Market Overview

EUR/USD Today’s support: - 1.3365, 1.3343 and 1.3320(main), where correction is possible. Break would give 1.3309, where correction also may be. Then follows 1.3278. Break of the latter would...

The latest IMM data covers the week from 29 October to 5 November. Speculative investors scaled back on long EUR, GBP and CHF positions and bought USD in the week ending 5 November. In particular,...

Asian markets, and especially the Nikkei, were higher today on the heels of yet another record close by the Dow Jones overnight. This is also the final day of a key policy meeting in China so we are...

US equities edged higher overnight in thin holiday trading with DOW closing at another record high of 15,783.10. Investor continued to be optimistic that the strength of the US economy could withstand...

The markets have been extremely quiet the last few days. With the exception of the hard selling that occurred on Thursday it’s been a snooze fest.The reason for this is that no one wants to...

Chart 1: Further breakdown in the yen could lead to higher stock prices:Here are some interesting chart combinations I am following. The first one, seen above, is between the Japanese yen and the...

Up 0.36% in September and 1.24% YoY Earlier today I posted my latest Big Four update which included Friday's release of the September data for Real Personal Income Less Transfer Payments. Now let's...

Note from dshort: I've updated the accompanying charts with the latest Personal Consumption Expenditures price index from the Bureau of Economic Analysis. The annualized rate of change is calculated...

Dollar’s Smallest Range in 7 Months Warns of Volatility The Dow Jones FXCM Dollar Index (USDollar) traded in an incredibly tight 18.8-point daily range Monday – the lowest level of...

For now, the data show that real GDP on a y/y basis rose only 1.6%, continuing to grow just below the dreaded “stall speed” of 2%, as it has been since the start of the year. However,...

Fed officials have said that their ultra-easy monetary policy is justified not only by weakness in the labor markets but also by declining consumer price inflation, especially if it gets too close to...

STOCKS: The world economy is muddling through. The sequestration and continued Congressional argument regarding government closures and debt ceilings are clear headwinds to the US economy, while China...

The inflation-adjusted year-over-year pace in so-called high-powered money—M0, as some label it—is rising at the fastest rate since 2009, when the Federal Reserve was winding down its...

The stronger-than-forecast U.S. payroll data released last week strengthened USD against a range of currencies. Data released on Thursday showed that U.S. economy grew at its fastest pace in a year in...