Dollar Index Steady ahead of FOMC
The US dollar was little changed against a basket of world currencies Wednesday, as investors looked ahead to a policy announcement from the Federal Reserve later...
GBP/USD: Cable Edges Higher as UK GDP Accelerates
Cable traded higher on Tuesday after data from the Office for National Statistics (ONS) showed UK economic growth accelerated in the second quarter. However,...
EUR/USD Advances on Upbeat German Ifo
The EUR/USD surged more than 100 pips on Monday, briefly surpassing 1.11 after the Ifo Institute said German business confidence rose unexpectedly in July.
The...
US Dollar Takes Flight amid Rout in Commodities Market
The US dollar rose against world currencies Friday, as gold plunged to new five-year lows after PMI data from China and the Eurozone raised...
GBP/USD: Cable Rallies as BOE Unanimous on Holding Interest Rates
The GBP/USD advanced on Wednesday for the first time in three days after the minutes of the July Bank of England policy meetings suggested...
US Dollar Well Supported as Commodities Plunge
The US dollar was well supported against a basket of currencies Tuesday following a rout in the commodities market that sent crude oil prices...
EUR/USD Holds Ground as Greece Begins Debt Repayment
The EUR/USD gained modestly in Monday’s European session, as Greece began repaying its debt to the International Monetary Fund and European Central Bank, while...
Dollar Index on Pace for Biggest Weekly Gain since May as...
The US dollar index has gained 1.7% over the past four days and is pacing for its biggest weekly gain since May, as investors...
EUR/USD Backtracks as ECB Leaves Rates Unchanged
The EUR/USD was on its heels Thursday, as the markets awaited key remarks from Mario Draghi after the European Central Bank held interest rates...
Factors That Will Shape The Markets The Next Quarter
Factors That Will Shape The Markets The Next Quarter!
Throughout the past several years, the market has been running with the bulls. However, there are...
GBP/USD: Cable Slides on Disappointing Job Numbers
The GBP/USD was on its heels Wednesday, but remained well supported above 1.5600 following disappointing UK job numbers.
The GBP/USD rose to an intraday high...
GBP/USD: Cable Spikes as Carney Says Rate Hike Getting Closer
The GBP/USD surged more than 130 pips on Tuesday after Bank of England Governor Mark Carney said the time for an interest rate increase...
EUR/USD Declines as Grexit Averted
The EUR/USD declined on Monday, as risk sentiment return to the financial markets after Greece and its Eurozone partners reached an 11th hour deal...
Why Now May Be The Time To Consider Buying Baidu
Baidu has been a great stock to watch over the past several years; and now, it seems to be presenting quite the opportunity. Today,...
EUR/USD Surges as EU Acknowledges “Thorough” Greek Debt Proposal
The EUR/USD climbed around 150 pips on Friday amid signs the European Union and Greece would finally come to terms on a new bailout...
EUR/USD Turns Negative as Grexit Fears Escalate
The EUR/USD edged lower on Thursday after European Central Bank President Mario Draghi said it would be difficult for Europe to prevent a Grexit...
US Dollar Eases Off Highs ahead of FOMC Minutes
The US dollar declined against world currencies on Wednesday, as investors shifted their attention to the minutes of the June Federal Open Market Committee...
GBP/USD Crumbles as US Dollar Poised for Breakout
The GBP/USD plunged by nearly 200 pips on Tuesday, as risk aversion sent the US dollar to its highest level since June 1.
The GBP/USD...
EUR/USD Recovers 1.10 as Greek “No” Vote Weighs
The EUR/USD rebounded from fresh lows on Monday after the Greek people rejected international creditors’ bailout reforms in Sunday’s referendum, leading to speculation that...
Euro Moderately Higher ahead of Greece Referendum
The euro traded slightly higher against its US and British counterparts on Friday, as investors responded positively to upbeat Eurozone data ahead of Sunday’s...