U.S. stocks fell sharply on Thursday, extending losses into a fourth day for two of the benchmark indexes, as equities and commodities were hit after a surprise rise in jobless claims. Down for the third session this...
Today, with the release of some inflation data from the United Kingdom as detailed PPI data are due at 08:30 GMT the UK ends its data release this week. However, more concentration will be on US data...
The U.S Dollar got oversold against most of the major pairs resulting in short covering in the USD across the board, seems to be changing in case of the Dollar Index (DXM11) though consistently trading above 74.50...
With today’s Non-Farm Payroll (NFP) figure on the way, traders appear to have lost tremendous optimism about the stability of their portfolios and have temporarily shifted to safety. The US economy has so far benefited from this...
Market Review – 05/05/2011 20:26 GMT Euro tumbles sharply as ECB’s Trichet signals ECB will not raise rates in June The single currency tanked broadly on Thursday after European Central Bank President Jean-Claude Trichet surprised the market...
Expectations for the ECB and BoE rate decisions. Asian and European trading sessions:
U.S. stocks and commodities slid sharply Wednesday as disappointing data on the services sector and jobs overshadowed enthusiasm on corporate deal-making. We don’t think it’s the start of a bear market, but the chances of a near-term...
Commodity prices broke downward yesterday as Gold, Crude Oil, and Silver all declined. Gold is certainly still within the higher realms of its trend and it might be foolhardy to consider its upward momentum a thing of...
EUR/USD Time: 00.30 Rate: 1.4827 Strategy: short Daily time frame
AUD/USD had a sharp drop in value today, finding the 1.07 support area in the process. The pair needed this fall, and this could present itself as a buying opportunity. However, we want to see support hold...
