Market Overview

I am not sure what to make of the U.S. Dollar (DXY) vs Spot Gold relationship recently, because it has certainly been counter-intuitive, not to mention counter-historical.It is unusual to have such a...

Another good day yesterday, the Dollar extending gains towards the upper targets areas. The only detractor was GBP/USD but this was expected, having taken an alternative route to its eventual target....

US dollar shrugs off data and awaits ECB BoC statement provides fodder for bulls and bears FX market seemingly indifferent to risks of EUR/USD bounce The US Dollar continued to grind higher in an...

Wednesday morning a contributed article by Peter Schiff, CEO of Euro Pacific Capital, and author of The Real Crash - America's Coming Bankruptcy, ran in the Washington Times. The piece sheds...

The ongoing slump in oil prices looks set to take their toll on London’s “super prime” property markets with attendant consequences for the rest of the London property market....

Euro area retail sales increased 0.4% m/m in October after declining 1.2% m/m in September. In yearly terms they were up 1.4% in October and have increased at around that level since April. There was...

The US dollar is extending its advance as the divergence theme moves into overdrive. The dollar has drawn close to JPY119.50. The euro has fallen to new lows near $1.2320, having been turned back from...

Bank of Canada to remain on hold the BoC is expected to sit tight at today’s meeting, keeping its benchmark interest rate unchanged in its final decision of 2014. Even though Canadian inflation...

Wednesday is a busy day of economic releases, including the monthly report on retail spending for the Eurozone. Later, two US updates will be closely watched for evaluating the November macro profile...

Trend Following with Managed Futures: The Search for Crisis Alpha (Wiley, 2014) by Alex Greyserman and Kathryn M. Kaminski is an academically rigorous book with a practical bent. Although on the...

In the current economic policy debate in Europe there seems to be an increasing polarization between the German view and the view of the other countries. How did we end up with such polarized views of...

Currencies The euro (EUR) collapsed around 200 pips yesterday and trades near its 2-year low at 1.2368 against the US dollar (USD). The single currency declines as greenback appreciates across the...

The Ibovespa—the main Brazilian benchmark—opened for the first day of trading on January 2, 2014, at 51.522 points and with dire prospects. The economy was struggling, public indebtedness...

EUR/USDToday’s support: - 1.2354 and 1.2347(main),where correction is possible. Break would give 1.2330, where correction also may be. Then follows 1.2319. Break of the latter would result in...