The FTSE 100 (FXCM: UK100) has now breached its January 26 low of 5767 and is expected to drift to the January 21 low of 5660 over the coming days ahead. Traders not short will most likely use a pul...
They were wrong. The best part of waking up isn’t the prospect of sipping on some dreadful freeze-dried coffee. It is, instead, holding my breath, bracing myself, turning on my screen, and see it co...
XAU-USD jumped more than 1.5% on Friday in response to the actual Non-Farm Payrolls data missing expectations in the US. The yellow metal closed last week at $1173.06. The reading for January showed t...
After Friday’s labor report from the US, the greenback today is once again under some pressure. While new private sector jobs growth fell in January, missing analysts’ expectations, the unemployme...
Credit Suisse analyst Dan Galves sees macro worries, negative sentiment on auto stocks, and declining oil prices as understandable reasons why Tesla shares have sold off recently. However, he also thi...
OVERNIGHT MARKETS AND NEWS March E-mini S&Ps (ESH16 -1.31%) are down -1.12% at a 2-week low and European stocks are down -2.11% at a 15-1/2 month low on global economic concerns. Weakness in ...
(from my colleague Dr. Win Thin) EM assets for the most part fared well last week, and positive sentiment should carry over into this week. China reported January foreign reserves over the weekend,...
The Bank of Japan’s introduction of negative interest rates is one of the most significant events to hit the FX market recently. By taking this action, the BoJ has basically said that its bond-buyin...
GBPUSD: Having declined on further weakness during Monday trading session, GBPUSD looks to weaken more on bearishness. On the downside, support lies at the 1.4350 level where a break will turn attenti...