Market Overview

That Grand Narratives based on short-term trends are often wrong should not surprise us.Two of the most durable and least-questioned narratives of the past 15 years are: 1. The world is becoming...

The Australian dollar is back below the US80¢ mark today after yesterday's statement by the US Federal Reserve and reports that the Reserve bank of Australia is considering an Interest rate...

We have briefly covered Greece’s decision to vote in the far left “anti-austerity” Syriza party in posts this week, mentioning the short-term impact it has had on copper and gold...

Any failure to meet austerity commitments to the European Central Bank, International Monetary Fund and European Commission next month by Greece will see the next tranche of loans not being paid by...

Market movers today Market focus continues to be on Greece and US earnings reports that have weighed a bit on risk appetite in the past days. On the data front, German inflation is expected to...

The FOMC statement had small tweaks to the language but the most important sentence - that the FOMC can be patient in beginning to normalize the stance of monetary policy - was repeated. This in...

Financial expert Eric from Fx77 Binary Option indicates that it’s not a smart move to choose Call for USD Index at high position 95.00. For other products such as non-USD currencies and precious...

After a precipitous decline from US$100/bbl in September 2014, brent crude oil has settled into a trading range of $48-$50 in the last couple of weeks. The pressure appears to remain to the downside,...

EUR/USDToday’s support: -1.1258 and 1.1194 (main), where correction is possible. Break would give 1.1182, where correction also may be. Then follows 1.1154. Break of the latter would result in...

Dollar recovered mildly overnight after FOMC kept rates unchanged near zero and reiterated that "it can be patient in beginning to normalize the stance of monetary policy." The statement overall...

The EUR/USD pair fell from the 1.14 level during the session on Wednesday as the Euro continues to struggle to keep any gains. That being the case, we are still buying puts in this market as the US...

The introduction of the euro at the start of 1999 caused bond yields to converge in the Eurozone as investors no longer distinguished between the credit risk of the different members of the monetary...

We are about to witness a historic showdown between the major euro area institutions and Greece. Greece's newly appointed finance minister Yanis Varoufakis, a staunch bailout critic, will lead the...

If you listen to any streaming music service – and don’t pay for the privilege – you’ve likely noticed the occasional commercial interrupt your experience.Well, for Pandora...