0.0 00 The euro fell sharply during Asian trade hours, including the benchmark EUR/USD Forex market. This comes after news emerged that coalition talks to form a new German government have collapsed. The pro-business political party, …
Read More »The Kiwi Dollar Continues to Slide Lower through Key Support
0.0 00 The New Zealand dollar, also known as the Kiwi dollar, has broken through a key support level that has supported the NZD/USD Forex market since mid-May. This hints of even more losses are ahead …
Read More »Oil Prices Set for Weekly Fall on Oversupply Concerns
0.0 00 Oil prices are set for their first weekly in six weeks. Price action steadied down during Asian trade hours. However, investors are concerned about a surge in supplies and production in the United States. …
Read More »Increasing U.S. Supplies weigh on Crude Oil Prices
0.0 00 Crude oil prices, this morning, were loser thanks to increasing shale production in the United States. However, prices were prevented from falling lower by renewed hopes that OPEC will extend an ongoing production cut …
Read More »Asian Markets Cautiously Higher Thursday Morning
0.0 00 Asian markets were cautiously higher, this morning, despite a down day on Wall Street. In Japan, the benchmark Nikkei 225 ended a six day losing streak. Financial plays, retailers and technology stocks supported the …
Read More »Australian Dollar Gains despite Weak Jobs Report
0.0 00 This morning saw the Australian dollar appreciate against its major Forex trading partners including in the benchmark AUD/USD Forex market. This appreciation comes despite that the Down Under added few jobs than expected for …
Read More »Gold Traders wait on U.S. Consumer Data
0.0 00 The price of gold futures, held steady during early trading hours in Asia. The bullion had hit a more than one week low in the previous session. Also, the U.S. dollar edged higher and …
Read More »Japanese Economic Growth Data Misses the Mark
0.0 00 This morning the Japanese gross domestic product for the third quarter, crossed the wires and it missed the mark falling short of expectations. However the Japanese yen was steady against its G 20 trade …
Read More »Australian Wage Growth Disappoints Traders
0.0 00 The big market mover for the Australian dollar was today’s employment data out of Australia. After the release the Australian dollar shed some half a percent against its G 20 trading partners, including the …
Read More »Oil Traders watch OPEC and Rising U.S. Output
0.0 00 Crude oil contract prices fell this morning during Asian trade hours as traders are cautious. They are watching ongoing OPEC supply reductions could be impacted thanks to rising tensions in the Middle East. Traders …
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