Thursday, 30th October 2014

USD continue to decrease

The USD recorded three consecutive days of negative territory against the EUR. The losses come amid signs of uneven recovery of the US economy, which prompted investors to adjust their expectations regarding the time at which the Federal Reserve will raise interest rates. Eyes on the market aimed at the results of today’s meeting, as […]

Older Finance News

Plus500

After Bad Q3, Twitter & IBM Partner

Twitter Inc. (NYSE:TWTR) continued its downward trend during yesterday’s trading session due to above average volumes, which is a bearish indicator.

EUR/USD Falls After Federal Reserve

The EUR/USD pair initially tried to rally during the course of the day on Wednesday, but as you can see fell rather hard.

WTI Crude Oil Still Going Sideways

The WTI Crude Oil markets did gain during the session on Wednesday, testing the $83 level for resistance. Needless to say, it did in fact find the $83 level as resistive, and formed a bit of a resistive looking candle.

Gold Markets React to Federal Reserve

The gold markets fell hard during the session on Wednesday as the Federal Reserve released a statement after the interest-rate announcement that was more hawkish than anticipated.

CAD/JPY Moves Higher on Wednesday

The CAD/JPY pair broke higher during the session on Wednesday, as the Japanese yen in general was sold off. This market tends to be very sensitive to the price of oil as well, and it of course had a slightly positive session.