Market Reflections
Reactions to the Japanese earthquake last week have been fairly predictable so far in the financial markets – equities have sold off sharply with shares in […]
Forex Market Analysis
Oil and the Canadian Dollar
As a confirmed crude oil bull, who has been bullish on the commodity since early 2010, the recent breakout about $100 per barrel, following the […]
NFP, the dollar index, and “strong vigilance” – what a carry on!
The dollar index has continued to move lower once again today with equity markets climbing as risk appetite returned ahead of tomorrow’s key NFP data […]
Bearish sentiment continues for USD index
The bearish picture for the US dollar index has continued this week once again, with Tuesday’s failed attempt to rally adding further downwards pressure to […]
Another gloomy week for the US dollar
The bearish technical picture for the USD index continued once again last week, and much as I expected, ending on Friday with a wide spread […]
USD index remains weak
The hammer candle of two weeks ago on the dollar index chart, duly delivered the expected bounce for the dollar, which closed Friday’s trading session […]
US dollar forecast for this week
An interesting week for the US dollar, which finally managed to find some traction on Thursday and Friday, bringing a temporary halt to the long […]
Eurodollar Analysis
A seminal day for the euro vs dollar yesterday which finally managed to breach the 61.8 fib retrace level of the Nov 4 2010 high […]
Euro vs Dollar Still At Critical Tech Level
Turbulence in Egypt is causing a variety of reactions across all markets which taken with the technical picture of the charts is likely to wrong […]
Pound Dollar Bounces Back
Sterling’s recent rally against the dollar certainly petered out with a bang yesterday, following release of dreadful UK gdp figures which came in at -0.5% […]
Tech Levels for the Majors
In anticipation of the tsunami of fundamental news which starts overnight in Japan here is a quick technical round up for the majors: USDJPY The […]
A Pivotal Week Ahead
A busy week ahead with the big beasts of the market jungle coming out and a slew of level one fundamental releases also due for […]
Sterling Rally Petering Out
An interesting article in the FT suggesting that the forex market’s current love affair with sterling may be overdone prompted me to look at bit […]
Market Sentiment & Round Up
Market mood, at least in equities and commodities, has turned a little sour this morning following release of key Chinese data overnight. The releases included […]
Today’s Market Mood & Sentiment
Blue skies and sunshine in London this morning reflected the mood in global markets which saw overnight gains for all Asian indices: the Nikkei, Australia, […]