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.
Bitcoin Cut in Half!
The US dollar finished the week in an upbeat fashion after well-received US PMI data. Bitcoin dived over the weekend, leaving it down 48% from its record high. The drop in crypto again appeared to be good for gold and silver.
24 May 2021
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Oil strikes 2-year high
The price of oil rallied to a 2-year high amid rising optimism about the global reopening. Gold reached a 3-month high over its 200-day moving average. Tech stocks pulled Wall Street lower.
18 May 2021
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Retail sales miss weighs on USD
Several disappointing US data releases on Friday, including April retail sales dragged on the US dollar. DXY ended the week slightly higher. Stocks closed the week lower while gold saw its highest close since February.
17 May 2021
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Tech stocks bounce back from rout
Stocks on Wall Street went on a wild ride led by tech stocks, which initially sold off but rallied off the lows. The US dollar struck 10-week lows while the Aussie steadied ahead of US inflation data today.
12 May 2021
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Ethereum smashes through $4000
Ethereum token Ether breached $4000 for the first time. The British pound broke above 1.41 and gold added to gains as the dollar hit a 2 ½ month low. The Dow snapped a 5-day win streak.
11 May 2021
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EUR/USD breakout after NFP miss
The US dollar tumbled in the wake of a shocking miss in the April US jobs report, sending EUR/USD to a 2-month high. Stocks hit record highs alongside Ethereum, while Dogecoin tanked after Elon Musk hosted SNL.
09 May 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