Market Overview

Mobile point of sale (POS) systems are quickly gaining momentum in the market.Old-School POSAccording to research firm, IHL, the traditional point-of-sale industry was worth about $18 billion...

The Advance Retail Sales Report released this morning shows that sales in April came in at 0.1% month-over-month, a strong improvement over the downwardly revised -0.5% in March. Today's headline...

The Asian markets opened on Monday morning with an unusual sense of uncertainty in the air. The Nikkei instantly rose to a five and a half year high of 14,766, an advance of 1.1 percent, as a reaction...

Abenomics appears to be off to a fairly successful start, despite the volatility in the JGB market. The yen is sharply lower. Equities are dramatically higher. The Japanese economy itself is likely to...

The euro slipped below $1.30 over the weekend and began Monday morning trading at $1.2987 as markets prepared for a host of economic indicators to be released this week.Most notably, Eurostat will...

Futures Lower on Chinese Data, Fed Tapering FearsU.S. equity futures traded lower in early pre-market trade following some weak economic data out of China and also on the heels of an article from the...

Currencies EUR/USD - the pair is still trading below its 50 day and 100 day moving averages. The RSI is showing that the bias could be to the upside.USD/JPY - the price could be forming a Head and...

The US dollar is consolidating the gains seen at the end of last week. The greenback briefly pushed through the JPY102 level in Tokyo, but this was not sustained. Meanwhile, global equities are mostly...

The Yen is edging lower as the week kicking off. The G7 meeting over the weekend signaled acceptance of depreciation in the Japanese currency, even though financial ministers pledged to monitor the...

A stronger dollar weighed in on commodities across the board during Friday and Monday morning trades. The USD has continued strengthening towards the Japanese yen. After the break through of the...

EUR/USD Today’s support: - 1.2914(main), where correction is possible. Break would give 1.2890, where correction also may be. Then follows 1.2875. Break of the latter would result in 1.2857. If...

CA Core CPI today will be another high impact release for the CAD as recent strength in the USD have added some pressure on the CAD, despite of the hawkish stance by the BoC. CA Core CPI today will...

UK Quarterly Inflation Report today should be Governor King’s last quarterly report as BOC Carney is expected to take over BOE in June. Today’s Inflation Report will set the course for GBP...

U.S. Core CPI release today could have slightly more impact on the USD market as recent string of positive event have positioned the greenback for a strong rally. If we get a very strong release...