FX U-Turn: Why USD/JPY Pullback Should Be TemporaryWill PMIs And Draghi Drive EUR Below 1.28?GBP: Crushed By Retail Sales And BoE MinutesAUD Hits Fresh 10-Month LowsNZD: Chinese PMI Numbers Could ...
U.S. stocks fell, Wednesday, reversing an early rally amid rising concern that the Federal Reserve may soon scale back its stimulus efforts if the labor market continues to improve. All 10 sectors in ...
Bank of Japan meeting was fairly uneventful overnight, but currencies remain Ground Zero for volatility trading.I'm of the opinion that the US Dollar is closer to a trading high than a low, but be ...
Gold’s been on a wild ride. After reaching a peak of $1,920 an ounce in September 2011, gold has tumbled 28% to the current ~$1,380 level forcing John Paulson to take a 47% loss in his gold fund...
The markets reached another record high Tuesday as the Dow added 50 points and the S&P, nearly three points. All eyes will be on Fed Chairman Ben Bernanke’s testimony at 10:00 am EST ...
EUR/USD Today’s support: - 1.2858 and 1.2838(main), where correction is possible. Break would give 1.2803, where correction also may be. Then follows 1.2780. Break of the latter would result in...
The gold market sellers aren't taking a breather, and are still pushing prices lower. The latest downswing stopped just slightly above the recent lows, which is giving buyers hope that supply is too ...
“Exit strategy” is the current buzz phrase among market watchers, with the dollar rallying in recent days and weeks on expectations that all is well with the US economy again, and that the...
Market Movers for May 22, 2013BOJ would decide on further JGB purchases sends USD/JPY towards 103.00UK Retail Sales worst since April 2012 Cable below 1.5100Nikkei 1.60% Europe 0.06%Oil $95.81Gold ...
A mixed day for the dollar, with EUR and JPY gaining modestly while the commodity currencies and CHF lost ground against the USD. The biggest loser was GBP, while the Scandis --- SEK and NOK – ...
