Solid US growth supports dollar strength
Friday, 31 January 2014, 09:16
Last update: about 13 years ago
Malta Independent
The dollar surged higher yesterday and looked set to close its best January since 2010 against its major rivals....
Goodbye helicopter Ben
Thursday, 30 January 2014, 09:46
Last update: about 13 years ago
Malta Independent
Yesterday, as expected by the market, Ben Bernanke cut the liquidity stimulus by another USD 10 billion for what was his last meeting as the Federal Reserve Governor. He will step down paving the way...
Emerging economies slump as Fed continues tapering drive
Wednesday, 29 January 2014, 09:28
Last update: about 13 years ago
Malta Independent
Global financial markets were largely in a risk averse mood for most part of last week and through the first half of this week, ahead of the FOMC decision by the Federal Reserve....
Turkish Central Bank reacts strongly to protect its lira.
Wednesday, 29 January 2014, 09:19
Last update: about 13 years ago
Malta Independent
US equities enjoyed a rebound as throughout yesterday’s session they attracted support on the back of some better than expected earnings reports. In the meantime the Fed’s FOMC started its two day...
Pound jumps to multi-year high ahead of GDP data
Tuesday, 28 January 2014, 08:47
Last update: about 13 years ago
Malta Independent
The Japanese yen slipped against its major rivals on Tuesday and the dollar held firm as investors braced for the Federal Reserve’s FOMC meeting....
Emerging markets concerns continue in Asia
Monday, 27 January 2014, 09:16
Last update: about 13 years ago
Malta Independent
Last week equity markets ended in the red due to concerns coming from emerging markets. Major equity markets abandoned around 2% on average on Friday, the Asian session overnight followed the same...
GOLD Forecast - January 27 - 31 2014
Friday, 24 January 2014, 14:00
Last update: about 14 years ago
Malta Independent
The price of gold has formed a head and shoulders reversal pattern on the daily chart which suggests a bullish reversal may be on the cards....
GOLD Forecast - January 24 2014
Friday, 24 January 2014, 11:36
Last update: about 14 years ago
Malta Independent
The price of gold surged more than $30 higher yesterday and broke above key resistance levels to close at more than a one-month high....
USD/JPY Forecast - January 24 2014
Friday, 24 January 2014, 10:44
Last update: about 14 years ago
Malta Independent
USD/JPY broke its multi-day trading range with force yesterday. The decisive drop below 104 opened the door for stop loss and follow through selling, sending the pair to below 102.80 this morning....
AUD/USD Forecast - January 24 2014
Friday, 24 January 2014, 10:19
Last update: about 14 years ago
Malta Independent
The break down to new lows in the AUD/USD came faster than anticipated (“it is likely that the 0.8750 level will be broken to the downside in the next few days.”), the pair lost roughly 180 pips since...