Markets

The Euro has initially fallen during the trading session on Friday, only to turn around and show signs of strength again. The Euro has shown itself to be a bit more resilient during the trading session on Friday, as we initially sold during the Asian…

Silver failed to settle below the support at $24.55 and tries to gain upside momentum. Silver Gets Support From Weaker U.S. Dollar Silver has managed to stay above the nearest support level at the 50 EMA at $24.55 as the U.S. dollar is losing ground…

The efficiency, speed and resilience of cryptocurrencies give people financial inclusion and access advantages, said PayPal CEO Dan Schulman. Bitcoin prices surged earlier in the week after PayPal jumped into the cryptocurrency business, but not everyone in the crypto industry is thrilled with the news.…

Semiconductor-related stocks in Asia-Pacific were watched on Friday after chipmaker Intel reported mixed quarterly numbers. The major Asia-Pacific stock indexes closed mixed on Friday as investors showed little reaction to the U.S. presidential debate, while maintaining their focus on the outcome of U.S. fiscal stimulus…

AUD/USD settled above 0.7100 and is heading towards the resistance at 0.7130. Australian Dollar Continues Its Upside Move AUD/USD has managed to stay above 0.7100 and tries to continue its rebound while the U.S. dollar is mixed against a broad basket of currencies. The U.S.…

As the U.S. economy accelerates, real U.S. interest rates are going to go down further and faster. This would keep the pressure on the U.S. Dollar. The Dollar/Yen is inching higher on Thursday after posting a steep loss the previous session. The catalyst behind the…

EUR/USD managed to get above the resistance at 1.1830 and continues its upside move. Euro Continues To Move Higher Against U.S. Dollar EUR/USD gained strong upside momentum and is trying to get to the test of the resistance at 1.1870 as the U.S. dollar is…

The Euro rallied again during the trading session on Wednesday, as we continue to see the US dollar got sold off based upon stimulus hopes. The Euro rallied again early on Wednesday, reaching towards the 1.1850 level as the world awaits stimulus coming out of…

The direction of the EUR/USD the rest of the session on Wednesday is likely to be determined by trader reaction to 1.1859. The Euro is extending its gains against the U.S. Dollar on Wednesday, hitting its highest level since September 21, after U.S. President Donald…

Crude oil prices plunged significantly at mid-week trading session amid oil traders’ concerns on the latest report revealing a build-up in U.S. oil stockpiles amid the falling U.S dollar, spiking concerns that the crude oil market might be heading to saturation point. Brent crude and…