The Dow Jones-FXCM U.S. Dollar Index rebound continues to take shape, while the AUD/JPY appears to be carving a lower high as it stalls at former support. ...
It was clearly stated by many a pundit that the euro would fail. Two years later and the euro crisis is long gone. The euro is still a strong currency. So what is going to happen next?...
(Kitco News) - Not only is China the world’s top gold-producing and consumer nation but according to media reports, the country now has plans to become a major player in market pricing....
FX market volatility trades near record-lows, and the US Dollar, Japanese Yen, and other currencies seem likely to stick to big ranges. Here’s how we’re trading. ...
(Kitco News) - Gold prices are moderately lower and scored a three-week low in early U.S. trading Tuesday. The long holiday weekend in the U.S. saw potential geopolitical tensions de-escalate just a bit. Risk appetite in the world market place is on the upswing early this week, as U.S. stock indexes are at or near record or multi-year highs, while the U.S. dollar index is weaker. June Comex gold...
The greenback fell against a basket of currencies on Tuesday following a few days of thin trading. Meanwhile, the euro held its ground following tense European Union (EU) elections that featured rising anti-EU sentiment, which threatened but ultimately failed to unseat the currency bloc’s incumbent governments....
The Euro appears vulnerable to renewed selling as dovish commentary at an ECB summit in Portugal stokes bets on a stimulus expansion at next week’s policy meeting. ...
A curb on liquidity has hurt the greenback as the market has taken the opportunity of holiday trading conditions to bid risk assets and to ease up on the long-dollar positions built up over the past few weeks. ...
The euro dipped before recovering losses against the U.S. dollar on Monday following European Union (EU) parliamentary elections that saw several anti-EU parties make significant gains. Despite thin trading due to a holiday in the U.S. and England, anxious investors also trained an eye on the outcome of the Ukrainian presidential election and a European Central Bank (ECB) hosted gathering in Portugal...
With zinc consumption on the rise and mine supply under pressure, could zinc be poised for stunning price appreciation in coming months?...
USD/JPY may shape up to be the most volatile pair this week on the back of weak advanced US GDP and raised inflation forecast for Japan. ...
After the Bank of Japan called on the government to step up reforms, Nizam Idris, Head of Fixed Income & Currency Strategy at Macquarie, discusses how it will influence the yen....
The New Zealand Dollar underperformed in otherwise quiet overnight trade following the release of disappointing Trade Balance data. ...
Copper may be set for further gains as inventories drop alongside encouraging Chinese economic data while Crude oil traders look to upcoming key US data for guidance. ...
The euro slipped, while major currencies were steady as investors greeted Ukraine election results and European Parliament votes calmly....
With respect to the Euro, we are looking to sell rallies and cover excessive dips; the ECB has disappointed with action previously, and a lack of a mini-‘bazooka’ could very-well see the Euro scream back towards its yearly highs. ...
Record highs for the US equity market are now cause for murmurs of doubt. Skepticism doesn't rest just with the S&P 500, it is proving a univesal sentiment. How will this impact the Dollar and FX markets this week? ...
It was a week of contrasts. Through Friday’s close, the S&P 500 surged to a record high. Yet, at the same time as this ‘risk’ benchmark made its move higher, the traditional safe haven US Dollar strong-armed a bullish reversal. ...
CNBC's Tyler Mathisen looks ahead to what are likely to be next week's top business and financial stories. The unofficial start of summer is followed by a lot of data next week. Gas prices are about where they were last year. Earnings season winds down. ...
Ukraine goes to the polls on May 25 against a backdrop of unprecedented uncertainty. Picture what the voters have seen this year: first, a democratically elected government overthrown in a popular uprising; then, the annexation of part of their country, the Crimea, by Russia; next, incursions by Russian or pro-Russian fighters into other areas of the country; and finally, yesterday, the deaths of 16...