Market Overview

Notice that the USD is pressing on its March low at 1.2860, a level last seen in July 2015.It should come as no surprise that "petro-currency" CAD has climbed 14% since January 20 as Crude Oil...

US retail sales are expected to rebound in Wednesday’s March report vs. the previous month, according to The Capital Spectator’s average point forecast for several econometric estimates....

Japan ready to step inJapanese Finance Minister Taro Aso confirmed yesterday that his department remained on the alert and prepared to take action as needed if market movements were primarily driven...

US stocks closed lower on Monday erasing earlier gains spurred by rising oil. The dollar continued weakening weighed by the comments of Federal Reserve Chair Janet Yellen about the need to be cautious...

We expect the continued low inflation in the euro area to eventually trigger additional easing from the ECB, but we do not expect the ECB to address this by rate cuts. Instead, we find it likely that...

Japanese equity markets underwent a marginal recovery as the yen took a breather from its 7-session intensive rally. Fears that the ‘one-sided’ move in the FX market could lead to an...

Forex News and EventsImpeachment process goes on Dilma Rousseff, Brazil’s president, is definitely on the hot seat after a congressional impeachment committee voted (38-27) on Monday to...

Currencies The pair is trading in an upward channel on a 4 hour time frame. The next support is near the 1.1183 level and the resistance is at 1.1495. USD/JPY: The pair has broken is trading...

USD/SGDToday’s support: - 1.3408 (main), where correction is possible. Break would give 1.3385, where correction also may be. Then follows 1.3366. Break of the latter would result in 1.3337. If...

Inflation and the lack thereofThis week is all about inflation data and today’s UK number, while it is unlikely to have too much of a bearing on interest rate expectations in the short term will...

Several Fed members are due to speak this week. Today, it is time for Harker, Lacker and Williams to deliver their view on the economy. However, none of them are voting members of the FOMC, which...

Although the credit markets appeared to shape up somewhat on the back of the dovish statements by the FED about two weeks ago, uncertainty prevails on the market outlook.German benchmark bond yields...

Market BriefWith the exception of the Japanese yen, the Aussie and the Kiwi, which all moved substantially, FX markets traded sideways during the Asian session in response to an extremely light...

US markets experienced a heavy sell-off last night, and the picture is not looking any more optimistic this morning either. Concerns about the season’s earnings are very much on investors’...