Prospects of a deal with the EU has sent sterling to its best level in two months against the dollar. It reached $1.3430 in early European turnover. It had sunk to nearly $1.3220 yesterday as Europea...
Oils traders have been watching OPEC and OPEC+ meetings closely – even though their attempt to stifle oil production had been derailed, both by some of its own members and by the U.S. ramping up the...
BTC/USD just crossed the closely-watched $10,000 line. This was eyed by many people and become closer to reality over the weekend. After Bitcoin achieved the big prize, is the sky the limit? Will thi...
GBP/USD 4 hour The GBP/USD made a bearish bounce at the resistance (red) zone but then found strong support about half way the range. The bullish bounce is showing strong momentum and price could now ...
Gold prices ended Tuesday’s session down $0.63 as the dollar strengthened on the back of the better-than-expected U.S. data. The Conference Board’s consumer confidence index came in at 129.5, up f...
Michael Pettis at China Financial Markets says, “China’s growth is running out of Steam.” Blackrock brushes off concern. On October 20, Blackrock global chief investment strategist, ...
The USD is mixed, slightly higher against the EUR, unchanged against the AUD and down against GBP which has been very volatile yesterday when firstly GBP fell but then turned out very strong after the...
The South African economy has been experiencing low demand for exports and going through political turmoil that has weighed on its economy’s growth. Sequentially, GDP declined an annualized 0.3% in ...
U.S. equities were solidly in the green, with the major indexes notching fresh highs, shrugging continued tax reform uncertainty and anxiety over North Korea’s latest missile test. The gains cam...