Though lower now, the Japanese Yen had been able to retain recent gains, having been propped up by FX trader’s risk adverse sentiment after another decline in the price of crude oil. A fall in the g...
The Federal Reserve continued to press ahead yesterday with its public relations effort of talking up the possibility of a rate hike, perhaps as early as next month. The latest addition to the hawkish...
Although the cable has currently a bearish setup, from a longer-term view, there are some elements that suggest that there could be a possible bounce and a change in trend from bear to bull. Elements ...
The US dollar lost momentum yesterday but has regained it today. The euro has been pushed through last week’s lows near $1.1180. The next immediate target is $1.1145, which corresponds to...
In an interview with FXStreet I discussed the meaning of the Fed minutes, the impact on stock markets, what currencies to buy on a Brexit and the mysterious weakening of the Swiss franc. Here goes...
A quick note from Eric Peters, CIO of One River Asset Management, which explains in very simply terms how as oil tumbled and its volatility soared, virtually everyone who manages large amounts of mone...
Despite a very thin calendar, the market was relatively volatile yesterday, and in favor of the USD. Catalyst for the strength in the Dollar was the evident support from FOMC members in favor for a...
After briefly crossing the $1300 per troy ounce thresholder earlier in the month, gold prices are once again on the retreat on the back of rising speculation of further policy tightening from the US F...
AUDUSD is at new lows. So far we have seen a nice leg down, but there is room for more weakness as wave 5 needs to be made by five sub-waves. As such, we remain short-term bearish now for 0.7130, whil...
Reserve Bank Governor Glenn Stevens defended the central bank’s inflation targeting, voicing intentions of remaining vigilant against the risks of continued low interest rates. In what may be his la...