What will the new year bring for the currency majors?
As we begin a new trading year, it’s always interesting to revisit the price action of the last twelve months using the monthly chart, not […]
December 2014
Gold – beauty is in the eye of the beholder
As we come to the end of 2014 and look forward to 2015, for those trading and investing in gold the perspectives and conclusions will […]
USD index continues to build bullish momentum
For the US dollar, 2014 was most definitely a game of two halves, with the first seeing the currency meander in a tight range as […]
Not a happy new year for crude oil
As we come to the end of another trading year, very few traders would have believed oil would be centre stage along with the US […]
It was no surprise to me – still NO selling climax!
I wrote a post last week entitled the Alice in Wonderland World of the markets in which I confidently stated that the present market correction, […]
The Alice in Wonderland world of the markets
If you have ever read any of the enchanting and enduring books by Lewis Carroll, you might be excused for thinking that you had indeed […]
Canadian dollar picks up bearish tone from oil
As oil continues to move ever lower and with increasing momentum, it is the Canadian dollar which is catching the backwash and as the commodity […]
Oil bloodied and battered as the mauling continues
If oil were one of the protagonists in a boxing match, the fight would have been stopped long ago with crude oil battered bruised and […]
The US dollar rules – OK!
Difficult to believe that until recently the US dollar was being written off by all and sundry, with some even suggesting that its days as […]
The battle lines for oil have been drawn
Last week was an interesting one for oil traders, with the rally of Monday promising much, only for this move to be snuffed out during […]
USD/JPY surges through 120.00 with more to come
With the Japanese polls suggesting a landslide victory for Shinzo Abe’s Liberal democrat party, it’s business as usual for the Japanese yen which continues to […]
Currency futures roundup ahead of NFP
As the currency markets pause ahead of the monthly Non Farm Payroll release due later, I thought it would be a good time to revisit […]
Aussie dollar continues to be driven by RBA & USD
It’s been an interesting week for the AUD/USD, as the recent statement from Governor Glenn Stevens coupled with continued bullish momentum for the US dollar, […]
A tale of two commodities
To say the last few days have been a roller coaster ride for commodities would be an understatement, with both oil and gold providing some […]