Consolidation was largely seen in the currency and commodities markets on Monday as caution became the general theme due to the developing story in Japan. Equities however remain under considerable strain on many bourses as investors react...
Traders should be prepared for swift and volatile broad markets today and perhaps the remainder of this week as financial institutions and investors come to grips with the Japan tragedy. The scope of the devastation in Japan...
The USD and EUR provided some fireworks on Thursday taking into context that the two found themselves well within range at the end of the day. The EUR initially began to trade weaker against the USD after...
Consolidated trading was self evident across the broad markets on Wednesday as caution has begun to have an effect on currencies and bourses alike. The USD traded in tight ranges versus the majors without little to be...
Interest rates remain a focal point for investors going into to Wednesday’s trading. The USD gained on the EUR and GBP yesterday lifting the Greenback back into a bit of light. Economic data has been very light...
Central Banks are getting attention for the first time in nearly two years when taking into consideration the possibility of interest rate hikes. The major Central Banks including the ECB, BoE, and Fed have not had the...
Before leaving on an extended business trip, the term ‘oil shock’ was used in this daily analysis column. And nearly a week and a half later the words are resonating around the world. Major economic powers are...
The unchecked uptrend in oil continues to weigh on the US dollar, as the greenback posted losses against all major currency pairs on Wednesday. Escalating violence in Libya which reached dangerously close to oil centers, sent oil...
The final numbers for the major currencies mask what was in fact a volatile trading day. The EUR, GBP, and CHF all settled within .1% of their close on Monday, as the European session’s moves were undone...
Global equity markets rallied on Friday, as oil prices stabilized. Traders should not mistakenly think that the Libya situation is behind us. Libya shows no signs of quieting down, and it is likely that we will see...
