Kurt Osterberg

Browsing All Posts By Kurt Osterberg

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EUR/USD: Price Up After Obamacare News

Previous: The US dollar index fell by 0.12% to 95.15 on Monday. Correspondingly, the euro/dollar rate rose by 0.11% to 1.1478 (+13 pips). The euro closed up against the dollar thanks to growth on the ...
On July 18, 2017 / By Kurt Osterberg
Finance 0
Pound Tumbles From 10-Month High On Weak CPI Print: ‘The BoE Was Barking Up Wrong Tree’ Anyway

Rounding out an overnight session that saw a couple of notable FX moves is the pound, which dropped from a 10-month high after hotly anticipated UK CPI data came in, well, not hot. June inflation ...
On July 18, 2017 / By Kurt Osterberg
Finance 0
Dollar Tumbles, Euro Soars After Obamacare Repeal Dies; China Intervenes To Halt Rout

Bulletin headline summary from RanSquawk The USD-index dropped to 10 month lows amid fading hopes of US reforms after Obamacare repeal effectively died last night. Soft CPI from the UK and NZ weigh o...
On July 18, 2017 / By Kurt Osterberg
Finance 0
Sensex Finishes Deep In The Red; ITC Falls 12.6%

Indian share markets continued to witness selling pressure in the afternoon session amid weak international markets. At the closing bell, the BSE Sensex stood lower by 364 points, while the NSE Ni...
On July 18, 2017 / By Kurt Osterberg
Finance 0
EUR/USD Above 1.15 On Trumpcare Failure – Levels

EUR/USD is on the move. After hesitating and making baby steps above the former resistance line of 1.1445, the pair finally takes a bigger step. Euro/dollar is well above 1.15 and has set a high at 1....
On July 18, 2017 / By Kurt Osterberg
Finance 0
Crude Oil – Tuesday, July 18

Entering new shorts or liquidating longs in the rectangle area. Source: Investing.com...
On July 18, 2017 / By Kurt Osterberg
Finance 0
Top 5 Things Happening In The Market Today – Tuesday, July 18

Top 5 Things to Know Before You Start Trading This Tuesday the market has mixed currency movements amidst higher gold prices and upcoming data from the UK. 1 – EUR Off Session Highs The euro ...
On July 18, 2017 / By Kurt Osterberg
Finance 0
How To Profit When The $217 Trillion Global Debt Bubble Bursts

While in London recently at an exchange with British Academy President Lord Nicholas Stern, Federal Reserve Chair Janet Yellen really let the cat out of the bag. She told Stern that banks are now R...
On July 18, 2017 / By Kurt Osterberg
Finance 0
Crude Oil Prices Down As OPEC Struggles To Offset US Supply Gain

Crude oil prices fell amid reports that compliance with the OPEC-led production cut accord fell to 92 percent in June from 110 percent in the prior month. That was compounded by the EIA saying US s...
On July 18, 2017 / By Kurt Osterberg
Finance 0
DXY Elliott Wave View: More Downside

Short term DXY (USD Index) Elliott Wave view suggests the decline from the 6/20 peak (97.87) is unfolding as a Zigzag Elliott Wave structure. Down from 97.87 high, a decline to 95.47 ended Minor wav...
On July 18, 2017 / By Kurt Osterberg