Market Overview

One of the biggest stories to emerge has been the decline in Emerging Market Currencies. The IMF noted this in their latest World Economic Outlook, which stated: Growth in emerging market and...

Today's release of the publicly available data from ECRI (Economic Cycle Research Institute) puts its Weekly Leading Index (WLI) at 133.0, marginally down from 133.4 the previous week. The WLI...

The University of Michigan Final Consumer Sentiment for July came in at 93.1, a decrease from the 96.1 June final reading. Investing.com had forecast 94.0 for the July Final. The Index is at its...

The unexpectedly record low increase in Q2 US Employment Cost Index unwound the some of the dollar's weekly gains and neutralized the near-term technical outlook. This coming week's nonfarm payrolls...

Some very astute readers raised interesting questions about the implied rundown rate in the Fed’s SOMA portfolio, as presented in our recent commentary “The Fed’s Dilemma.”...

Attention will remain very much on the U.S. economy and the Federal Reserve as we head into week and month-end.The Fed statement released on Wednesday gave few clues on the timing of the first rate...

Daily BriefingCurrencies EUR/USD: The pair is trading in a downward channel on a 4 hour time frame. The next resistance is at 1.1216 and the support is at 1.086. USD/JPY: The pair has formed a...

European markets are trading higher this morning and on track to finish the month higher. The month of July has been very colorful with plenty of events with each its own importance. For now, all eyes...

US growth brings optimismFollowing the Fed meeting on Wednesday, eyes shifted to yesterday’s GDP announcement from the States. While the statement from the FOMC was almost laser-focused on the...

Market Drivers July 31, 2015 Kiwi Slides on drop in business sentiment EOM flows subdued Nikkei 0.30% Europe 0.24% Oil $47/bbl Gold $1081/oz. Europe and Asia NZD ANZ Business Confidence -15.3 vs....

Market MoversThe main release today is the US employment cost index, which is set to increase 0.6% q/q. The quarterly index so far indicates that wage inflation is picking up in line with the...

The U.S. economy recorded an expansion of 2.3 percent in the second quarter, underpinned by stronger consumer spending, paving the way for the Federal Reserve as soon as convenient.Gross Domestic...

The U.S. dollar traded near its highest level in three months on Thursday amid the strength of the dollar after the Fed statement and divergence in monetary policy between the Fed and SNB.The USDCHF...

EUR/USDToday’s support: -1.0929 and 1.0913(main),where correction is possible. Break would give 1.0893, where correction also may be. Then follows 1.0867. Break of the latter would result in...