Market Overview

You might have guessed that after five years and countless volleys of eurozone crisis flares and resolutions, the euro would callous to an ever-shortening and hyperbolic news cycle. And yet, here, on...

The substance of what ECB President Draghi said contained few surprises. The tone was cautiously optimistic that the worst is past for EMU.There were minor tweaks in the economy forecasts. The...

Forex News and EventsThe Australian economy expanded 0.9% in the first quarter compared to Q4 2014. Despite the fact that the figure printed above markets’ expectations, we do remain Aussie...

Now is the time to position for the final stage of the USD 'rocket'.ECB and Greece set to cap topside risk in EUR/USD near term.We recommend selling EUR/USD spot for a 1.0200 target.To Read the Entire...

EUR/USDCurrent level - 1.1143 Yesterday's break through 1.1050 signals a reversal of the whole slide from 1.1466 and the outlook is bullish above 1.1050, for a rise towards 1.1290, en route to...

U.S. futures are lacking any real direction ahead of the open on Wednesday, potentially taking a lead from Europe where indices are currently trading very mixed.We are now entering the business end of...

No real surprises are expected from the ECB press conference today. Encouraging signs of growth and improvements in manufacturing output in the Eurozone should vindicate Draghi’s current...

Slam the brakesWhen something's not working, what's to be done? Abandon ship is one answer or you could throw yet more of the same in the hope that the walnut caves in to the pressure.That's the...

Our monthly market valuation updates have long had the same conclusion: US stock indexes are significantly overvalued, which suggests cautious expectations on investment returns. In a "normal" market...

The expected risk premium for the Global Market Index (GMI) inched higher in May, rising for the first time in four months. GMI — an unmanaged, market-value weighted mix of the major asset...

Light on the Greek horizon?Yesterday morning I threatened to kidnap Greek, French and German leaders, as well as the heads of the IMF and European commission, and duct tape them together until a deal...

Euro rebounded strongly yesterday and stayed firm in Asian session. News regarding Greece was seen as the main driver in the rebound. It's reported that Greece's international creditors are giving the...

EUR/USDToday’s support: - 1.1109 and 1.1085(main), where correction is possible. Break would give 1.1059, where correction also may be. Then follows 1.1034. Break of the latter would result in...

Retail options traders may remember Al Sherbin from his days as the director of research for Tastytrade. He can now add to his list of credits an excellent book: How to Price and Trade Options:...