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Technical Forex News

US Session: The market left shell−shocked on Draghi

The US session was scrambling around in a panic on the back of Europe’s action with Draghi taking the spot light delivering a speech that left markets with a strong indication that we will see further...

Majors

GBP/USD shifting through gears but now back into neutral

GBP/USD is trading at 1.5658, down -0.24% on the day, having posted a daily high at 1.5716 and low...

EUR/JPY wiped out Nov low; Draghi intent

EUR/JPY is trading at 145.93, down -1.42% on the day, having posted a daily high at 148.46 and low...

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Fundamental News

Brent oil rises above USD 80

Brent oil rose above USD 80 levels after China rate cut and on speculation that Oil and Petroleum Exporting Countries (OPEC) group may cut output next week.

Flash China Manufacturing PMI in Nov at 6−month low

The preliminary Chinese HSBC Manufacturing PMI (Nov) came at 50.00 vs 50.3 exp and 50.4 last.

US Fed's Williams: Growth with low real interest rates poses a risk

US Fed's Williams, seen as a dove, and an FOMC non-voter, crossed the wires, noting that "low global...

Equities

US stocks closed Friday with gains and scored 5th positive week

Wall Street rallied on Friday as investors welcomed China's decision to cut its benchmark interest...

Commodities

Corn extends gains

Corn prices in the US shot up, extending gains witnessed yesterday on signs of an increase in the...

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Brokers News

Bitcoin back at USD 350

The virtual currency extended slide today after closing at a one-week low in the previous session...