Kurt Osterberg

Browsing All Posts By Kurt Osterberg

Finance 0
EUR/USD: Still On Downwards Course Towards 1.1312

Previous: Yesterday, the single currency closed down against the US dollar for the third session in a row. After falling to 1.1336, trading on the pair levelled out and was trading at around 1.1347 un...
On July 5, 2017 / By Kurt Osterberg
Finance 0
USD/JPY Rocks On And Rolls On North Korea News

The Japanese yen is a safe haven currency, and its status is reflected in the most recent troubles, originating from North Korea, Japan’s neighbor. The yen is in demand with every deterioration but ...
On July 5, 2017 / By Kurt Osterberg
Finance 0
Brent Crude Flirts With $50 Pricing

Brent crude traded near the critical $50 resistance level on Wednesday morning on signs that the United States may finally be reducing its crude oil production. At 9:45 a.m. HK/SIN Brent crude was tra...
On July 5, 2017 / By Kurt Osterberg
Finance 0
E Can The BoE Raise Interest Rates In The UK?

Following the footsteps of Mario Draghi, the central bank chief, the Bank of England governor, Mark Carney delivered a hawkish statement to the markets last week. In under a week, the central bank ...
On July 5, 2017 / By Kurt Osterberg
Finance 0
Gold Trading In A Narrow Range

Gold edged higher on Tuesday as investors awaited Federal Reserve minutes of its June meeting. Also an intercontinental ballistic missile test by North Korea triggered some safe-haven buying that help...
On July 5, 2017 / By Kurt Osterberg
Finance 0
CAD: Premature For BoC To Tighten In July; Fade ‘Market Excitement’ Into The Meeting – Barclays

The Canadian dollar enjoyed the hawkish tone coming out of the BOC, as well as the recent rise in oil prices. What’s next? Here is their view, courtesy of eFXnews: Barclays Capital Research argues t...
On July 5, 2017 / By Kurt Osterberg
Finance 0
Italy Openly Discusses Euro Exit In Parliament: Debt Restructuring Or “Italeave” On The Way?

In Europe, where it is essentially taboo to publicly discuss anything deemed politically incorrect, some interesting conversations are taking place in the Italian parliament regarding the future of It...
On July 5, 2017 / By Kurt Osterberg
Finance 0
Sensex Opens Flat; Oil & Gas Stocks Lead

Asian stock markets are mixed today. The Shanghai Composite is up 0.28%, while the Hang Seng is up 0.24%. The Nikkei 225 is trading is lower by 0.52%. European stocks fell marginally on Tuesday a...
On July 5, 2017 / By Kurt Osterberg
Finance 0
Market Talk – Tuesday, July 4

Whenever there is a national holiday and especially July 4th, volumes are light which can result in larger moves and higher volatility. Given that North Korea tested another missile earlier today the ...
On July 4, 2017 / By Kurt Osterberg
Finance 0
Wyckoff Bitcoin Target $5,000 – Update

Supply has dried up, if that is it, then demand has the freedom to push prices up! Two things can slow the advance: Supply overcoming demand, or no interest from demand (or as Tom Williams used to say...
On July 4, 2017 / By Kurt Osterberg