Market Overview

EUR/USDToday’s support: -1.2463, 1.2442 and 1.2420(main),where correction is possible. Break would give 1.2388, where correction also may be. Then follows 1.2354. Break of the latter would...

Market movers today US markets are closed due to Thanksgiving. The OPEC meets in Vienna today. Whether or not it will cut its output target to curb the downward pressure on oil prices looks to be...

UP NEXT: I suspect there is further upside potential for Euro crosses if it sniffs even a hint of 'OK' data judging by previous reactions. Selling euro is not exactly a new idea and we have seen...

Dollar: US Capital Markets are Closed, But Not the CurrencyWith the US heading into its Thanksgiving holiday, liquidity was seen draining from the system. Given that a sentiment benchmark like the...

US markets today are closed for the Thanksgiving holiday, but there’s no shortage of macro news in Europe to fill the gap. First up is the monthly report on unemployment in Germany, followed by...

Market overview The price of oil slips below USD 80 per barrel The US has remained the bright spot in the global economy Theme Oil prices have become a more important explanatory factor for the...

Risk sentiment retreated slightly overnight as most US data disappointed. Treasuries continued to be in demand and USD weakened against the majors. As the US markets are closed today, the focus...

Market participants will be eager to hear what Draghi and Weidmann have to say today following comments by Constancio yesterday which were received as supportive of sovereign QE. Constancio said that...

We have been told over and over again that the Fed's monetary policy of Quantitative Easing (QE) is inflationary; that it's responsible for creating artificially higher stock prices; and that it...

October’s Wild RideOctober created quite a wild ride for investors across investment strategies and asset classes. The S&P 500 Index was off by more than 5.5% by October 15th while...

In the pursuit for successful investments, investors from all over the globe are in for a very tight competition. In developed countries where growth rates tend to be more stable, it is difficult to...

The Federal Reserve can lower interest rates to zero, or even–as the European Central Bank has done–into negative territory. But it can’t make lenders lend or would-be borrowers...

Since this is Thanksgiving, I want to offer my thanks to you for your readership over the past year. Your comments, suggestions, and debates have been a great source of education and affirmation for...

Monitoring purposes SPX; Sold 9/30/14 at 1972.29= gain .003%; Long SPX on 9/25/14 at 1965.99. Monitoring purposes Gold: Gold ETF GLD long at 173.59 on 9/21/11. Long-Term Trend monitor purposes:...