Market Overview

Divergence rules, at least when it comes to the Almighty Dollar, but timing is also the key ingredient that dictates its fate these days. After two quarters of stellar appreciation, the greenback...

Daily BriefingCurrencies EUR/USD: The pair is trading below its downward trend line on a 30 minute time frame. The next resistance is at 1.096 and the support is at 1.0885. USD/JPY: The pair is...

Debt relief will be the primary topic going forward when it comes to Greece and its creditors. This has been one of the thorniest issues in the past and has dominated the discussion between the two...

The US dollar is narrowly mixed as over-extended technicals, and the lack of fresh developments, keep the bulls at bay. The nearly 2% drop in gold price to new five-year lows is a talking point today....

EUR/USDToday’s support: - 1.0803(main), where correction is possible. Break would give 1.0777, where correction also may be. Then follows 1.0756. Break of the latter would result in 1.0731. If a...

U.S. housing starts and building permits rose more than forecast in June, while consumer prices came in line with median projections.Housing starts climbed to 1.17 million in June from an upwardly...

Dollar opened the week generally higher as supported by views that Fed will finally hike interest rate from near zero level within the coming months. The dollar index extends last week's rise and...

The focus of the forex markets turned back to global central banks policy divergence after the Greek risk finally subsided. Sterling ended the week as the strongest major currencies as boosted by...

Can the Greek Debt Deal Last?Financial Times writer Wolfgang Münchau believes the deal ends in failure. So do I. Münchau provides some well-thought-out reasons in Grexit Remains the Likely...

Market Drivers July 20, 2015PM Key says kiwi has fallen faster than expectedCommodity index hits 13 year low led by goldNikkei 0.25% Europe -0.17%Oil $51/bblGold $1115/oz.Europe and Asia:GBP Rightmove...

European stocks have logged their strongest weekly gains last week as the prospect of a Greek default and exit from the Eurozone was narrowly avoided. The STOXX 600 added 0.1% on Friday to close the...

The video below, from Forexmentor's Coach's Corner, is one I thought was worth sharing because it illustrates a winning trade from start to finish -- including how the trade was managed from when it...

Once the phantom collateral vanishes, there's no foundation to support additional debt and leverage. When a speculator bought a new particle-board-and-paint McMansion in the middle of nowhere in 2007...

Monday’s a slow day for economic news, although the monthly update on the Eurozone’s current account data will provide additional perspective for considering the trend in exports....