Market Overview

Markets’ mood towards Turkey took a decisive turn for the better last week. In my latest Hurriyet Daily News (HDN) column, I look at the different reasons for this change in mood, such as...

Dollar Finds Relief with First Advance in 11 Days, Will it Last?A break in the speculative feedback loop worked in the US dollar’s favor Monday. The Dow Jones FXCM Dollar Index posted its first...

Inflation expectations in the Central Bank’s monthly survey of expectations surged on Friday.  On the one hand, this is obviously a negative development, especially since it came after the...

Florence Mayor Matteo Renzi has been formally offered the opportunity to see if he can put together a government that can win a vote of confidence, not so much in the Chamber of Deputies, where the PD...

On our website, we have 14 “Country Briefing” publications that are automatically updated to track the key economic and financial variables in each of the countries. There’s one on...

EUR/USD Today’s support: - 1.3677 and 1.3663(main),where correction is possible. Break would give 1.3633, where correction also may be. Then follows 1.3618. Break of the latter would result in...

In FX Market Update: EM sell-off has eased - sell 3M the EUR/PLN straddle , 6 February 2014, we recommended selling a 3M straddle in EUR/PLN. The main motivation for entering this position was to take...

Several times in the past, I’ve referred to Fed Governor Janet Yellen as the Fairy Godmother of the bull market. I supported this notion with a chart showing that the S&P 500 has tended to...

The Bank of Japan is expected to downplay the recent speed bump in the global economy and maintain its current position of monetary policy. Turmoil in the emerging markets along with a blip in U.S and...

Currencies EUR/USD: The pair is trading in an upward channel on a 30 minute time frame. The next resistance is at 1.3737 and the support is near the 1.3549. USD/JPY: The pair is trading in a...

Asian markets started the session in a frailer territory to kick off the week on the back of the Japanese economic data. But, as the investors digested the news, the momentum changed its course...

The US economic trend has rebounded a bit in February after a soft start in the new year, based on a markets-based profile of macro conditions. The Macro-Markets Risk Index (MMRI) closed at 10.8% on...

On Friday, the U.S. dollar index decreased due to the weak economic data in the U.S., and strong data out of the EU and China. US industrial production in January appeared highest in the last 4.5...

The latest IMM data cover the week from 4 to 11 February 2014. IMM positioning data released last Friday showed that non-commercial FX positioning in the week to 11 February saw no large movements....