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Euro: Gradual upside as Fed and ECB converge – Commerzbank
Commerzbank economists, led by Dr. Jörg Krämer and colleagues, expect the Fed and ECB to keep rates ...
Gold slides to a 3-month low below $4,000: 3 analysts agree it's under pressure, and disagree on the floor
Gold (XAU/USD) has tumbled below $4,000 to a fresh three-month low as surging Oil prices revive infl...
The IMF Just Raised Its Economic Growth Forecast. Buried in the Report Is a Warning for Stock Investors.
Economic growth is becoming increasingly reliant on one theme and a smaller number of economies....
EUR/GBP Price Forecast: Eases from 0.8575 resistance with the bullish bias intact
The Euro (EUR) is nursing moderate losses against the British Pound (GBP) on Wednesday, as bulls failed to find acceptance above the 0.8575 resistance area on Tuesday.
Amazon approaching deeper wave four correction ahead of earnings [Video]
Amazon is currently showing an impulsive retracement from the upper diagonal trend line, with a clear five-wave decline from the highs.
EUR/GBP Price Forecast: Eases from 0.8575 resistance with the bullish bias intact
The Euro (EUR) is nursing moderate losses against the British Pound (GBP) on Wednesday, as bulls failed to find acceptance above the 0.8575 resistance area on Tuesday.
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Wednesday, according to FXStreet data. Silver trades at $57.92 per troy ounce, up 1.36% from the $57.14 it cost on Tuesday.
GBP/USD Price Forecast: Near-term bias remains bearish ahead of Fed-BoE policy
The British Pound (GBP) is marginally higher at around 1.3300 against the US Dollar (USD) during the European trading session on Wednesday. The GBP/USD pair edges up as the US Dollar ticks lower ahead ...
Dow Jones futures gain ahead of Fed policy decision
Dow Jones futures gain 0.11% to trade around 53,000 during European trading hours on Wednesday. Meanwhile, S&P 500 futures rise 0.16% to trade near 7,480, though Nasdaq 100 futures decline 0.17%, trad ...
Swiss Franc remains depressed despite brightening ZEW Economic Expectations
The US Dollar (USD) holds gains near 13-month highs against the Swiss Franc (CHF), with the USD/CHF pair trading a few pips shy of 0.8200, set for a 1.3% monthly rally.
Equities: Record allocation sustains Dollar exposure – BNY
Geoff Yu at BNY reports that global equity allocations have reached a record share of portfolios, with United States (US) markets dominating both equity and fixed-income holdings.
United Kingdom M4 Money Supply (YoY) increased to 5% in June from previous 4.3%
United Kingdom M4 Money Supply (MoM) above expectations (0.2%) in June: Actual (0.8%)
US Dollar: Long positioning faces FOMC risk – DBS
DBS Bank’s Philip Wee notes that Dollar bulls have built substantial long USD positions ahead of the FOMC, encouraged by Brent’s sharp rebound and expectations of a surprise rate hike by Chairman Kevi ...