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Forex

Australian May unemployment rate 4.0% (vs. 4.0% expected)

The jobless rate held steady at 4%, but jobs added surged well ahead of expectations at up nearly 40K (30K expected). And, all...

Forex

PBOC sets USD/CNY reference rate at 7.1122 vs. 7.1133 previous

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1122, as against the...

Forex

PBOC sets USD/ CNY reference rate for today at 7.1122 (vs. estimate at 7.2384)

The People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.USD/CNY is the onshore yuan. Its permitted...

Forex

Elliott Wave analysis: S&P 500, Nasdaq 100 and top tier stocks [Video]

Elliott Wave trading strategies: SP500, SPY, NASDAQ 100, QQQ, RUSSELL 2000, DAX 40, FTSE 100, ASX 200.

Forex

Citi sees a meaningful surplus of oil ahead, Brent to as low as USD55 /bbl

A note from Citi on oil on Wednesday (swamped by the CPI and Fed news), paints a not very pretty picture for oil...

Forex

USD/CAD snaps the three-day losing streak above 1.3700 on modest US Dollar recovery

The USD/CAD pair snaps the three-day losing streak near 1.3730 during the early Asian trading hours on Thursday.

VIP Dynamic Support Resistance MT5 Indicator
Forex

VIP Dynamic Support Resistance MT5 Indicator

The foreign exchange market, or Forex for short, can be a thrilling yet intimidating arena for both novice and seasoned traders. Understanding price...

Forex

USD/JPY trades with positive bias, remains below 157.00 as focus shifts to BoJ meeting

The USD/JPY pair ticks higher during the Asian session on Thursday and looks to build on the overnight bounce from the 155.70 area...

Forex

FedEx to cut up to 2,000 jobs in Europe – cost reductions in weak demand environment

FedEx announcement on Wednesday:plans to cut between 1,700 and 2,000 jobs in Europepursues further cost reductions in a weak demand environmentDevelopments at FedEx...

Forex

NZD/USD extends upside near 0.6200 amid softer US CPI, hawkish hold by Fed

The NZD/USD pair extends the rally around 0.6195 despite the weaker US Dollar (USD) on Thursday during the early Asian session.