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The precious metal builds on last week’s gains. US Dollar Index extends slide on Monday. Trading volume thins out in the NA session. After closing the previous week $8 higher, the troy ounce of the precious metal started the week on a strong note and recorded steady gains to touch its highest level since April
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The cross gathers further traction beyond the 125.00 handle. Risk-on sentiment continues to support the up move. US-China trade negotiations to resume later in the week. The now better tone in the European currency is helping EUR/JPY to advance further and print fresh daily highs near 125.20. EUR/JPY now targets 126.00 and beyond After three
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Holidays in the US (President’s Day) and Canada (Family Day) kept activity muted, with the regional currencies/economies taking the focus, for a change. Thai growth beats forecast Thai economy grows faster than expected in the fourth quarter, gaining 0.8% quarter-by-quarter and 3.7% from a year earlier. This compared with forecasts of +0.7% and +3.6%, respectively.
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President Donald Trump speaking in the Rose Garden at the White House on February 15, 2019. Photographer: Al Drago/Bloomberg photo credit: © 2019 Bloomberg Finance LP© 2019 Bloomberg Finance LP In two weeks, China will probably be hit with 25% tariffs on $200 billion worth of goods. If not by March 1, then after any trade
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Daily Markets Broadcast 2019-02-18 Wall Street climbs as trade talks progress US-China trade talks supposedly made significant progress last week, so much so that they will continue in Washington this week. China’s new loans data suggest stimulus measures may be taking hold. US30USD Daily Chart Source: OANDA fxTrade The US30 index posted the biggest one-day
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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
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Good morning, welcome to the start of the FX week. With just the New Zealand market started at this time of the week market liquidity is super thin, as always. Price can move on not much at all, take extra care until liquidity improves as more centres enter the market.  EUR/USD 1.1294 USD/JPY 110.41 GBP/USD
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Ken Xie, president, and chief executive officer of Fortinet Inc.BLOOMBERG NEWS After the best January in 32 years, the S&P 500 rally continues. Since the world’s economic problems clearly have not been solved, I’ve asked my managers to name a stock that won’t lose money if the market fades. Last month, Wayne Himelsein told us why he thought
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