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Market News May 26: Asian session Asian stocks rose for a third day, touching a 6-month high, after an increase in US home purchases boosted confidence in the world’s largest economy and billionaire Petro Poroshenko had a decisive win in Ukraine’s presidential election. MSCI Asia Pacific...

Market News May 22nd: American session Tatiana Norkina, an analyst at FBS The U.S. dollar strengthened once again against the major world currencies today. The main driver of growth was positive data on the Chinese economy. Currently, the dollar index (80.25) is in the green zone, adding...

Market News May 23: Asian session Asian shares rose, with the regional benchmark heading for a 4-month high, after data showed US manufacturing expanded and as the yen held yesterday’s losses. MSCI Asia Pacific Index added 0.5% to 141.03 heading for the highest close since Jan. 1. Nikkei 225...

Market News May 22nd: American session Tatiana Norkina, an analyst at FBS The U.S. dollar strengthened once again against the major world currencies today. The main driver of growth was positive data on the Chinese economy. Currently, the dollar index (80.25) is in the green zone, adding...

Market News May 22: European session EUR/USD continues trading below $1.3700 after the euro zone’s PMIs came mixed. While manufacturing PMIs in France, Germany and the euro area as a whole turned out to be lower than expected, services PMIs were firmer. German manufacturing PMI fell to 52.9...

Market News 22 May 2014 FOMC meeting minutes: takeaway Here are the main comments of the minutes: - There are no inflation risks from the continued stimulus to push unemployment lower. - Most FOMC members saw inflation at 2.0% within the next few years (in March inflation...

Market News Key option levels (May 22) Market prices tend to move towards the strike price at the time large vanilla options (ordinary put and call options) expire. It happens (all things equal) as each side of the deal seeks to hedge its risk exposure. This action is most noticeable ahead of...

Market News May 22: Asian session Asian shares rose for the first time in 5 days after the Fed meeting minutes showed policy makers see a muted risk of inflation from continued US stimulus and a Chinese manufacturing gauge came better than expected. MSCI Asia Pacific index gained 1.2%. Nikkei...

Market News May 21: American Session Tatiana Norkina, FBS analyst The index of the U.S. dollar began to strengthen sharply, mainly due to the weakening of the euro. During the day, the dollar index soared to around 80.25 and now adds about 0.20% compared to the opening levels. Trading on...

Market News 21 May 2014 Demand for gold at 4-year low According to the World Gold Council’s latest Gold Demand Trends report, global demand for bars and coins declined by 39% to 283 tonnes in Q1 2014, the lowest level in 4 years. China’s gold demand fell 18% in the first 3 months of the year...

Market News May 21: European session GBP/USD rose to a 2-week high of $1.6920 on strong UK retail sales (+1.3% vs. forecast of +0.4%). The Bank of England’s meeting minutes showed that the MPC members voted unanimously to keep policy unchanged. EUR/GBP slid to the 0.8100 area. EUR/USD...

Market News Key option levels (May 21) Market prices tend to move towards the strike price at the time large vanilla options (ordinary put and call options) expire. It happens (all things equal) as each side of the deal seeks to hedge its risk exposure. This action is most noticeable ahead of...

Market News May 21: Asian session Asian shares fell for a fourth day. MSCI Asia Pacific Index slipped 0.1%. Nikkei 225 is down by 0.2%. USD/JPY is once again testing the 200-day MA at 101.18. Yen strengthened after the Bank of Japan refrained from expanding stimulus and said it expects a...

Market News May 20: American Session Tatiana Norkina, analyst at FBS The U.S. dollar has strengthened somewhat today, returning to the area above the 80th figure, but the bearish pressure is still strong. Currently, the index is adding about 0.05%. The U.S. stock markets have opened with a...

Market News Key option levels (May 20) Market prices tend to move towards the strike price at the time large vanilla options (ordinary put and call options) expire. It happens (all things equal) as each side of the deal seeks to hedge its risk exposure. This action is most noticeable ahead of...

Market News May 20: Asian session Asian stocks swung between gains and losses. Nikkei 225 is up by 0.7%. USD/JPY is trading in the 101.50 area after testing 101.10 yesterday. The Bank of Japan begins a 2-day meeting today. AUD/USD was the biggest mover of the day, extending the decline and...

Market News May 19th: American session Tatiana Norkina , an analyst at FBS The U.S. dollar looks weaker against most world currencies. Today the dollar index loses about 0.21 %, falling to 79.95. The main factor of reduction was the uncertainty of market participants about the strength of...

Forex Analytics Trade signals for May 19 Provided by Danske Bank EUR/USD: Short at 1.3712 with a target of 1.3552 and a stop at 1.3777 USD/JPY: Short at 101.90 with a target of 100.76 and a stop at 102.45 GBP/USD: Short at 1.6830 with a target of 1.6657 and a stop at 1.6910 USD/CHF: Long...

Market News 19 May 2014 CFTC: USD positions turned long Here are the essentials of the latest Commitments of Traders (COT) report, released on May 16 by the Commodity Futures Trading Commission (CFTC) for a week ended on May 13. According to the report, large speculators turned bullish on the...

Market News May 19: Asian session Asian stock markets were down on Monday, as concerns about slower growth in China pressure the risk appetite. MSCI Asia-Pacific index outside Japan lost 0.3% in the session. Currency market started the week in a quiet mode with the major currency pairs...