European Stocks Decline amid Syria Tensions
European stocks declined sharply on Tuesday after Turkish fighter jets shot down a Russian warplane in Syria, leaving investors fretting about escalating geopolitical risks.
All...
Dollar Strength Weighs on Gold Price
The US dollar pushed higher on Monday, driving gold prices back toward six-year lows as investors continued to price in a rate hike from...
European Stocks Edge Higher on ECB Stimulus Hopes
European stocks advanced on Friday in a choppy day of trade, as investors remained hopeful that the European Central Bank (ECB)Â would expand its stimulus...
Global Stocks Rally on Fed Minutes
Global stocks advanced on Thursday, following Wall Street higher amid clear signals from the Federal Reserve that interest rates will rise next month.
The minutes...
Gold Hits 2010 Lows as Investors Eye Fed Rate Hike
Gold prices continued lower on Wednesday after plunging $15 in the previous session, as the markets braced for the first Federal Reserve interest rate...
Prodigy tradersdna: Forex Majors Weekly Overview
You could see that Ross has four open trades at the bottom of the screen. All four of those trades actually...
European Stocks Turn Higher on Stimulus Bets
European stocks rebounded on Tuesday after geopolitical concerns left investors hopeful that the European Central Bank would introduce more stimulus next month.
The pan-European STOXX...
Rethinking Apple Music’s Flop Status
Back in September, all facts pointed toward Apple’s new initiative to take back the music industry being a major flop. With the confusing departure...
US Dollar, Gold Rise after Paris Attacks
Global safe havens rose on Monday, as investors turned to risk-off trading following the terrorist attacks in Paris on Friday.
More than 120 people were...
EUR/USD Turns Back from 1.08 on Disappointing Eurozone GDP
The EUR/USD was back on the defensive Friday, giving up the previous session’s gains after government data showed an unexpected slowdown in Eurozone growth.
The...
Euro, Stocks Drift Lower as Draghi Hints at Additional Stimulus
An indication from European Central Bank President Mario Draghi that further monetary easing may be coming next month weighed on the euro on Thursday...
Gold Prices Aren’t Doing So Hot
Gold prices have been on a tear lately, and I’m not meaning that in a good way. Last week, it slipped a day ahead...
GBP/USD Advances on Falling UK Unemployment
The GBP/USD advanced for a third consecutive day on Wednesday, but gains were seen as limited after government data pointed to sluggish wage growth...
EUR/USD Falls Below 1.07
The EUR/USD traded lower on Tuesday, as investors digested disappointing Chinese inflation figures amid growing expectations for a US interest rate increase next month.
The...
Asian Stocks Rise on Prospect of China Stimulus
Asian stocks diverged Monday, but closed mostly higher after government data showed another deterioration in China’s terms of trade, raising the prospects of additional...
Dollar Spikes to 7 ½ Month Highs on Surging Nonfarm Payrolls
The US dollar was trading at seven-and-a-half month highs against a basket of world currencies Friday after government data showed a much bigger than...
GBP/USD Declines as BOE Leaves Rates Unchanged
The GBP/USD declined more than 100 pips Thursday, as the Bank of England acknowledged renewed downside to inflation while voting to keep interest rates...
European Stocks Rise amid Draghi Guidance, US Jobs Slowdown
European stocks continued to rally on Wednesday after Mario Draghi reiterated the European Central Bank’s commitment to support the euro area economy, as investors...
Exxon Mobil Coping Well With Lower Oil Prices
Last week Exxon Mobil released its Q3 earnings, and despite a huge drop-off due to the current state of the oil market, it’s coping...
EUR/USD Back Below 1.100 ahead of Data Deluge
The EUR/USD turned lower on Tuesday, as the dollar regained its footing ahead of an active trading week headlined by nonfarm payrolls on Friday.
The...