The G7 financial leaders will be meeting in Japan’s Sendai this weekend to discuss currency volatility and methods required in revitalizing leading economies. Differences in approaches are expected ...
EUR/USD 4 hour The EUR/USD broke below the horizontal support (dotted blue) as the bearish channel maintains its momentum to the 100% Fibonacci level. Wave C corrections are typically equal to the ...
Finally, the battered banking stocks found reasons to turn around. As soon as the April Fed minutes hinted at a June rate hike possibility, banking along with many other financial stocks rallied on Ma...
Policy-Induced Contrition in Japan As we keep saying, there really is no point in trying to make people richer by making them poorer – which is what Shinzo Abe and Haruhiko Kuroda have been trying t...
GBP/USD is trading to the upside this week from 1.4330 so it appears that corrective wave two is still underway. An updated count shows idea of a flat in progress after recent small break beneath red ...
Love it or hate it, cash is playing an increasingly less important role in society. In some ways this is great news for consumers. The rise of mobile and electronic payments means faster, convenient...
EUR/USD The EUR/USD pair fell initially during the day on Thursday, but found enough support just below the 1.12 level to turn things around for a bit of a hammer. With this, the market should continu...
While the Aquino reforms ignited great progress in the Philippines, the new president will favor inclusive growth and greater pragmatism in foreign policies that will shape Southeast Asia’s future. ...
The next OPEC meeting on the 2nd of June will act as little more than a forum for continued altercations between Saudi Arabia and Iran. The 2 June 2016 OPEC meeting will be held amid a backdrop ...
The dollar index is poised for the third week of strong gains after falling to lows of 91.88. The next big event risk comes from next week’s revised GDP estimates. The US dollar is poised to close t...