Market News and Research

Support at 1.5785 has repeatedly repelled GBP/USD, which is expected to erode the level eventually, as the CAble has recently bounced off a formidable resistance at 1.6111 and is headed >>

Crude oil rose during Asian session on Tuesday after Wen Jiabao, China's Premier, urged the country to implement more easing measures to stimulate growth. China is the world's second oil >>

Pullback of EUR/USD did not last for long, as the pair has only rallied up to 1.2818, where it was halted by a resistance. For the time being the currency >>

Construction in March, compared to February, increased by 12.4% in the Euro Zone and by 11.8% amid the member states. In comparison to the same month last year the construction >>

S&P 500 gained around 1.2% today, the most since the end of April. Out of 10 groups included in the index, commodity, technology and industrial companies gained the most. Apple >>

Oil futures rebounded from the lowest level in half a year and increased by up to 1.3% today. June futures, expiring tomorrow, increased by approximately 1% today after closing at the >>

The bearish bias for the pair persists as investors anticipate further appreciation of the US dollar in relation to the New Zealand dollar. However, if the pair attempts to initiate >>

The pair managed to hold near this year high (1.0200), though to continue bullish movement, the pair has to breach the 1.0252 level—January 16 High. In case of a breakthrough >>

Bearish momentum of AUD/USD does not show signs of losing strength, as investors political uncertainty in Greece spurs worries over the Euro zone collapse. For now, bearish traders might be >>

EUR/JPY attempts to recover for the second day, consolidating within the 101.56/14 price channel, after falling for almost 2 consecutive months. In case bullish trend emerges, investors could focus their >>

Within the observed period (May 14 - May 17) the value of the Euro, quantifiable through its respective currency index, has been fluctuating just below its initial level, while last >>

Thailand's economy expanded a robust 11.0 percent in the first quarter from the previous three months, rebounding from last year's severe flooding, and strong full-year growth is expected due to >>

Irvin Goldman, who oversaw risks in the JPMorgan Chase & Co. unit that suffered more than $2 billion in trading losses, was fired by another Wall Street firm in 2007 >>

François Hollande and German Chancellor Angela Merkel appeared set for a clash later this week as the new French president signaled he would make a pitch for jointly-issued euro-zone government >>

Facebook went public on May 18 with the initial public offering price of USD 38. Although many investors expected a first-day spike, by the end of the session the gain was just >>