Daily Look

Crude oil has been recovering after a major downtrend caused it to lose over 50% of it’s value. It’s only natural that we see a bullish correction after a 6 …

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Equities in China, Japan and Europe are trading on a stronger footing today as markets outside of North America have shrugged off Wall Street’s slide yesterday, which was largely in …

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Yesterday’s pull back in risk assets reminded investors that there remain considerable headwinds that threaten stability in the financial markets and often those headwinds are unforeseen. Political instability emerged in …

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The news flow over the extended week end has unsurprisingly been focusing on Greece as the end of another month nears and substantial payment deadlines loom. Not only will they …

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EURUSD Daily Pivots R3 1.1352 R2 1.1279 R1 1.1145 Pivot 1.1073 S1 1.0939 S2 1.0866 S3 1.0732 EURUSD (1.0981): EURUSD is trading below the 1.1 psychological handle after consolidating near …

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Both the Bank of England (BoE) and Federal Reserve (Fed) published the minutes from their respective monetary policy meetings this week. Neither resulted in any surprises and were accordingly overlooked …

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Risk assets continue to edge higher with equity indices rebounding from recent sell offs and oil prices bouncing. The dollar rebound though just seems to have run out of steam …

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The April FOMC meeting minutes last night did little to change perception on the Fed, namely that a June rate hike is off the agenda (but not totally ruled out) …

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EURUSD Daily Pivots R3 1.1483 R2 1.1403 R1 1.1275 Pivot 1.1197 S1 1.1068 S2 1.0988 S3 1.086 EURUSD (1.1138): EURUSD continued its decline yesterday posting second day of losses after …

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With all the volatility elsewhere, the yen (and in particular USDJPY) has been notable for its stability. This is certainly the nature of yen in recent years, with long periods …

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