In forex markets, most investors use technical analysis. Compared with fundamental analysis, technical analysis has many advantages.
Recently, the Wall Street equity indices ended higher over 1% while the WTI closed above 1.53% as the two parties are expected to agree on a new round of fiscal stimulus bill.
Oil prices fell on Tuesday as demand concerns driven by COVID-19 outweighed hopes that U.S. lawmakers and the White House were nearing an agreement on a new stimulus package to revive the world's biggest economy.
Prices of gold and silver saw a large retreat four weeks ago just after I published the Negative Points of Buffett’s Buying Gold-Mining Stocks. Trends of precious metals are seemingly simple but yet proved to be tricky.
The Federal Reserve Vice Chair Randal K. Quarles said in a recent speech that he was optimistic about the country's economic outlook, which could push the dollar higher in the short term and keep the dollar dominating non-USD currencies.
The dollar hovered near a two-month peak against at a basket of currencies on Monday as investors look to a barrage of upcoming economic data and political developments in the United States before making any fresh bets on the U.S. currency.
ESMA restrictions drag down ICM Capital’s 2019 revenue. The year-on-year revenue of the brokerage went down by 64 percent.
Currently, the US is seen to be doing better than Europe and market players are moving out from the euro to the dollar.
Recently, the US dollar surged at the expense of gold prices. European countries have imposed new restrictions as coronavirus cases come roaring back, which fuels negative sentiment in markets.
A forex investor lately gave a call to WikiFX, hoping to learn more about the broker Elite Capitals' regulatory information and business conditions.
On Thursday, WTI crude oil established a firmer footing above $39.0 and rallied again to an intraday high of $40.36 after suffering an overnight pullback.
Small businesses in India, already struggling amid the pandemic, are now having to repay mounting debt after a loan holiday ended last month.
Trying to gain an income from trading and investing gets tiring after a while, especially when we face a streak of losing trades or inactivity in the market. It happens to the best of us.
Recently, AUD/USD traded to a fresh monthly low of 0.7128 with sharp gains in the US dollar and a decline in global stocks.
JPMorgan Chase & Co is moving about 200 billion euros ($234 billion) of assets from the United Kingdom to Germany as a result of Britain’s exit from the European Union, a source familiar with the matter said on Wednesday.
The US Dollar Index bounced up by around 1% after releasing the minute of Federal Reserve Board on 19 Aug, breaking the record high since this March.
The Reserve Bank of New Zealand (RBNZ) will release its interest rate decision on September 23 at 10:00 (GMT+8).
Recent news of Alibaba Group's US$3 billion investment into ride-hailing company Grab is the latest of its ventures in Southeast Asia as it looks for global expansion.
Last week oil market closed once again with no major news, continuing to fluctuate below $45 a barrel despite production cuts.
On Monday, gold prices continued retreating in Asian markets while trimming early losses below $1,900 to $1,882 in U.S. markets.
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