Markets

DAX Nears ATH Despite Poor Automakers Sales

European automaker shares declined Tuesday following disappointing regional car sales data showing drops in new registrations across major markets including…

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Risk Sentiment Picks Up as Bonds Come to The Fore

Bond yields are falling this morning, easing fears of a sovereign debt crunch for some of the world’s most indebted…

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Trade of The Day – AUD/USD

Facts:AUDUSD is trading in an upward trend from 16th of mayThe pair bounced off the key support at 0.6465 Recommendation: Trade:…

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Mid Morning Market Update

Markets in the Asia-Pacific zone are gaining during Tuesday’s session after yesterday, during somewhat limited trading due to a holiday…

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US Dollar Index Hovers around 99.00, with a persistent bearish bias

The US Dollar finds primary support at the lower boundary of the descending channel around 98.70. Technical analysis indicates a…

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XAG/USD holds losses below $33.50 due to fading safe-haven demand

Silver price depreciates as easing US-EU trade tension diminishes the safe-haven demand. The safe-haven demand for Silver may revive due…

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XAU/USD price consolidates below two-week high; bullish potential seems intact

Gold price traders seem non-committed amid a combination of diverging forces. The latest optimism around EU’s tariff delay undermines the…

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Three Markets to Watch This Week

The previous week was marked by fiscal turmoil in the U.S., which sowed uncertainty about the financial stability of the…

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Mid-Morning Update

Wall Street closed Friday with moderate declines after Donald Trump threatened the EU with aggressive 50% tariffs for “negotiating in…

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XAG/USD Bullish outlook remains in play near $33.50

Silver price posts modest gains to near $33.50 in Monday’s early European session.  The positive view of the metal prevails above…

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