TODAY'S TOP MARKET NEWS
Enjoy our daily selection of major news and articles that will help you understand the market sentiment.
We curate our articles section to provide you the most relevant and independent information on the markets.
Worst month for gold since Nov. 2016
Bond yields retreated from the sharp spike high made on Thursday but there was no matching rebounding on other markets with stocks falling heavily and the dollar gaining versus more risky currencies.
01 March 2021
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Record US Coronavirus cases
Good Morning. It’s the last full trading week before the US election. EUR/USD is at its highest in 7 weeks. Wall Street closed lower last week while stocks in Hong Kong rose to the highest since Sept 3.
26 February 2021
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Swiss franc extends drop
The Swiss franc extended its weekly decline. EUR/CHF came close to its highest since October 2019. Meanwhile the Dow Jones hits a record high above 32,000. Bond yields jumped to a an annual high but fell back after comments from Fed Chair Jay Powell.
25 February 2021
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Pound highest in 3 years
Sterling reached a 3-year high. The slump in tech stocks carried shares of Tesla heavily lower. Wall Street finished mixed, gold was flat above $1800 and the dollar gave up early gains after testimony from Fed Chair Powell.
24 February 2021
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Tech punished; Nasdaq drops 2.5%
Tech stocks were under pressure again, sending the Nasdaq down -2.5%. Tesla had its worst day since September as the price of Bitcoin gyrated wildly. Gold had a good day while oil sizzled up 4%. Today Jerome Powell testifies to Congress.
23 February 2021
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GBP/USD tops $1.40
The British pound reached above $1.40 on Friday. Bitcoin’s market cap topped $1 trillion for the first time. The Tesla investment in Bitcoin is already worth more than its 2020 car sales. US indices closed the week lower after hitting record highs.
22 February 2021
Read MoreLATEST WEEK AHEAD VIDEOS
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WEEKLY WEBINAR: JULY 27
Get your forex trading strategy right this week with our weekly webinar. Get expert technical analysis of the major #forex #cryptocurrencies #indices #commodities #stocks & #shares markets.
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WEEK AHEAD: JULY 26
The last meeting of the US Federal Reserve until after the summer should be a big driving force for forex markets. Also, the big tech companies report second-quarter earnings, which has implications for tech stocks as well as the Nasdaq index. Lots to discuss. Thanks! Rich
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WEEK AHEAD: JULY 19
The European Central Bank and People’s Bank of China both set monetary policy while US earnings season has started. I will take a look at the Euro-dollar and dollar-Chinese yuan currency pairs for how they setup before the action this week. Thanks! Rich