Market Overview

Global investors are taking a European excursion. This year, European stocks are flying high. The EMU MSCI (in euros) is up 19.0% YTD, well ahead of the 1.5% gain in theUS MSCI. Of course, this...

Consider the Elliott wave picture above where about an 80 point decline in the S&P 500 can be seen from C to 1. The reason why from the all-time high the wave count in color looks best is...

The US Dollar index fell from 100 again on concerns that Fed may consider to delay the rate hike as USD rocketed and inflation is still at low level. The bulls of USD shall be aware that if Fed...

I’d like to make the disclaimer that this post is not prescriptive of what should be done for the economy, it’s only a rough estimate of where an “inflation boundary” (an...

Despite a calm week in terms of economic data, the U.S. dollar continued to appreciate against all other currencies.The USD/CAD did not escape this trend and rose by more than 150 points over the...

The Australian dollar is sitting tight today, ahead of Tuesday’s minutes meeting from the Reserve Bank of Australia as the market awaits direction on monetary policy and in particular, the...

The foreign exchange markets have commenced trading with currencies attempting to modestly recover losses after suffering punishment following another surge in USD strength over the previous week....

In the previous post on using R for portfolio analysis and design, we discovered that global diversification across asset classes has been modestly beneficial relative to a basic 60%/40% US stock/bond...

This is supposed to be the year the economy throws off its shackles and posts its best growth in a decade. But so far the plan is not going exactly according to script. The economy is doing much...

Into the abyssUS oil benchmark WTI is staring into the abyss Monday after hitting a six-year low of $44.27/barrel with a potential path all the way to $31/b opening beneath its feet.""The US inventory...

EUR/USDToday’s support: - 1.0583, 1.0543, 1.0518 and 1.0474 (main), where correction is possible. Break would give 1.0443, where correction also may be. Then follows 1.0418. Break of the latter...

The U.S. dollar reached to fresh 12-year highs against the euro on Friday as the diverging monetary policies between the Federal Reserve and the European Central Bank push the single currency even...

The financial markets continued to price in change in forward guidance in the upcoming FOMC statement this week. To be specific, traders were expecting Fed to drop the word "patience" to pave the way...

The forex markets are relatively steady as the week starts. Major pairs and crosses are bounded in tight range as markets are getting cautious ahead of FOMC meeting. US dollar stays firm above 100...