Oil Prices Jump as OPEC Agrees to Cut Output
Oil prices rallied sharply as OPEC agreed to cut. The organization announced that it targets to cut production to 32.5M bpd, the lower end o...
As of December 01, 2016 at 03:00AM, 1 EUR equals 1.4329 AUD.
from http://finance.yahoo.com/q/bc?s=EURAUD=X
China’s Market News: Offshore Investors Reduce Yuan Holdings on Weaker Rates
In October, Yuan deposits shrank in two major offshore markets, Hong Kong and Taiwan. from DailyFX - Forex Market News https://www.dailyf...
Five Colossal Stone Portraits Around the World
Carved out of rock, these massive monuments go beyond Mount Rushmore from Travel | Smithsonian http://www.smithsonianmag.com/travel/six-ma...
GBP/USD Technical Analysis: Bouncing in a Fibonacci-Based Range
The Cable is one of the few Dollar pairs not currently showing exuberant U.S. Dollar strength. Might this outlier be deducitvely showing us ...
OPEC Cuts Production, USD Running in a Bull Flag Formation
It's been a busy morning already for markets as news of an OPEC deal has driven price action in Oil. An announcement later in the mornin...
Iran remains 'key obstacle' to Opec deal: Hansen
Opec looks like it is edging ever closer to cutting an oil production deal sending Brent crude surging 8% in anticipation of an agreement. T...
US Dollar Ready for More Gains versus Yen, Gold
USD/JPY and Gold are moving in lockstep again thanks to higher US real yields. from DailyFX - Forex Market News https://www.dailyfx.com/f...
US Dollar May Rise on Data But OPEC, Cabinet News Cloud Outlook
The US Dollar may try to recover if upbeat data boost Fed rate hike bets but OPEC and Trump cabinet appointment headlines are potent volatil...
Why gold is better than cash
from 24hGold.com RSS Feed - 24hGold Precious Metals commentaries only http://www.24hgold.com/english/news-gold-silver-why-gold-is-better-t...
Crude Oil Prices Swing Wildly Before Key OPEC Meeting
Crude oil prices posted the largest drop in a month only to erase all of the move overnight as jittery markets waited for the outcome of a m...
Steller Canada GDP Report to Propel USD/CAD Pullback
A marked picked in Canada GDP may generate a larger pullback in USD/CAD as signs of stronger growth raises the BoC’s scope to gradually move...
Gold Wars
from 24hGold.com RSS Feed - 24hGold Precious Metals commentaries only http://www.24hgold.com/english/news-gold-silver-gold-wars.aspx?artic...
Oil Prices Plunge as Market Awaits OPEC Meeting Outcome
As the market is focused on the OPEC meeting in Vienna today, energy prices fell amidst concerns over disappointing outcomes. The increase i...
As of November 30, 2016 at 03:00AM, 1 EUR equals 1.4227 AUD.
from http://finance.yahoo.com/q/bc?s=EURAUD=X
3Q GDP, OPEC to Drive USD/CAD Volatility- Shorts at Risk into 1.3370
The USDCAD setback is targeting key near-term support ahead of major event risk tomorrow. Here are the updated targets & invalidation le...
China’s Market News: Overseas Investment in FX Regulator’s Focus
Following the PBOC’s remarks on Yuan rates yesterday, China’s foreign exchange policymaker revealed its focus. from DailyFX - Forex Marke...
NZD/USD Rebound Clears First Hurdle Ahead of RBNZ’s FSR
NZD/USD looks poised to extend the recent series of higher highs & lows as it pushes back above the former-support around the 0.7100 han...
Yen: How to Work With the Trend That Barely Bends (JPY)
Both USD/JPY and GBP/JPY are up by 11.5% since the lows on the night of the election. This has produced a clean top-side move with very litt...
Pre-Opec nerves see oil trading lower — #SaxoStrats
With less than 24 hours to go before Opec finally gets down to business in Vienna the market has become increasingly nervous. from Ole Han...
Outrageous Predictions: We called Brexit in 2014 — did you?
The always hotly-anticipated annual publication of Outrageous Predictions hits the press on December 7 when Saxo Bank's chief economist ...
Outrageous Predictions: We called Brexit in 2014 — did you?
The always hotly-anticipated annual publication of Outrageous Predictions hits the press on December 7 when Saxo Bank's chief economist ...
DXY with a Strong Technical Signal: EUR/USD, Gold in Trouble
Real yields are rising in the US, which means the US Dollar should be supported for the foreseeable future. from DailyFX - Forex Market N...
EUR/USD Weakness to Persist on Upbeat U.S. Consumer Confidence Survey
A marked rebound in the Conference Board’s U.S. Consumer Confidence survey may weigh on EUR/USD as it fosters an improved outlook for growth...
COT: Funds boosted grains and energy in latest update
Hedge funds increased bullish commodity bets by 7% to 1.1 million lots in the week to November 22. Crude oil key crops cotton and cattle wer...
From the Floor: 'Devil in the details' for Opec — #SaxoStrats
The preamble to tomorrow's Opec summit in Vienna has seen the Saudis playing hardball the Iranians offering both promises and dubious nu...
Energy Prices Rebounded as OPEC Ministers Hinted on Output Deal. Sentiment Damped by Italian Referendum
Energy prices rebounded on comments from Iraqi oil minister that he is "optimistic" of a deal in Vienna. The front-month WTI crude...
As of November 29, 2016 at 03:00AM, 1 EUR equals 1.4164 AUD.
from http://finance.yahoo.com/q/bc?s=EURAUD=X
Squawk: Commitments of Traders report on commodities covering the week ending...
Commitments of Traders report on commodities covering the week ending November 22. Update to follow Tuesday from Ole Hansen - Authored con...
Squawk: GDX:arcx now trading right at that downward sloping fan which...
GDX:arcx now trading right at that downward sloping fan which if taken out is starting to put some confidence in the indications of a low in...
NZD/USD Outlook Bearish Below 7150 Ahead of US 3Q GDP
The near-term rebound in kiwi is at risk heading into key confluence resistance. Here are the updated targets & invalidation levels that...
Squawk: CoffeeNYCont didn't really produce a peak that stands out as...
CoffeeNYCont didn't really produce a peak that stands out as THE peak on November 7. Now it has come down and as per the chart below cyc...
FX Markets Set for Volatility as Political Risk Increases; US NFPs on Friday
The last month of the year should bring fireworks for markets; the first week of December should set a strong tone for volatility henceforth...
China’s Market News: Top Regulators Address on Yuan Rates, Banks, Insurers
A series of announcements from Chinese top policymakers kicked off the week. from DailyFX - Forex Market News https://www.dailyfx.com/for...
Canadian Dollar Recovery to Fizzle If OPEC Fails to Deliver
The rebound in the Canadian dollar may be short-lived should the Organization of Petroleum Exporting Countries (OPEC) fail to curb oil produ...
Webinar: USD Rally Looks Tired Ahead of NFPs with Fed Hike Priced In
Webinar highlighting featured setups we're tracking into the close of the month. Here are the updated targets & invalidation levels ...
Squawk: Hedge funds boosted bullish Brent crude oil bets by 38713...
Hedge funds boosted bullish Brent crude oil bets by 38713 lots to 292764 lots in the week to November 22. This the first week of net-buying ...
Gold rally to hit glass ceiling – #SaxoStrats video
Gold is being supported by the weaker US dollar says Saxo Bank’s head of commodity strategy Ole Hansen but selling into rallies is likely to...
US Dollar Sinks as Markets Digest Longest Win Streak in 3 Years
The US Dollar fell against the major currencies as financial markets digested the longest winning streak in three years triggered following ...
Squawk: Crude oil pulled back strongly on Friday as the outlook...
Crude oil pulled back strongly on Friday as the outlook for an Opec deal faded once again. It highlights how Opec remain the biggest driver ...
From the Floor: A step too far for USD? — #SaxoStrats
The US dollar is retracing following an unprecedented post-election rally as the statements made by key players ahead of Wednesday's Ope...
Gold Prices Attempt Recovery as "Trump Trade" Retraces
Gold prices are attempting to launch a recovery after hitting a nine-month low as the so-called “Trump trade” retraces across financial mark...
Gold Breakdown Comes as US Treasury Yields, Real Rates Rise
The sharp rise in US yields since the US Presidential election have been the driving factor behind weakness in Gold. With US real yields run...
OPEC Meeting and US Payrolls Focuses of the Week
US dollar retreated on profit-taking and as the market awaits the US employment report for November. The DXY index slipped -0.64% to 100.84 ...
Risks Increasing for Euro Ahead of Italian Constitutional Referendum
With economic populism sweeping the Western world, the Euro finds itself sandwiched between the French Republican primaries and the Italian ...
As of November 28, 2016 at 03:00AM, 1 EUR equals 1.4284 AUD.
from http://finance.yahoo.com/q/bc?s=EURAUD=X
Yen Dropping at its Fastest Pace in Two Decades But What Motivation are Bears Tapping?
Dollar strength strong-arming the Yen and its counterparts does have some merit, but such tail wind is limited. Risk appetite is similarly d...
Dollar Looking to Close Out Best Two-Month Rally in Two Years
Though the ICE Dollar Index (DXY) closed out this past week at its highest level in over 13 years, the currency’s primary effective driver –...
Gold Weekly Technical Outlook
Gold's fall from 1377.5 continued last week and outlook is unchanged. We'd stay cautious on strong support from 61.8% retracement of...
Silver Weekly Technical Outlook
Silver's fall from 21.22 was still in progress last week and outlook is unchanged. Strong support could be seen at around 15.83 to conta...
Crude Oil Weekly Technical Outlook
Crude oil's rebound was limited at 49.20 and reversed, the development suggests that recent consolidation is possibly starting another f...
Natural Gas Weekly Technical Outlook
The strong rebound in natural gas suggests that pull back from 3.366 is already finished at 2.546, ahead of 50% retracement of 1.611 to 3.36...