Market Overview

The US dollar is trading with a heavier bias today as its recent run is consolidated. The euro is trying to snap the eight-day slide that brought it to nearly $1.0665 yesterday, the lows for the year....

FOMC Chair Janet Yellen will testify regarding the US economic outlook before the Joint Economic Committee in Washington DC.Yellen will speak for the first time after the mispriced Trump victory moved...

Donald Trump’s unexpected election victory sent shockwaves across the globe and hardest hit were major tech stocks which stumbled due to uncertainty. Throughout Trump’s election campaign...

Donald Trump’s unexpected election victory sent shockwaves across the globe and hardest hit were major tech stocks which stumbled due to uncertainty. Throughout Trump’s election campaign...

CurrenciesEUR/USD – dropped to the lowest level since December as the USD kept on strengthening, in spite of the weaker data out of the US. Today we have important inflation data out of both the...

by Eli WrightAsian equity markets were stable overnight. In Japan, the Nikkei was flat, closing at 17,862.63; the Shanghai Composite edged up 0.1% to 3,208.21; the Hang Seng moved 0.45% lower, to...

GBP/SGDToday’s support: - 1.7601(main), where correction is possible. Break would give 1.7587, where correction also may be. Then follows 1.7566. Break of the latter would result 1.7539. If a...

Yellen to take the stand for first time since Trump’s victoryFor the first time since the Presidential election, Fed Chair Janet Yellen will testify to congress this afternoon, where...

After yesterday’s trading update, EasyJet PLC (LON:EZJ) is being touted as a great buy. We don’t see it that way…Let’s take a deeper dive into yesterday’s full year...

The oil effect, an opportunity for importers?Although we had thought that the influence of crude oil prices (WTI) on the CAD had faded, yesterday’s trading day proved the contrary. Early in the...

SPX Monitoring purposes; Long SPX on 11/11/16 at 2164.45; sold 11/15/16 at 2080.39 = .74% gain. Monitoring purposes Gold: Covered on 11/9/19 at 24.59 = gain .07%: GDX 11/2/16 at 24.78. Long-term...

Forex News and EventsCommodities record gains after seven days of consecutive weakness Uncertainties around the US election have been significant. Gold prices have gone down over the past two weeks...

A solid gain in retail sales for October dealt another blow to folks who’ve been warning that a US recession is imminent. Consumer spending increased at a brisk pace last month, advancing 0.8%,...

The US dollar remains bid. It is at its year high against the euro and five-month highs against the Japanese yen. Sterling, which has performed better recently, remains in the trough around 30-year...