Market Overview

This Great Graphic, made on Bloomberg, depicts the Australian dollar since April 2016. We drew in the trendline from that April high, through the November high and the March 2017 high. It nearly...

The best policy mix for a currency is an expansionary fiscal policy and less accommodative monetary policy. It is the US policy mix of the Reagan-Volcker era of the early 1980s. It was the German...

After a deeper pullback in GBP/USD it then went southwards while EUR/USD went northwards. Having said that, USD/CHF found the expected high for losses and USD/JPY, stalling just below 114.59 is now...

The June round of economic confidence surveys on the US economy is basically done and the results show optimism is still running high. I previously remarked that the initial surge may have been...

Note: We've updated this commentary with data through today's market close.Let's take a closer look at recent activity in US Treasuries. The yield on the 10-year note ended the day at 2.37% and the...

The latest round of OECD Composite Leading Indicators showed some interesting results country-by-country, but one view we use when looking at these indicators is to take a breadth and diffusion (as...

S&P 500 and NASDAQ advance while Dow slipsUS stocks closed higher on Monday led by gains in technology and materials stocks. The dollar edged higher adding to Friday’s gains after stronger...

Today, the economic calendar is very light in terms of data releases. That doesn’t imply a quiet day though, as we have a plethora of central bank speakers on the agenda. In the UK, focus will...

Today, the news background is calm. At the moment, the majors are in the process of consolidation. Investors expect a number of important macroeconomic data to be published on Wednesday, July 12....

Denmark’s flexicurity system, which puts great emphasis on employee-management dialogue and protects individuals rather than jobs, is often cited as being exemplary. Denmark’s employment...

As is likely to be the case for much of this week, central banks will be in focus again on Tuesday with two policy makers from the Bank of England and two Federal Reserve officials scheduled to...

by Pinchas CohenKey Events PepsiCo completed a Double-Top reversal yesterday Asia shares rise on low volume, as China extends declines on sluggish consumer prices Oil below key $45 level Kiwi sold off...

The global bull market is thriving and is into its eighth year of gains. Now, stocks are pricey, but the rally is showing no signs of slowing down.Stocks could reach a cap if this quarter’s...

Markets are pondering over higher interest rates before Federal Reserve chair Janet Yellen, gives her testimony to Congress later in the week.ForexUSDThe dollar is up 0.2% as investors bet that...