USD/JPY keeps 113.00, short-term bearish

Poor volumes as market on holidays mode Promising data from Japan USD/JPY turns short-term bearish USD/JPY is trading around 113.20, amid extreme low volumes, ahead of the open of markets in Japan, where activity should pick up a bit in the morning session.  Encouraging data out of Japa ...

Gold reaches 3-week high amid thin trading

Gold has built on recent gains, currently trading at $1,282.00, following a resurgence in demand amid thin liquidity conditions.  Gold hits 3-week high There has been no specific catalyst behind the rise of gold prices to a fresh 3-week high, although as we head into 2018, it is unquestionabl ...

The Day Ahead: Top 3 Things to Watch

Investing.com - Here’s a preview of the top 3 things that could rock markets tomorrow US macro data on tap With just three trading days remaining until year-end, trading volumes remain light but market participants look to a duo of US economic reports on housing and consumer confidence for clues on ...

Nasdaq Closes Lower as Apple Sheds 2.5%

Investing.com – US stocks closed mostly lower on Tuesday weighed by a slump in technology led by Apple after a report suggested that the tech giant will slash its iPhone X sales forecasts for the quarter. The Dow Jones Industrial Average closed lower at 24,745. The S&P 500 closed 0.10 ...

Crude Oil Prices Settle Just Below $60 After Libya Pipeline Explosion

Investing.com – Crude oil prices settled higher on Tuesday buoyed by fresh supply disruptions following the explosion of a major Libyan oil pipeline while ongoing expectations that OPEC will continue to comply with the deal to curb output supported sentiment. On the New York Mercantil ...

Bitcoin Soars 12% as Recovery Gathers Momentum

Investing.com – The recovery in Bitcoin gathered moentum on Tuesday after the popular digital currency rose sharply paring recent losses as it looks to end the year on a bullish note. On the Bitfinex exchange, bitcoin rose to $15,560.9, up $1680, or 12.09%, after recently hitting an all-tim ...

Gold Prices Surge Above 3-Three Week Highs Amid Dollar Weakness

Investing.com – Gold prices rose modestly on Tuesday as buyers returned amid continued dollar weakness continued. Gold futures for February delivery on the Comex division of the New York Mercantile Exchange rose by $9.10, or 0.71%, to $1,287.90 troy ounce. Gold futures rose above three-wee ...

Dollar Subdued Amid Lighter Volumes, Rising Oil Prices Pressure USD/CAD

Investing.com – The dollar was roughly unchanged against a basket of major currencies on Tuesday as mixed US regional economic data did little to inspire the greenback to pare losses. The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major ...

Dollar Trades Flat in Lackluster Forex Moves

Investing.com - The dollar traded in a tight range against major currencies on Tuesday, wavering around the unchanged mark, while trading volumes remained thin during the holiday season, while European, Australian, New Zealand and Hong Kong stock markets remained closed. The U.S. dollar index ...

United States Dallas Fed Manufacturing Business Index came in at 29.7, above expectations (20) in December

United States Richmond Fed Manufacturing Index below forecasts (22) in December: Actual (20)

Crude Oil Prices Rise on Reports of Blast at Libyan Oil Pipeline

Investing.com – Crude prices turned higher in morning trade on Tuesday on reports of an attack on a Libyan oil pipeline. The U.S. West Texas Intermediate crude February contract rose 31 cents, or 0.53%, to $58.78 a barrel by 9:34AM ET (14:34GMT) Tuesday. Elsewhere, Brent oil for Marc ...

United States S&P/Case-Shiller Home Price Indices (YoY) above expectations (6.3%) in October: Actual (6.4%)

Global Investors Back Fed’s Plan to Hike Rates 3 Times in 2018; Markets Disagree

Investing.com - With 2017 coming to an end, markets are turning their focus to the coming year and appear to agree with the Federal Reserve’s own outlook that the U.S. central bank will hike interest rates three times in 2018. When the Fed updated economic projections in its December meeting, the ...

Bitcoin Stages Second Day of Recovery After Pre-Holiday Plunge

Investing.com – Bitcoin recovered for a second consecutive session on Tuesday after last week’s plunge wiped out nearly half its value. Bitcoin gained 5.26%, or $750.00, on the Bitfinex exchange to trade at $14,998.00 by 8:01AM ET (13:01GMT). The most popular cryptocurrency –which ...

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