The Sterling continues to languish against the USD. There were no major economic reports on Monday and the GBP essentially mirrored the declines of the EUR. Today the Revised GDP figures will be released from the U.K....
There was no major economic data released on Monday from the E.U., but this didn’t stop the EUR from being the focus of investors worldwide. The Sovereign Debt crisis has now in essence become an issue which...
The USD continued to gain against both the EUR and GBP on Monday in what amounted to a replay in many respects of recent trading sessions. A flight to quality by investors has been the overwhelming decision...
GOLD: The retrace in the price of Gold was predictable. We have mentioned several times that whenever Price outpaces the 50 day Moving Average it demonstrates great strength but only over the short run, as price and...
The weekend probably came as a relief for many investors after a full week of swift market action which was packed with volatility. The USD finished within the stronger parts of its range versus both the EUR...
Friday’s PMI data from Europe did nothing to warm the hearts of EUR investors. Nearly all the reports from Germany and France from the Flash Manufacturing and Services were negative and the broad European data was proven...
The Sterling continues to be in the shadows of EUR centric crosshairs and finds itself in the weaker realms of its range versus the USD. On Friday the U.K. released Mortgage Approval data and its results proved...
The JPY is within the stronger reaches of its range versus the USD. Although economic data from Japan remains less than promising, risk adverse trading has established itself once again. With so many questions lingering over the...
AUDUSD: This move has been drastic. Often it is recommended to put these moves into perspective by looking at the macro picture. The AUD has fallen nearly 12 big figures in two weeks and is maintaining that...
USDCAD: In our analysis Wednesday we talked about the potential for huge price action if the CAD cleanly breaks above the 200 day MA and we certainly saw that yesterday. This move is significant for 3 reasons....
