Market Overview

The dollar pushed lower to a one-week trough against the other major currencies on Thursday, as investors continued to lock-in profits from the greenback’s recent rally to two-month highs, after...

The US dollar is winding down the week on a firm note, but still in a consolidative mode. The euro and yen and Australian dollar are well within yesterday's ranges while sterling and the Canadian...

Brent crude’s failure to hold above the US$50 level and weak capital goods orders from the US appear to have halted US markets and the dollar overnight. Ahead of the open this does not look...

Today's speech by Fed Chair Yellen (19:15 CET) concludes a week that has been heavy on speeches by FOMC members. Yellen speaks at Harvard's Radcliffe Day but based on the agenda it seems unlikely she...

CurrenciesEUR/USD – moved up towards the resistance around the 1.12 level before moving down after the better than expected data out of the US. The most important events in the market today are...

Major currencies were range-bound on Friday as broadly positive US data yesterday failed to give markets any direction. Traders are instead looking to Yellen’s appearance later today for further...

The U.S. Dollar and U.S. StocksThe U.S. dollar is rising, and the U.S. market is approaching its old highs. The European market is rejoicing temporarily because Greece has been allowed to carry on...

As of this writing, we have news – as we predicted – that the Greek can has been kicked one more time, with European creditors preparing to hand over €11 billion. Greece will use the...

The past few years has seen the prices of real estate in New Zealand skyrocket as a combination of historically high immigration and capital flows largely predicated by QE, have impacted the local...

Last night’s post on the US stock market ended as follows: “As far as the Fed and its puny rate hikes are concerned, that is irrelevant. This market is flipping them the bird. Markets can...

On 19th April the Shanghai Gold Exchange (SGE) began quoting a twice-daily gold-price ‘fix’ in yuan terms. Some pundits claimed that this would give the gold price a large and sustained...

I have made some changes to my Trading Rig Configuration to account for more Natural Gas Trading, the US Dollar Index, the VIX and Bonds.

Freeport-McMoran Copper & Gold Inc (NYSE:FCX) is one of the stocks affected by the steep drop in commodity prices. The stock is down about 45% from its one-year peak price. However, the stock is...

As if something out of bad dream, the economy continues to shrink. Actually, the economy has been shrunken this whole time, it is only the full recovery narrative that has shriveled as each drastic...