Market Overview

The Australian dollar broke through US87.00 cents before pulling back and settling around US86.80 cents at 4.35pm(AEDT) as strong local data gave the currency a boost. The Westpac Consumer Confidence...

EUR/USDToday’s support: -1.2442, 1.2423 and 1.2396(main),where correction is possible. Break would give 1.2371, where correction also may be. Then follows 1.2358. Break of the latter would...

Qihoo announced today that it will release its third-quarter earnings report on November 24 and this will give investors an opportunity to see if profit margins are showing signs of improvement, after...

Talking Points:US Dollar Drops as FX Volatility, Rate Forecasts Offset British Pound Traders Brace for Volatility from BoE Report Yen Crosses Rally as Market Speculates on Election, Tax Hike...

During the session on Wednesday, we anticipate that a lot of the action will be based around the United Kingdom. We have Claimant Change Count numbers coming out, which of course can have a great...

There are strong correlations between the inverse of the trade-weighted dollar and the following: industrial commodity prices, the Brent oil price, and the MSCI Emerging Markets stock price index. The...

The recent mid-term elections gave Republicans control of both the House and the Senate. Many economists and investment strategists are cheering the Republican takeover since they believe it will mean...

Think about this for a moment. The stock market is comprised of thousands of companies doing business in the economy. Therefore, it only makes sense that the value of the stock market should be a...

Talking Points USD/JPY surges to a 7-year high AUD/USD bounces off key Fib retracement Crude Oil closing in on key price zone Foreign Exchange Price & Time at a Glance:Price & Time Analysis:...

The Bank of Japan surprised the markets on October 31 and probably surprised itself just as much.  The BOJ meeting was initially to update macro forecasts, but it soon became clear to Governor...

There are many rules of thumb in trading. ‘Sell in May and go away’,’How the market goes in January sets the tone for the year’, ‘Buy Treasuries and Gold in times of...

Talking Points:US Dollar Technical Positioning Warns of Downswing Ahead S&P 500 Has Room to Extend Deeper Above the 2000 Figure Crude Oil Poised to Renew Selloff After Chart Support...

Daily Briefing Currencies EUR/USD: The pair is trading below its downward trend line on a 240 minute time frame. The next support is at 1.2318 and the next resistance is at 1.2895. USD/JPY: The pair...

The US economic trend remained positive in early November, rebounding from last month’s decline, according to a markets-based estimate of macro conditions. The Macro-Markets Risk Index (MMRI)...