Forexminute - Jonathan Millet

S&P and Dow Close at Record Highs
S&P and Dow Close at Record Highs

Forexminute (November 28, 2014 GMT) -

On Wednesday, the Dow Jones Industrial Average and the S&P 500 closed at record highs in the quiet preholiday session of trading. The Dow climbed 0.1% or 12.81 points to 17,827.71 while the S&P 500 Index gained 0.3% or 5.8 … Continue reading

OPEC Takes No Action to Reduce Supply Glut as Oil Sinks
OPEC Takes No Action to Reduce Supply Glut as Oil Sinks

Forexminute (November 28, 2014 GMT)

OPEC did not take any action to reduce the supply glut, resisting calls from Venezuela that the rout in prices should be stemmed by the group. Oil fut...

Forex Video Briefing (11/27) – GBP/USD Tests Price Bottmo
Forex Video Briefing (11/27) – GBP/USD Tests Price Bottmo

Forexminute (November 28, 2014 GMT)

Forex Video Briefing (11/27) – GBP/USD Tests Price Bottmo There was a range roughly between 1.5586 and 1.5735 (about 150 pips). This week, price...

Germany’s Unemployment Rate Touches Record-Low
Germany’s Unemployment Rate Touches Record-Low

Forexminute (November 27, 2014 GMT)

Germany’s unemployment rate plunged to a record-low as investors and businesses expressed confidence about the growth prospects of Europe’s bigges...

Ruble Rebounds as Norway’s Krona, Australia’s Dollar Tumble
Ruble Rebounds as Norway’s Krona, Australia’s Dollar Tumble

Forexminute (November 27, 2014 GMT)

The ruble rebounded after a three-day losing streak amid record volatility and minimal trading volumes. The currency surged 1.5 percent versus the dol...

Crude Oil Drops to Multi-Year Low Ahead of OPEC Meeting
Crude Oil Drops to Multi-Year Low Ahead of OPEC Meeting

Forexminute (November 27, 2014 GMT)

Crude oil prices dropped to a low of 50 months ahead of the meeting of the Organization of Petroleum Exporting Countries. OPEC Gulf oil producers are ...

US Stocks Edge Higher Amid Economic Optimism
US Stocks Edge Higher Amid Economic Optimism

Forexminute (November 27, 2014 GMT)

US stocks climbed with the benchmark indexes approaching all-time highs amid optimism that the economy is showing sufficient strength to overcome the ...

Upside Break and Momentum on Facebook Shares – Nov 27, 2014
Upside Break and Momentum on Facebook Shares – Nov 27, 2014

Forexminute (November 27, 2014 GMT)

Facebook shares finally showed more movement, after close to a month of consolidation around the $74/share area. Price broke to the upside and rallied...

Gold at $1,200 on Lower Dollar
Gold at $1,200 on Lower Dollar

Forexminute (November 26, 2014 GMT)

Gold edged higher to almost $1,200 per ounce on after the better-than-expected US economic growth data boosted the dollar briefly as the market looked...

US Stocks End Higher, GDP Better than Expected
US Stocks End Higher, GDP Better than Expected

Forexminute (November 26, 2014 GMT)

US stocks climbed slightly in the late trading with the renewed drop in oil prices dragging the energy shares down. The Dow Jones Industrial Average g...

Forex Video Briefing (11/25) – AUD/USD at 4-Year Low
Forex Video Briefing (11/25) – AUD/USD at 4-Year Low

Forexminute (November 26, 2014 GMT)

Forex Video Briefing (11/25) – AUD/USD at 4-Year Low The AUD/USD signaled bearish continuation when it fell below November’s rising speedl...

Forex Video Briefing (11/24) – USD/JPY Uptrend Continuation
Forex Video Briefing (11/24) – USD/JPY Uptrend Continuation

Forexminute (November 26, 2014 GMT)

Forex Video Briefing (11/24) – USD/JPY Uptrend Continuation The 1H chart shows that the brief correction found support at 117.35. After a couple...

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