Forex and Financial Market Update
Courtesy of stronger than expected fundamental and economic data all markets saw a volatile start to the week. Commodities, equities, and energy all surged in today's trading which is a death knell for...
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Thanks to the strongest Pending Home Sales data in 8-years the dollar was put under further downside pressure as the S&P 500 was able to make it's highest close of 2009 and best overall gains since...
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I just got in and am catching up on Wednesday's market moves and I see there was quite a bit of volatility with all of the higher-risk, higher-yielding markets making strong downside moves. Catching up...
View ArticleForex and Financial Market Update 11 June 2009
Dollar falls to rising crude, equities, and negative central bank rhetoric: Once again the dollar was handed more losses to the euro and pound sterling courtesy of crude oil and US equities. The front...
View ArticleForex and Financial Market Weekly Outlook 14 June to 19 June 2009
As has been the case in recent weeks, for this trade week, price action and market direction will be closely linked to key fundamentals and geo-politics as those two leading market factors dictate risk...
View ArticleForex and Financial Market Update 15 June 2009
Euro plunges from sharp drop in crude, S&P 500, and central bank rhetoric: Today's strong market volatility can be best described by looking at what the world's three leading correlated markets...
View ArticleForex and Financial Market Update 16 June 2009
Disinflationary US fundamentals reverse early gains by higher-yielding markets: The higher-risk, higher-yielders were off to a strong start during the European and early NY session as the markets got...
View ArticleForex and Financial Market Weekly Outlook 21 June to 26 June 2009
Hello, I hope you had a peaceful and restful weekend and you've come ready to trade this week because I think we're going to see some sharp moves over the next five to ten days. Trying to "predict" the...
View ArticleForex and Financial Market Update 22 June 2009
Dollar and Yen rally as equities and commodities plunge: For the start of the trade week it's been nothing but a sell-off for all higher-risk, higher-yielding markets. In yesterday's update I issued a...
View ArticleForex and Financial Market Update 23 June 2009
Last night in our chat room we got on the topic of how the Federal Reserve and European Central Bank use monetary policy, verbal rhetoric, and geo-politics to move their respective currencies up or...
View ArticleForex and Financial Market Update 30 June 2009
Markets show continued vulnerabilities to weak fundamentals: Besides a healthy round of Q2 profit-taking which occurred across the board today, crude, gold, the S&P 500, Dow, EUR/USD and GBP/USD...
View ArticleForex and Financial Market Update 1 July 2009
When I woke up this morning to trade the NY session and started catching up on the price action of the Forex, equities, and commodities markets I got that gut feeling that said, "don't take a trade,...
View ArticleForex and Financial Market Weekly Outlook 5 Jul to 10 Jul 2009
Whenever I sit down to prepare for a new week of trading and to research the market for the week ahead I always focus on those one or two big fundamental events that I know hold the power to directly...
View ArticleForex and Financial Market Update 6 July 2009
Crude and global equity indices whip Forex markets around: The markets got themselves off to a wild and volatile start this week... the price action seen in the equity, commodity, and especially the...
View ArticleForex and Financial Market Update 7 July 2009
Once again the the markets suffered through another bout of relentless selling and risk aversion. Today the selling began before NY opened and intensified during the Wall St. session. Crude maintained...
View ArticleForex and Financial Market Weekly Update 12 July to 17 July 2009
For the week ahead the Forex, equity, and commodity markets will all begin trading at very key price levels and points of potential vulnerability. The S&P 500 and Dow Jones have been on a 4-week...
View ArticleForex and Financial Market Update 13 July 2009
Tale of two markets: If you started the trade day believing market participants in Asia, the world was coming to an end... if you ended the trade day believing European and North American market...
View ArticleForex and Financial Market Update 14 July 2009
Markets make modest gains on mixed inflation and retail data: Although the S&P 500 posted a 0.5% gain and the Dow closed up 0.3%, the price action in the equity, Forex, and commodity markets were...
View ArticleForex and Financial Market Update 15 July 2009
The return of euphoria: Good earnings, hot consumer price inflation, and a textbook short-squeeze scenario skyrocketed the S&P 500, Dow, crude oil, and gold while sending the US dollar Index...
View ArticleForex and Financial Market Weekly Outlook Jul 19 to Jul 24 2009
During last week's trading we all saw what kind of impact the earnings reports and the moves on the S&P and Dow Jones had on the currency, commodity, and bond markets... for the week ahead I expect...
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