U.S. stocks closed higher, tacking on the majority of their gains in early-afternoon trading after two Federal Reserve officials spoke encouragingly about the efficacy of the Fed's bond buying ...
My April 26 post laid out a scenario for minimum and maximum target objectives to be reached by the Major Indices by the end of Q2, based on a number of assumptions.The following is an update to ...
Light volume in play, markets slightly positive, media pumping and it looks likely the U.S. stock markets will have their 19th straight positive Tuesday. This is a roaring bull with little to stand it...
The U.S. stock market fell on Monday in a quiet trading session. The losses, however, were very minor and the sharp uptrend in equities continues to look intact. Nevertheless, traders and investors ...
EUR/USD Today’s support: - 1.2858 and 1.2838(main), where correction is possible. Break would give 1.2803, where correction also may be. Then follows 1.2780. Break of the latter would result in...
Dollar Retreats Before Key Fed Officials Weigh In on QE3 Having charged forward under one of the strongest two-week advances in nearly 18-months, the Dow Jones FXCM Dollar Index (USDollar) was in for ...
Gold and Silver rebounded strongly yesterday in Asia after the onslaught at the end of last week. Both precious metals fell nearly 5 %. Gold is trading at USD 1387 an ounce in Asia, 35 dollars up ...
Market CommentaryThe Dollar Index (DX) is correcting after hitting intermediate resistance of 84.50; with common currency, the Cable and the Aussie testing respective supports, pullback was observed ...
USD took a slight down turn yesterday due to the slight losses incurred on S&P 500 and Dow Jones Industrials. This dip in USD strength went a long way for commodities though, with Gold rallying ...
Global stock markets are in serious denial as markets climb while macro economic picture declines. Last week, many observers of global stock markets were surprised to see global stock markets and ...
