Janet Yellen The New Favourite to Head US Fed After Summers Withdraws
There are three candidates being discussed as possible replacements to Ben Bernanke, chairman of the...
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Larry Summers Withdrawal Boosted Stock Markets
US shares have closed higher on the news of former US Treasury Secretary Larry Summers’ withdr...
Greek Prime Minister Expects Recovery in 2019
Greek Prime Minister Antonis Samaras has said the debt-ridden country could return to pre-crisis liv...
UK Inflation Falls to 2.7 Percent in August
UK inflation measured by the consumer prices index (CPI) fell to 2.7% in the year to August, from 2....
European Car Sales Fall 5 Percent in August
European car sales fell 5% in August compared to the same month last year according to the European ...
US Futures Marktes Quiet Before Fed
U.S. stock index futures were little changed before the start of the Federal Reserve’s two-day...
AUD/USD – Slight Gains as RBA Keeps Door Open to Rate Cuts
AUD/USD has posted modest gains against the US dollar in Tuesday trading. The pair is trading in th...
USD/JPY – Almost Unchanged Ahead of Fed Policy Meeting
USD/JPY is treading very softly, showing almost no movement in Tuesday trading. In the European sess...
EUR/USD – Modest Gains As ZEW Economic Sentiment Sparkles
EUR/USD is slightly higher Tuesday trading, as the pair is trading in the mid-1.33 range in the Eu...
Caution: Dollars Risk and Rewards Soon To Be Delivered
With tomorrow’s FOMC projections and announcements being such a big deal, it’s only natu...
WTI Crude Technicals – Seeking More Bearish Targets With 107.0 Broken
Hourly Chart Crude Oil continued the downtrend of early Monday morning after yet more QE Taper fears...
Gold Technicals – Heading Lower But 1,300 Remains Firm
Gold prices pushed lower as expected, but have found strong support just above the 1,300 round figur...
EURUSD moves up to 1.3350, AUDUSD edges up to 0.9320, GBPUSD likewise to 1.5930, USDJPY at 99.25, gold at 1320
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AU’s S&P/ASX 200 index up slightly to close at a new five-year high for a second consecutive day. AUD/USD at 0.9318
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Investors will be closely watching the FOMC’s policy decision on Wednesday, when the Fed is widely expected to begin QE tapering
Content is for general information purposes only. It is not investment advice or a solution to buy o...
Korea’s Won retraces from Six Month High to 1,085.25 per dollar
South Korea’s won retreated from a six-month high and government bonds gained after data showing a...
AUD/NZD back up to 1.14 After RBA Minutes
Australia’s dollar snapped the steepest advance versus its New Zealand counterpart in two weeks af...
European car sales resume slide in August as VW, Peugeot tumble
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Looming Fed Stimulus Decision sees U.S. Dollar hold near 4-week Low
The dollar wallowed near a four-week low on Tuesday as traders waited with bated breath for the outc...
USD/SGD – Looking Bearish Despite Falling SG Exports
Singapore’s Non Oil Domestic Exports (NODX) continue to decline for the 7th straight month, sh...