on Wednesday.

  • Investing.com13 hours ago

    Gold Prices Slip as Focus Shifts to Fed

    Investing.com - Gold prices slipped on Tuesday in Asia as investors awaited the U.S. Federal Reserve’s latest monetary policy decision.

  • Dovish RBA Minutes Suggest Policymakers Somewhat Less Confident About Economy
    FX Empire13 hours ago

    Dovish RBA Minutes Suggest Policymakers Somewhat Less Confident About Economy

    While most of the content of the minutes was widely anticipated, the Reserve Bank did warn that falling household consumption, fueled by declining real estate values and high debt levels is a key source of uncertainty for the Australian economy.

  • Investing.com14 hours ago

    Bitcoin Surges Above $3,500; Other Major Crypto Prices Also Jump

    Investing.com - Bitcoin surged above the $3,500 mark on Tuesday in Asia, while other major cryptocurrency prices also jumped.

  • Investing.com14 hours ago

    U.S. Dollar Flat Ahead of Fed Decision; Xi’s Speech in Focus

    Investing.com - The U.S. dollar was flat on Tuesday in Asia as investors waited for the Federal Reserve to deliver its latest monetary policy decision.