The greenback came under selling in Asia and European morning on profit taking Friday but then gained broadly in New York morning due to safe-haven usd buying on political uncertainty ahead of U.S. presidential elections as well as continued fear on rise in coronavirus infections. However, dollar pa

Gold remains stuck in a four-week-long descending triangle.  A widely-tracked momentum indicator is teasing a bullish revival.  Gold's multi-week consolidation in a narrowing price range could end with a bullish breakout, as a widely-tracked daily chart indicator is about to turn bullish.  The yell

S&P 500 Futures step back from the all-time high of 3,541.62. “Serious differences over the US stimulus, dovish comments from RBNZ, BOJ join Aussie Q2 GDP to challenge optimists. US ADP data, updates over the virus, American aid package will be key ahead of Friday’s NFP. S&P 500 Futures rec

The total value of retail sales in South Korea was down a seasonally adjusted 6.0 percent on month, Statistics Korea said on Monday. That missed expectations for a decline of 3.5 percent following the 3.4 percent increase in June. On a yearly basis, retail sales rose 0.5 percent - again shy of expec

GBP/USD marks another failure to cross 1.3200 despite keeping bounce off 1.3115. A two-month-old support line adds to the downside filters. Bulls will have a bumpy road ahead unless crossing the late-December 2019 top. GBP/USD struggles to keep the previous day’s upside momentum while easing to 1.3

EUR/USD - 1.1848 The single currency's selloff from yesterday's Asian high at 1.1952 to as low as 1.1831 in New York afternoon after the release of FOMC minutes suggests Medium Term upmove has made a temporary top at Tuesday's fresh 2-year peak at 1.1965 and consolidation with downside bias remains

GBP/USD witnessed a dramatic intraday turnaround from YTD tops set on Wednesday. The FOMC minutes-led strong USD rebound prompted some aggressive long-unwinding. Investors now await updates on the latest round of Brexit negotiations for a fresh impetus. The GBP/USD pair refreshed YTD tops on Wednes

DAX: Key resistance at 12955.00 Stay on top of the markets with Swissquote’s News & Analysis Pivot (invalidation): 12955.00 Our preference Short positions below 12955.00 with targets at 12800.00 & 12730.00 in extension. Alternative scenario Above 12955.00 look for further upside with 13

Photo: ATFX ATFX (UK) has revealed exclusively to Finance Magnates that it has received regulatory approval to increase its share capital by £3.15 million, only months after the foreign exchange (forex) broker previously boosted its share capital by £1.5 million. According to a statement seen by F

Positioning data is overstretched and bets are being laid for a short term top in EUR/USD. Various fundamentals could come into play to start driving in demand for greenbacks again. EUR/USD is trading at 1.1763 between a range of 1.1695 and 1.1796, pressured as market positioning hits extremes and