Markets

EUR/USD - Euro to Dollar

1.0558
09:58:54(GMT)
-0.0061
(-0.57%)*Daily Change

TECHNICAL SUMMARY

NEUTRALMoving Averages
BUYTrend Indicators
BUYNumeric Indicators
NEUTRALVolatility Indicators

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LATEST NEWS

gold-weekly
9 hours ago

Firmer Treasury Yields, Rising U.S. Dollar Pressure Gold Prices

The stronger U.S. Dollar and prospects for another rate hike helped gold edge lower on Friday. The market was headed for a fifth straight weekly decline. Gold is also being pressured by rising U.S. Treasury yields and U.S. equity prices that are hovering near all-time highs. Spot Gold was trading $1160.69, down $6.910 or -0.59%. … Continue reading Firmer Treasury Yields, Rising U.S. Dollar Pressure Gold Prices

Macau Limits ATM Withdrawals
20 hours ago

Macau Limits ATM Withdrawals

Asian markets were mixed this morning in Asian and Pacific Rim trade despite the ongoing post-election rally in US stocks. There is regional turmoil as South Korea’s president could be impeached. In South Korea, the Kospi Composite Index fell half a percentage point as investors are waiting on the fate of the country’s sitting President … Continue reading Macau Limits ATM Withdrawals

stocks-monthly-news
yesterday

Pro-Business Investors Extend Trump Rally; Major Indexes at All-Time Highs

The “Trump” rally continued on Friday with all three major stock indexes hitting record highs. After consolidating most of the early session, the markets took off to the upside after the release of the European Central Bank’s monetary policy statement. In the cash market, the benchmark S&P 500 Index was trading at 2247.01, up 5.66 … Continue reading Pro-Business Investors Extend Trump Rally; Major Indexes at All-Time Highs

Asia Follows the Rally on Wall Street
2 days ago

Asia Follows the Rally on Wall Street

This morning in Asia, as well as the Pacific Rim, markets were mostly upbeat as they followed the rally on Wall Street overnight. Once again, US financial markets hit record highs. Investors were also buoyed by data out of China as trade data came in better-than expected. In Australia, the S&P ASX 200 jumped over … Continue reading Asia Follows the Rally on Wall Street

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LATEST FORECASTS

Colin First

EUR/USD Fundamental Analysis – week of December 12, 2016

EURUSD had a negative week as a combination of higher yields in the US along with the extension of the QE program by the ECB helped to push down the pair towards the range lows at 1.0550. The key event for last week was the ECB rates and the following press conference by Draghi and … Continue reading EUR/USD Fundamental Analysis – week of December 12, 2016

James Hyerczyk

EUR/USD Mid-Session Technical Analysis for December 9, 2016

The EUR/USD is trading lower on Friday. The market is still feeling pressure from yesterday’s European Central Bank Decision. Higher global equity markets and high expectations for a rate hike by the Fed on December 14 are also weighing on the Forex pair. Technical Analysis The main trend is up according to the daily swing … Continue reading EUR/USD Mid-Session Technical Analysis for December 9, 2016

David Becker

EUR/USD Prediction for December 9, 2016

The EUR/USD whipsawed following the ECB meeting where the central bank disappointed market participants with an extension of their asset purchase program, that was combined with a potential tapering of the volume of assets from 80 billion per month to 60 billion per month.  The currency pair initially shot higher, zipping up to resistance near … Continue reading EUR/USD Prediction for December 9, 2016

Christopher Lewis

EUR/USD Forecast December 9, 2016, Technical Analysis

The EUR/USD pair initially tried to rally during the day on Thursday but found itself turning around due to the fact that the ECB is going to expand and links in its quantitative easing overall, and that of course is negative for the Euro. We seem all but guaranteed to test the 1.05 level below … Continue reading EUR/USD Forecast December 9, 2016, Technical Analysis

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