Forex & Financial news and FxPro analytics

Investors are asking me how high can this stock market go. The July employment report, released Friday, is providing a relief for the stock market. Nonfarm payrolls came at 1.46 million. Normally I compare economic data with the consensus forecast....

Bitcoin’s (BTC) dominance relative to altcoins has fallen to its lowest point in 12 months, with the leading cryptocurrency representing 61% of the $359.5 billion combined cryptocurrency capitalization. Bitcoin’s dominance has slid from over 67% as of mid-May, and is...

The number of new jobs in the United States increased by 1,763K after an increase of 4,791K a month earlier. The fact came out slightly better than expected and reversed gloomy expectations of stalling labour market. At the same time,...

• Wheat broke key support level 500,00 • Likely to fall to 486,00 Wheat today broke the key round support level 500,00 (previous downward target) – intersecting with the 61,8% Fibonacci retracement of the previous ABC correction 2. The breakout...

• EURUSD reversed from powerful resistance level 1,1900 • Likely to fall to 1,1700 EURUSD recently reversed down from the powerful resistance level 1,1900 (which stopped the previous sharp impulse wave 1 in June, as can be seen below). The...

• NZDUSD reversed from pivotal resistance level 0.6690 • Likely to fall to 0,6575 NZDUSD recently reversed down from the pivotal resistance level 0.6690 (former multi-candle top from the end of June) – located near the upper daily Bollinger band....

• EURCHF reversed from key resistance level 1.0835 • Likely to fall to 1,0735 EURCHF recently reversed down from the key resistance level 1.0835 (monthly high from June) – standing near the upper daily Bollinger band. The downward reversal from...

• Platinum reversed from resistance area • Likely to fall to 950,00 Platinum today reversed down from the resistance area lying between the two powerful resistance levels  1050,00 (monthly high from January) and 1022,00 (monthly high from February). This resistance...

Stocks and bonds may be in an asset bubble, as record-low interest rates and a tremendous increase in the money supply have sent prices soaring this year. Add gold, which has risen 35% to $2,049 an ounce Aug. 5, to...

Today’s jobs report could be make-or-break data for U.S. equities. The S&P 500 is 1.1% below its closing high in February as investors head into the July nonfarm payrolls report at 8:30 a.m. New York time Friday. The biggest economy...

The American currency has been declining for the seventh consecutive week. The dollar index against the six most popular currencies recently fell to its lowest level since May 2018 and is losing more than 10% from its March peaks. On...

The U.S. dollar rebounded whilst other major currencies weakened on Friday after President Donald Trump took steps to ban transactions with the Chinese owners of two popular mobile apps. Non-farm payrolls due later on Friday are widely expected to show...