Market Overview

Fewer Americans than forecast filed applications for unemployment benefits last week, indicating U.S. employers were maintaining staff counts in the days leading up to the government shutdown. Jobless...

The gridlock between Democrats and Republicans in the US looked unlikely to ease as the US headed into its third day of a Federal government shutdown. The dollar fell to eight month lows on the...

Debt ceiling and Treasury’s choices Democrats and Republic are putting the fragile recovery of the US economy at risk by not resolving the political gridlock. It seems that the Treasury could...

The Labor Department's employment report for September, officially scheduled for release tomorrow, October 4, will be postponed because of the government shutdown. But assuming that the data will be...

Goldman Sachs' boss Lloyd Blankfein has warned that the US debt ceiling needs to be increased if an "extremely adverse" reaction is to be avoided. The US government has gone into shutdown mode after...

Market movers today Markets are in a waiting position for the battle on raising the debt ceiling. There are still no signs of a resolution to the government shutdown. US jobless claims will be...

The ECB left the key policy rates unchanged in October. During the press conference, Mario Draghi tried to remain as dovish as he was in September. The inflation outlook is subdued and the economic...

Thursday brings the latest updates for several purchasing managers indices (PMI) throughout Europe, although the hard-data report for August retail sales in the Eurozone may be the day’s most...

The US dollar is mostly softer, weighed down by several factors, including the closure of the government for the third day, new six month high in China's service PMI, the highest composite euro area...

Wall Street could be negatively affected by the ongoing US government shutdown, president Barack Obama said in a television interview yesterday (October 3rd). The American leader admitted that he is...

The partial closure of the U.S. Government over a budget issue is now entering its third day. There are an, estimated, 800K federal employees out of work till a resolution.There is a bigger problem...

EUR/USD Today’s support: - 1.3540, 1.3490, 1.3467 and 1.3449(main),where correction is possible. Break would give 1.3432, where correction also may be. Then follows 1.3413. Break of the latter...

The dollar remains soft against other major currencies in Asian session today. After a meeting between US president Obama and congressional leaders, there was still not resolution on the fiscal...

Dollar at Risk of Bearish Trend as Taper, Deficit Fear Eases The Dow Jones FXCM Dollar Index (ticker = USD) fell for a fourth consecutive trading day through Wednesday. That is a bearish observation,...