Market Overview

Many regard the risk of inflation as low, since the Fed’s money distribution or credit mechanism is limited by how the banks decide to lend. While credit worthy businesses and consumers are...

We all know quantitative easing devalues the Dollar but contrary to that general statement it looks as though we could see the dollar index continue to rise for a few more weeks.If we analyze the...

1) Optimism about Petrobras and BRL was dented as Friday’s key event was postponed 2) RBI Governor Rajan continues to push with his aggressive reforms 3) Turkey gave more...

Reports indicate strong Bitcoin interest in China. BTC, the China-based Bitcoin exchange accounts (trading a third of all Bitcoin transactions, while China may account to close to half of the daily...

The depth of the corrections in the EUR/USD and USD/CHF did provide me with a minor shock over the past two sessions, but as the day wore no yesterday and I looked around the pairs I began to settle....

In yesterday's post, I discussed why I agreed with Jeremy Grantham's recent prognostication that stocks could rise another 30% from current levels. That agreement was not from some fundamental...

New filings for unemployment benefits fell last week, dropping the most since early September. Is that a sign that the labor market will grow at faster rate? Maybe, although we'll know more if we see...

In November, activity in the eurozone continued to increase. However, the recovery remains weak and there is no concrete sign, at least for the time being, that it might strengthen over the coming...

Thursday’s a busy day for updates on business sentiment, including purchasing managers indexes (PMIs) for France (08:00 GMT) and Germany (08:30 GMT), followed by the Philadelphia Fed...

The US dollar is consolidating yesterday's gains against most of the majors, with two notable exceptions. Perceptions of heightened prospects for Fed tapering have pushed up US Treasury yields and...

■ The Bank of Japan (BoJ) left monetary policy unchanged at today’s Policy Board meeting. The aim is to increase the monetary base at an annual rate of about JPY 60-70 trillion (13% of...

■ Retail sales proved stronger than expected, up 0.4% m/m in October, a rise that was not confined in cars and gas stations, as excluding those two volatile items, sales were up by 0.3% m/m,...

The latest EU GDP confirmed what the ECB has been telling us for months, the EU economic recovery is indeed fragile. While the majority of the attention has been on France’s unexpected economic...

EUR/USD Today’s support: - 1.3396 and 1.3382(main), where correction is possible. Break would give 1.3356, where correction also may be. Then follows 1.3332. Break of the latter would result in...