Market Overview

We’re about to enter that time when financial commentators offer up their best guesses as to what investors can expect in the Near Year. It always makes for fun reading, but it also never fails...

Germany’s Gfk Consumer Climate Index to hold steady at a relatively high level Today’s US Services PMI offers another look at the US macro profile for October New home sales in the US in...

The burden of the sharp slowdown in nominal growth since the middle of 2014 has been borne disproportionately by corporate America. Between Q3 of that year and Q2 of this year, the year-on-year (y/y)...

IntroductionSince the 2008 collapse, the Fed has been buying government debt to keep interest rates low in hopes of inducing more spending by individuals and business. There are several reasons this...

What a weird old day… GBP/USD did a mini-repeat of the collapse, USD/CHF whipped higher to reach the next intermediate projection target while EUR/USD – normally the leader of the pack...

After the disappointing jobs data the previous week, the drop of the Australia consumer confidence did not come as a surprise in the market. The downbeat data were followed by the plunge of the...

It’s been a relatively calm start to trading on Tuesday with traders eyeing more appearances from central bankers in the absence of much economic data, as well as a number of earnings releases...

A great deal of volatility for the Canadian dollar!Waves of volatility continue for the Canadian dollar, which went on another roller coaster ride yesterday. Our currency firmed up late in the session...

The US economy is on track to expand at the fastest rate in more than a year in the third quarter, according to projections for this Friday’s “advance” GDP report from the Bureau of...

The US dollar has been confined to extremely narrow ranges against the euro, yen, and sterling. To the extent that there is much action in the foreign exchange market, it is with the dollar-bloc and...

Twiiter reportedly will cut up to 300 jobs just days before the company’s third quarter earnings reports. The disappointing news will add additional pressure to the Twitter board. There are a...

The US dollar gained across the board as the probability of a Federal Reserve (Fed) December rate hike rose above 70% on news that the Fed could have more capability for raising rates, if the next US...

GBP/CHFToday’s support: - 1.2099, 1.2073 and 1.2060 (main), where correction is possible. Break would give 1.2049, where correction also may be. Then follows 1.2021. Break of the latter would...

Dollar gaining but running out of steamThe dollar continued to press on yesterday in quiet trade with political weather systems picking up speed as we head into the end of the year. Some of that...