You are here
Buz Investors RBNZ meeting eyed After an eventful week with central bank meetings and European elections, the next seven days will be relatively quieter. Inflation, retails sales and flash PMI estimates will be the dominant data theme Market Trends 

Week Ahead – RBNZ meeting eyed; Fed to remain under the spotlight as speakers lined-up

Week Ahead – RBNZ meeting eyed; Fed to remain under the spotlight as speakers lined-up Buz Investors RBNZ meeting eyed After an eventful week with central bank meetings and European elections, the next seven days will be relatively quieter. Inflation, retails sales and flash PMI estimates will be the dominant data theme, while central banks will continue to grab attention. The Reserve Bank of New Zealand will meet for its second policy meeting of the year and the Fed will find it hard to stay out of the headlines as…

Read More
Buz Investors Week Ahead Jobs Comments from members of the U.S. Federal Reserve have put a rate hike in March back on the table. Lack of details on the Trump administration pro-growth policies Forex News 

Week Ahead Jobs and Fedspeak to Guide Dollar

Fed Awaits NFP Report to Decide on March Hike Buz Investors Week Ahead Jobs  Comments from members of the U.S. Federal Reserve have put a rate hike in March back on the table. Lack of details on the Trump administration pro-growth policies had reduced the probability of the central bank raising interest rates but the words from Chair Yellen and other influential members now have the market pricing in an 80 percent probability of a rate increase on March 15. OTHER STORIES BUZ TRADERS FOLLOW OLED STOCK UP 55% IN…

Read More
ASIAN SESSION – DOLLAR FADES STRENGTH AHEAD OF FED CHAIR YELLEN’S SPEECH; YEN GAINS AFTER JAPAN CPI Forex News 

ASIAN SESSION – DOLLAR FADES STRENGTH AHEAD OF FED CHAIR YELLEN’S SPEECH; YEN GAINS AFTER JAPAN CPI

ASIAN SESSION – DOLLAR FADES STRENGTH AHEAD OF FED CHAIR YELLEN’S SPEECH; YEN GAINS AFTER JAPAN CPI Buz Investors ASIAN SESSION The dollar faded its recent strength that was driven by increasing confidence that the Federal Reserve will raise rates this month. The yen strengthened after four days of losses, following data that showed a moderate rise in Japanese inflation. Japan’s core CPI number rose 0.1% year-on-year in January and was the first increase since December 2015. It was expected to remain flat after a 0.2% decline in December. The…

Read More
Buz Investors EURUSD Marginally Higher A very light economic calendar and some easing political concerns are resulting in a modest gain in EUR/USD in today’s trading. The pair is currently at 1.0619, up 0.10% over Friday’s close. Forex News 

EURUSD Euro Steady Ahead of US GDP, Trump Speech

EURUSD Euro Steady Ahead of US GDP, Trump Speech EURUSD Buz Investors Euro Steady Ahead of US GDP This morning at 10:40 GMT, the EUR is trading at 1.0598 against the USD, 0.12% higher from the New York close. Going ahead, traders would look forward to Germany’s jobs report, scheduled to release tomorrow. This morning, the pair traded at a high of 1.0604 and a low of 1.0568. The Euro traded marginally higher against the US Dollar in the New York session yesterday, with the pair closing the session at…

Read More
Gold Prices: This Is Why JNUG Stock is Going Nuts Today commodities 

$XAUUSD Gold Prices Halt Ahead Of Key Resistance, Caution Ahead Of Trump Address

Gold Prices Halt Ahead Of Key Resistance, Caution Ahead Of Trump Address Gold Buz Investors  Gold Prices Halt  Gold is trading at $1257.20 per ounce at 10:40 GMT this morning, 0.06% lower from the New York close. This morning, the precious metal traded at a high of $1260.00 per ounce and a low of $1254.10 per ounce. On Friday, gold traded 0.06% lower in the New York session and closed at $1258.00 per ounce, amid strength in the greenback. Immediate downside, the first support level is seen at $1253.00 per…

Read More
Silver Price Unable to Hold above $20.00 as Dollar Stabilises commodities 

$XAGUSD Silver Prices Steady Ahead of Data Deluge, Fed Speakers

Silver Prices Steady Ahead of Data Deluge, Fed Speakers Silver Buz Investors Silver Prices Steady The precious metal is trading at $18.44 per ounce at 10:40 GMT this morning, 0.14% higher from the New York close. During the session, silver traded at a high of $18.47 per ounce and a low of $18.39 per ounce. In the New York session on Friday, silver fell 0.08% and closed at $18.42 per ounce. Immediate downside, the first support level is seen at $18.33 per ounce, while on the upside, the first resistance…

Read More
Today's Forex Buz Word Major Currency Pairs Forex News 

Week Ahead Dollar Mixed as Trump Pro-Growth Policies Remain Vague

Week Ahead Dollar Mixed as Trump Pro-Growth Policies Remain Vague Buz Investors Policies Remain Vague The U.S. dollar is mixed against majors as the Federal Open Market Committee (FOMC) minutes pointed to an interest rate hike “fairly soon” but were contrasted with cautious comments from Treasury Secretary Steven Mnuchin that have reduced expectations of pro-growth policies being introduced in the short term. House Speaker Paul Ryan invited President Trump at the end of January to speak before congress to deliver his first public address after his inauguration. This could be an…

Read More
USDCAD Trump Shock Pushes Canadian Dollar Down Forex News 

$USDCAD Canadian Dollar Steady Ahead of Canadian CPI

USDCAD Canadian Dollar Steady Ahead of Canadian CPI USDCAD Buz Investors Canadian Dollar Steady Ahead The pair is trading at 1.3091 at 10:40 GMT this morning, with the USD trading 0.09% lower against CAD from the New York close. Going ahead, market participants will look forward to Canada’s inflation numbers, scheduled to release in a few hours. The pair traded at a high of 1.3118 and a low of 1.3075 this morning. The US Dollar declined against the Canadian Dollar in the New York session yesterday, closing 0.09% lower at…

Read More
Buz Investors XAUUSD Gold Prices Higher Gold prices edged higher on Monday’s session, marking its strongest level in two months as investors are closely watching on the most anticipated speech by British Prime Minister Theresa May and the inauguration of the U.S. President-elect Donald Trump later this week. commodities 

$XAUUSD Gold Prices Consolidate Ahead Of Fed Minutes

Gold Prices Consolidate Ahead Of Fed Minutes Gold Buz Investors  Gold Prices Consolidate  Gold is trading at $1238.70 per ounce at 10:40 GMT this morning, 0.16% higher from the New York close. This morning, the precious metal traded at a high of $1239.10 per ounce and a low of $1234.40 per ounce. Yesterday, gold traded 0.48% higher in the New York session and closed at $1236.70 per ounce, extending its previous session gains. Immediate downside, the first support level is seen at $1230.37 per ounce, while on the upside, the first…

Read More
USDCAD Trump Shock Pushes Canadian Dollar Down Forex News 

$USDCAD Canadian Dollar Dips Ahead of Fed Minutes

USDCAD Canadian Dollar Dips Ahead of Fed Minutes USDCAD Buz Investors Canadian Dollar Dips The pair is trading at 1.3154 at 10:40 GMT this morning, with the USD trading 0.38% higher against CAD from the New York close. With no economic releases in Canada today, investor sentiment would be governed by global macroeconomic factors. The pair traded at a high of 1.3163 and a low of 1.3097 this morning. The US Dollar declined against the Canadian Dollar in the New York session yesterday, closing marginally lower at 1.3104. The pair…

Read More