By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The week just ended was marked by multi-year highs for many currencies. The biggest milestone was reached by the Australian ...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Just hours ahead of the European Central Bank's monetary-policy announcement saw profit taking drive EUR/USD off its highs. ...
ECB President Draghi did not argue forcefully enough at yesterday's press conference to dampen the enthusiasm for the euro. The initial dip was quickly bought and the euro chased above last year's ...
by Pinchas Cohen Key Events Global stock momentum is heating up. Asian equities advanced for a ninth consecutive day, fired by yet another US equity record, and after the Bank of Japan, as expected, ...
by Clement Thibault Since the 2008 financial crisis, Microsoft (NASDAQ:MSFT) shares have been trending in just one direction – up. The technology giant has long been the go-to platform for ...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Concerns for low inflation are limited. While European Central Bank head Mario Draghi said Thursday that measures of ...
Last night, over drinks – a detail that will gain more salience when I describe the discussion – several friends and I were talking about lots of market-related items (as well as, of ...
Last time I posted an analysis for gold and silver I said that I was bullish looking for higher levels. I’ve been bullish gold since early July when prices entered the $1220-1200 price range. I ...
There may have been no hints at a September tapering in today’s ECB statement or Mario Draghi’s press conference but traders certainly found reason to drive the euro higher, something the ...
General Electric Company (NYSE:GE) Industrials — Industrial Conglomerates | Reports July 21, BMO. The Estimize consensus calls for EPS of $0.26, one cent higher than the Wall Street consensus ...
The European Central Bank, left interest rates unchanged, as expected. QE program has continued until December 2017 with monthly asset purchases of €60 bln. The ECB Governor Mario Draghi ...
LONG-TERM TREND: BEARISHINTERMEDIATE-TERM TREND: BEARISHSHORT-TERM TREND: NEUTRALVERY SHORT-TERM TREND: BULLISH We noted in our last update that gold was falling precariously close to support at ...
Oil price got rejected yesterday once it reached the Daily Kumo (cloud) resistance at $47.30. Oil price could be making a double top reversal here if we see price remaining below the Daily Kumo ...
Key Points: ECB’s Draghi takes a hawkish tone in his latest commentary Highlights low inflation but suggests the economy is growing strongly Potential for a QE taper in September ECB ...
The DAX index has posted small gains in the Friday session. Currently, the DAX is trading at 12,454.20, up 0.22% on the day. It’s a quiet end to the week, with no German or eurozone releases. On...
The EUR/USD daily Forex chart pulled back overnight to below the July 12 high. It therefore closed the gap. The bears need a 3rd consecutive bear day before traders will begin to believe that a ...
The before-and-after DAX 30 charts from Monday and today highlight the straightforward nature of technical formations in translating into anticipated outcomes. You may recall we posted this as our ...
USD/JPY’s rally from 108.80 came to its natural end last week, when the pair climbed to 114.50. The rate exceeded the mid-May high of 114.36 for what is usually called a “bullish ...
Yesterday, gold hit a three-week high. What does it mean for the precious-metals market? The ECB kept its monetary policy unchanged yesterday. And Draghi said that the ECB had made no plans regarding ...
Following on from the popular post on the seasonal turning point for the VIX last week, here's an insight into seasonality for the S&P 500 and how 2017 is tracking YTD vs. the historical seasonal ...
