Market Overview

CurrenciesEUR/USD – was again able to find some support around the 1.052 level, just as it has done in last few weeks. More pressure is expected though as we come closer to Wednesday when the...

The US dollar and Japanese yen are trading lower. The tone is largely consolidative, and the foreign exchange market is not main focus today. Instead, the OPEC-non-OPEC agreement before the weekend is...

EUR/JPYToday’s support: - 121.47, 121.28, 121.16 and 120.94 (main), where correction is possible. Break would give 120.63, where correction also may be. Then follows 120.38. Break of the latter...

by Eli WrightWithout doubt, Wednesday's much anticipated Fed Interest Rate Decision will be the primary market driver this week. For today, the current oil surge in oil price is also a key factor. The...

US Core CPI is expected to rise to around the 0.2% and with Fed likely to hike rates this month and the fact it is scheduled after the FOMC meeting, I would only take a trade if we get our tradable...

Today, we have a very thin calendar with no major economic data releases.In Scandinavia, focus turns to CPI data in Denmark. See more on the next page. To read the entire report Please click on the...

In Sweden, the week ahead provides some long-awaited data on inflation (due Tuesday at 09:30 CET). Given the recent weakening of the SEK and a rise in oil prices, we expect a pronounced uptick in the...

I sat down with Dave at the X22 Report and discussed why the global economy is likely to disintegrate rapidly. The key to the upcoming collapse will be due to falling energy production. Unfortunately,...

We discuss the important event of the week, the Federal Reserve Meeting on Wednesday and its effects on the carry trade which has been so pivotal in this rally up in stocks. Do we get a buy the rumor...

President-elect Donald Trump made a strong promise to bring back jobs to the U.S. from overseas. Manufacturing employment was a particular showcase in this campaign pledge. There are a lot of reasons...

Momentum can, as countless studies have shown, be the basis of a sound trading strategy. Of course, implementing a successful momentum strategy is not as simple as buying strength. Between 1927 and...

We are counting down to the Fed’s first and last rate hike in 2016. Will EUR/USD break 1.05?ECB president Mario Draghi put investors’ mathematical ability to the test last week. He...

Economic Reports Scorecard The incoming economic data has improved since the last update with a plethora of reports coming in better than expected. This is the longest run of better than expected data...

Provided that the Federal Reserve delivers the widely tipped and expected 25 bp hike in the Fed funds target range, the key to investors' reaction will be a function of the FOMC statement and...