European

Dollar Downbeat Ahead Of A Busy Week For FX Markets

Gold has been undermined by rising government bond yields owing to major central banks generally turning more hawkish while the still-buoyant equity markets means there has been reduced demand for the perceived safe haven asset.

Gold Stuck Between A Rock And A Hard Place Ahead Of US CPI

Gold has been undermined by rising government bond yields owing to major central banks generally turning more hawkish while the still-buoyant equity markets means there has been reduced demand for the perceived safe haven asset.

DAX: Stocks Rebound After Big Sell-Off

After yesterday’s big sell-off, European equities have bounced back and US index futures point to a higher open on Wall Street.

Euro, Stocks Down On Profit-Taking Post French Elections

A classic reaction in the markets to the outcome of the French elections. It was widely expected that pro-euro centrist Emmanuel Macron was going to become the new President of France and that he would beat the euro-sceptic Marine Le Pen by a wide margin. And so it proved.

EUR Firms As Traders Eye Tighter ECB Policy

The euro finds itself higher across the board. The EUR/USD has risen above the 1.0800 handle again, the EUR/GBP to 0.8650 and the EUR/JPY was back at 120.00 at the time of writing.

Stocks Trim Losses

European stock markets started this last day of the month and quarter sharply lower as concerns over Deutsche Bank intensified, which undermined sentiment in the financial sector once again.

ECB Unchanged - Markets React Negatively

ECB’s inaction clearly disappointed a few people as European stock indices dropped when the policy statement was released.

AUDUSD Forecast June 23, 2016, Technical Analysis

The AUDUSD pair rose during the course of the session on Wednesday, breaking out to a fresh, new high.

Brazilian Mining Giant Sells Mega Ships To China

Brazil’s cash-strapped mining giant Vale has sold four mega freighters to a Chinese consortium for US$423 million, local media reported Wednesday.

No Monday Morning Blues For The Indices

With the Nikkei having fallen over 2% at the start of a new trading week and month, European and London traders could be forgiven for thinking their respective markets and Globex would simply follow suit.