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Market Overview

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Marshall Gittler
Market Gripped By Panic
By Marshall Gittler - Dec 17, 2014

Yesterday’s moves clearly smelled of panic in the markets. The nearly 20% drop in the ruble plus the huge moves in NOK (a nearly 7% move in EUR/NOK in two hours that was totally reversed in the ...

Marc Chandler
Dollar Recovers, Oil Doesn't
By Marc Chandler - Dec 17, 2014

The US dollar's recovery which began yesterday continues today. The euro reached the 50% retracement objective of its slide since mid-October (~$1.2565) and now is more than a full cent lower. The ...

Ian Copsey
Pre-Xmas Sales Rush
By Ian Copsey - Dec 17, 2014

There are still bargains to be found and Santa seems to have found himself short of gifts so the market has begun to shift a little quicker. My targets in EUR/USD and USD/CHF were met, but I have been...