Draghi was dovish, the ECB’s monthly bulletin showed worries and the retail PMI remains in negative territory. Nevertheless, the common currency keeps taking advantage of the weak greenback and EUR/...
S&P 500 The S&P 500 initially fell during the course of the session on Wednesday, testing the 1880 region. We bounced from there and ended up forming a hammer, and that of course is a very bul...
The oil price collapse was one of the biggest stories of 2015. It caused ripples and shocks throughout the global financial system, as energy exporting nations, shareholders and oil and gas companies ...
Gold rallied to its highest in nearly 14 weeks on Wednesday as falling equity markets and weakness in the U.S. dollar underpinned the precious metal. The XAU/USD pair was able to cleanly break through...
Yesterday’s Trading: In mid-December the euro bulls didn’t manage to strengthen above 1.10. Now they are in jubilation on part of New York Fed chief Dudley who helped them pass the important techn...
The dollar tanked the most in seven years against major currencies as data indicating a slowdown in service industry growth fueled concern over the strength of the U.S. economy. American stocks staged...
Video length: 00:01:54 Â During the course of the day on Thursday, we get several announcements but really nothing that we think is going to drastically move the markets. We have the Monetary Policy ...
So much for the services savior? The worries about manufacturing weakness spreading are spreading. It’s maddening only because it was entirely predictable, maybe even inevitable. If consumers arenâ€...
Weatherford International (WFTÂ –Â Analyst Report)Â released their fourth quarter earnings after market close yesterday, posting earnings of $-0.13 and revenue of $2.01 billion. Currently, WFT h...