EURUSD awaits PMI data
We enter the penultimate month of 2014 and the dollar strength that had been expected to play out this year and predicted by many a year ago as being the …
Read MoreWe enter the penultimate month of 2014 and the dollar strength that had been expected to play out this year and predicted by many a year ago as being the …
Read MoreThe initial dollar strength following the FOMC on Wednesday was partially unwound as it looked like the bull run was struggling to shift up a gear. If there was ever …
Read MoreThe FOMC decision last night gave us the expected historic end to QE III which really should have come as no surprise however the dollar reacted as if it was. …
Read MoreThe dollar strength seen in August and September has come up against some stiff resistance in October and even yesterday’s much better than expected US consumer confidence numbers were not …
Read MoreThe dollar has failed to re-establish itself as the dominant currency following a retracement so far in October and yesterday’s economic data didn’t do too much to help it as …
Read MoreThe ECB’s stress tests have passed and it looks like third time lucky for the European banking sector although the focus is on Italy which has seen as many as …
Read MoreThe U.S. Department of Labor reported that Weekly Initial Jobless Claims had increased by 17,000 claims in the week ending on October 18th. Weekly jobless claims rose to 283K, compared …
Read MoreThere’s no doubt that a calmer tone has emerged in markets this year. Stocks have recovered for most of the week and the spike higher in forward volatility measures seen …
Read MoreThere has been a common theme in the past few weeks in relation to central banks becoming more concerned with the global growth outlook and the Eurozone in particular. This …
Read MoreThe CADJPY market has been falling under pressure every since the prior uptrend over extended, and was exhausted. The CADJPY has fallen into a strong weekly level where the market …
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