The broad marketplace continued to display cautious sentiment on Monday. Global equity markets declined. Wall Street experienced steep losses on the major indexes as downward pressure continued to mount. The USD held steady against the EUR and...
The EUR debt crisis continues to pick up steam. And repeating a performance from the past two weekends, European governments made several pronouncements over the weekend which are likely to affect investors today. The EUR lost ground...
A confidence game is in full effect as government officials including Central Bank leaders and CEO’s from various corporations speak about the ‘health’ of the global economy. The ECB is insistent that the Greek debt situation and...
The reversal for the USD continued its trend on Friday as the Greenback continued to gain value against the EUR and GBP. Commodity markets also declined before going into the weekend. The EUR started out Friday with...
The broad markets remained rather cautious on Thursday as the USD continued to hold ground against the EUR and GBP. After months of taking it on the chin from the Single Currency the Greenback appears to be...
Volatility came back into the broad markets in the wink of an eye on Wednesday. The markets maintained a steady stance for most of the day, but as the American session began to get underway in earnest...
The EUR reversal was put on hold as traders consolidated their positions on Tuesday and actually took the Single Currency to better values. With both Greece and other European nations saying a restructuring of Sovereign Debt is...
Last week finished with traders perhaps feeling as if they had been put on a roller coaster and trapped. The USD continued its sudden reversal on the EUR as the Greenback gained value quickly.
Commodity prices broke downward yesterday as Gold, Crude Oil, and Silver all declined. Gold is certainly still within the higher realms of its trend and it might be foolhardy to consider its upward momentum a thing of...
The broad markets remained rather tentative on Tuesday as investors continue to show weariness ahead of tomorrow’s Central Bank policy meetings via the ECB and BoE. The USD did pick up some ground against the GBP, but...