ANKARA, Turkey (AP) — Turkey’s central bank is banning the use of cryptocurrencies such as bitcoin in payments for goods and services, according to a decision published in the country’s Official...
TOKYO (AP) — Asian shares advanced Friday after China reported its economy expanded at an 18% annual pace in the first quarter of the year.
After higher US CPI figures this week, investors are moving away from the USD and into metals.
TOKYO (AP) — Asian shares were mixed Friday as jubilance over positive U.S. economic data and a Wall Street record high were tempered by caution in the region, where the coronavirus vaccine rollout has...
Benchmark U.S. crude oil for May delivery rose 31 cents to $63.46 a barrel Thursday. Brent crude oil for June delivery rose 36 cents to $66.94 a barrel.
The U.S. CPI inflation rate rose 0.6% in March, following a 0.4% increase in February. It was the biggest monthly jump since August 2012. The move was larger than most analysts expected. However, I’m...
ANKARA, Turkey (AP) — Turkey’s central bank on Thursday kept a key interest rate unchanged at 19%, in its first rate decision since the surprise appointment of a new governor that shook confidence...
The USDCHF is firming today, trying to hold the March low. Significantly, although the USDCHF is hovering where an upchannel support could form (on the weekly chart), the USDCHF remains vulnerable in...
BEIJING (AP) — Asian stock markets were mixed Thursday after Wall Street retreated from a record high as major banks reported strong profits at the start of the U.S. earnings season.
Coinbase made a rousing debut on Wall Street Wednesday, with shares of the digital currency exchange rising as high as $429, briefly giving it a market value over $100 billion.
Benchmark U.S. crude oil for May delivery rose $2.97 to $63.15 a barrel Wednesday. Brent crude oil for June delivery rose $2.91 to $66.58 a barrel.
Gold’s slight rally might be getting some people excited, but appearances can be deceiving. USDX action hints at gold really wanting to move lower.
We post our entire forex and currency roster.
BEIJING (AP) — Asian stock markets rose Wednesday after Wall Street hit a high following an uptick in U.S. inflation and an order by regulators to suspend use of Johnson & Johnson's coronavirus vaccine....
Benchmark U.S. crude oil for May delivery rose 48 cents to $60.18 a barrel Tuesday. Brent crude oil for June delivery rose 39 cents to $63.67 a barrel.
The latest FOMC minutes were dovish, especially in light of the recent increase in inflation. That’s good for gold.
TOKYO (AP) — Asian shares were mostly higher on Tuesday with hopes growing for a global economic rebound despite surging coronavirus cases in many places.
Benchmark U.S. crude oil for May delivery rose 38 cents to $59.70 a barrel Monday. Brent crude oil for June delivery rose 33 cents to $63.28 a barrel.
Keep your eye on the ball. Just because the GDX ETF went up last week doesn’t mean that it’s in an uptrend. Corrections are part of the game.
Based on Elliott Wave model, we see USDCAD in a recovery mode, with room for more upside if OIL breaks below the support.
