Day: February 18, 2019
Time is running out for Greek NPLs
A mere decade after the financial crisis, Greek banks are finally showing signs of tackling their NPL exposures in earnest. However, this is due far more to pressure from the ECB and its desire to push ahead with banking union than a wholesale change in sentiment by the industry itself. On January 24, Yannis Stournaras, …
California AG: At least 13 states suing over Trump’s national emergency
California and a dozen other states are filing a lawsuit challenging President Donald Trump’s national emergency declaration on Monday, California Attorney General Xavier Becerra said. “The president admitted that there’s not a basis for the declaration, he admitted there’s no crisis at the border, he’s now trying to rob funds that were allocated by Congress …
California AG: At least 13 states suing over Trump’s national emergencyRead More
British Pound Edges Higher, Investors Eye UK Wage Growth
GBP/USD has lost ground in the Monday session. In North American trade, the pair is trading at 1.2928, up 0.30% on the day. On the release front, British Rightmove HPI improved in February, with a gain of 0.7%. There are no U.K. or U.S. events on Monday, and U.S. banks are closed for a holiday. …
British Pound Edges Higher, Investors Eye UK Wage GrowthRead More
Japanese Yen Steady as Markets Calm at Start of Week
USD/JPY is showing limited movement in the Monday session. In the North American session, the pair is trading at 110.58, up 0.11% on the day. On the release front, Japanese Core Machinery Orders declined 0.1% in December, above the estimate of -1.1%. In December, the indicator was flat at 0.0%. In the U.S., banks are …
Japanese Yen Steady as Markets Calm at Start of WeekRead More
EUR/USD Outlook: Recovery Extends Near Pivotal Fibo Barrier But Risk of Stall Exists
The Euro enters the US session at the front foot as recovery extended in European session and reached high just ticks ahead of key barrier at 1.1341 (Fibo 38.2% of 1.1514/1.1234/last week’s highs. Fresh risk appetite on trade optimism keeps the Euro supported, along with reversed momentum and north-heading stochastic. However, bulls need to register …
EUR/USD Outlook: Recovery Extends Near Pivotal Fibo Barrier But Risk of Stall ExistsRead More
Euro and Sterling Strong for Today, But No Key Resistance Broken
Yen and Dollar are pressured for the whole day, and remain so in early US session. Risk appetite in Asian markets was boosted by optimism over US-China trade talks. There is hope that the meetings in Washington this week will eventually yield a memorandum of understanding of some sort, as the foundation to the trade …
Euro and Sterling Strong for Today, But No Key Resistance BrokenRead More
EURNZD Recovers from 2-Month Low after Hitting Lower Bollinger Band
EURNZD has declined considerably over the previous three days, recording a new two-month low around 1.6408 and touching the lower Bollinger Band. Currently, the price is paring some of the losses, approaching the 1.6500 handle. Technical indicators in the daily timeframe are reversing back to the upside. The stochastic oscillator is turning higher in the …
EURNZD Recovers from 2-Month Low after Hitting Lower Bollinger BandRead More
INDICES: German DAX Retraces From Its Resistance
Bulls can step in if the price kisses the 50-day moving average. However, a break of this moving average could increase more selling pressure. The German Dax index is trading above the upward trend line on an 8-hour time frame and this confirms that the uptrend is still intact. The further strength for this argument …
The US Dollar Slightly Weaked
On Friday, the US dollar slightly weakened against a basket of major currencies. The US dollar index (#DX) closed in the negative zone (-0.07%). At the moment, investors are focused on trade relations between the US and China. The next round of negotiations between the delegations of the countries will be held in Washington. Last …
Gold Records 3-Week High, Ichimoku Suggests Further Gains
Gold prices edged sharply higher in the previous days, hitting a more than two-week high earlier today. Also, the metal is approaching the eight-month high of 1326 and a successful jump above this strong barrier would resume the bullish outlook. The RSI indicator is holding around the overbought zone and the 70 level, while the …
Gold Records 3-Week High, Ichimoku Suggests Further GainsRead More
Install your trader software at VPS server of one of the super fast providers:
Finance news
 CEO outlook dims sharply, with more than half expecting a recession ahead, survey showsCorporate executives are taking a dim view of their prospects, with a majority now expecting ... Read More  Stock futures are little changed ahead of key inflation readingStock futures were little changed in overnight trading Tuesday ahead of a key inflation reading.Futures ... Read More  From Estee Lauder to Apple, big companies say China’s Covid restrictions are hitting businessFactories in China affected by Covid lockdowns can conditionally resume work, by housing workers on-site ... Read More |
