Market Overview

Donald Trump’s First Major Budget By AvaTrade - May 24, 2017

Donald Trump’s first major budget has now been released. At the core of the economic proposal, Trump has asked Congress to approve $3.6 trillion worth of spending cuts, including slashing aid to...

Boris Schlossberg
USD Catches A Mild Bid By Boris Schlossberg - May 24, 2017

Market Drivers May 24, 2017 Moody’s downgrades China ECB Constancio mildly bullish Nikkei 0.66% Dax -0.21% Oil $51/bbl Gold $1252/oz. Europe and Asia:NZD Trade Balance 572M vs. 268M North ...

Ara Zohrabian
US Stocks Rise Despite Mixed Data By Ara Zohrabian - May 24, 2017

US stocks post fourth straight session of gains US stocks ended higher on Tuesday fourth session in a row after the release of 2018 budget proposal by White House spurred expectations of progress with...

Technical Trading
Forex, Dow Jones Levels: May 24,2017 By Technical Trading - May 24, 2017

EUR/JPY Today’s support: - 124.73 and 124.42 (main), where correction is possible. Break would give 123.99, where correction also may be. Then follows 123.78. Break of the latter would result ...

Jeremy Cook
China Downgraded, Sterling Defiant By Jeremy Cook - May 24, 2017

Terrorism threat lingers over sterling Sterling was volatile within its recent range yesterday and finds itself below 1.30 against the USD and a little above 1.16 versus the euro this morning. News ...