China’s factory activity grew in May at its fastest pace this year, according to government figures, a positive sign amid the wider economic slowdown. The official purchasing managers index ... Read More
Gold steady above $1,250/oz, heads for 3 pct weekly loss * Improved appetite for risk pushes stock markets higher * Premiums fall in India; demand soft across Asia-traders (Updates ... Read More
Silver prices today recovered by Rs 350 to Rs 40,850 per kg on increased demand from consuming industries but gold remained steady at Rs 27,500 per 10 grams after ... Read More
First Derivatives (AIM: FDP.L, ESM: FDP.I), a global provider of software and consulting services to the financial services industry has announced the launch of its integrated trade execution, risk management and surveillance ... Read More
Pair’s Outlook The currency pair remains unable to break the five-month down-trend resistance line, something that would most likely entail a robust recovery of the U.S. Dollar in the ... Read More
Pair’s Outlook Being that GBP/USD has just broken out of the bullish channel to the downside and met a strong support level, there is likely to be a pullback ... Read More
Pair’s Outlook EUR/USD is currently undergoing a bullish correction as a result of an encounter with the support at 1.3582 represented by the monthly S2 level. This rally, should ... Read More
Pair’s Outlook Even though the support at 1.6782/76 was deemed to be strong and most of the technical indicators were bullish, the Pound took a major hit yesterday. The ... Read More
Pair’s Outlook The selling pressure is likely to somewhat subside, considering that the currency pair is approaching a potentially tough support at 1.3582, consisting of the monthly S2 and ... Read More
Yves Mersch, a member of the executive board of the European Central Bank (ECB), speaking at the Bargeld-symposium of the Deutsche Bundesbank in Frankfurt, has come down firmly against ... Read More
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