Fear that the global economies are about to contract further has sent the central bankers scrambling for a solution. To no one’s surprise, the central banks are going to figure out a way to loosen the money...
After being away from the daily skirmishes in the currency wars for over a week, there is always apprehension about your return. Might there possibly be a new set of drivers in these markets, drivers that will...
COT Report Overview w/e 25th May 2012. The USD remains popular with the speculators as they push their longs up to 310,502K contracts.
When is the last time the markets have heard anything bullish about the euro?
It was an active week for euro traders. The total size of the speculator short in the euro versus the USD increased to 219,642 contracts, up from 183,685 in the previous week.
Is there anyone who does not know the Europeans have a severe debt crisis which has the potential to engulf the world in one more financial melt down?
For weeks the forex markets have been focused on the plight of the euro and the economies in the Eurozone. The bears were perplexed, as the euro versus the USD, continued to find support around the 1.30...
The aftermath from last week’s elections continue to weigh on the markets, and in currency markets, the threat of political change is the most important driver.
At long last the EURUSD took out the support at the 1.30 area, and worked down to a low of 1.2905. Last Friday, the pair was trading at 1.2933 with hours until forex markets close for the...
After a steady stream of bearish news early in the week, it seems the pressure on the markets is relieved. At the US opening, equities have moved smartly ahead.
