Please try another search
Some analysts are again projecting that the age of higher interest rates has finally arrived. The Fed is tapering and the US economy is expanding moderately, despite a first-quarter setback. David...
The US dollar is posting modest gains against most of the major currencies. The Australian dollar is a the main exception. Following the government's nonchalant attitude last week, the central bank...
EUR/USDToday’s support: - 1.3500(main),where correction is possible. Break would give 1.3489, where correction also may be. Then follows 1.3468. Break of the latter would result in 1.3455. If a...
GBP/USD: Cable edges lower from highs; Overall bullish structure remainsJPY government sees FY14 economic growth of 1.2%, down from 1.4% projected earlier. CNY leading Index m/m is nearly...
Ukraine crisis sets the toneThe crisis in Ukraine dominated activity Monday. The dollar gained all around against its G10 counterparts (even JPY) as the US currency’s safe-haven appeal came to...
The sentiment of business leaders in France is that economic growth will be weak. In fact, it will be too tepid to deliver any cut in the unemployment rate, which has been stuck above 10 percent for...
US Dollar Struggling to Breach Familiar Resistance Prices are struggling to build upward having reversed higher as expected after producing a Bullish Engulfing candle pattern. Buyers are...
Currencies The euro dropped yesterday down to 1.3512 against the dollar. The single currency has formed its resistance at 1.3545 and support at 1.3500 while edging lower. The dollar rose from 101.19...
EU foreign ministers are meeting today to decide on further sanctions against Russia following the MH17 crash. In particular UK’s Cameron is pushing for additional sanctions. However, the...
Heading into the CPI print later today, the market is firmly in “we don’t believe it” mode. Since the CPI report last month – which showed a third straight month of a...
In the most recent newsletter, I discussed this year's rise in the markets and the fact that all of the gains have occurred during some of the historically weakest months of the year. I also...
"Index shows economic growth decelerated slightly in June": This is the headline for today's release of the Chicago Fed's National Activity Index, and here are the opening paragraphs from the report:...
Federal Reserve Chair Janet Yellen was prominently in the news again last week. Most of Wall Street’s ire was directed at her for her comment that “…valuation metrics in some...
This Great Graphic was posted by Benn Steil and Dinah Walker of the Council on Foreign Relations. Based on GDP, it shows who is under and over represented on the IMF. Ironically, it is not just many...
Regular readers will know that I have been relatively cautious on the outlook for China. But despite recent dire headlines such as China debt surges to 251% of GDP, China has not crashed. What`s more,...