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Latest News
Weekly Trading Forecast: Systemic Changes Afoot for Risk, EURUSD, USDJPY? Though still early yet, there have been some remarkable change in trend recently. Dollar is in retreat with the S&P 500 starting to slip. The Yen has surged while Gold has hit 15-month highs. Is something bigger stirring in the markets?
Dollar Struggles as Rate Disbelief Lingers, Euro and Yen Gain Ground The Dollar dove to end this past week at its lowest level in 11 months. The extension of the currency’s slide from its 13-year high set back in late January (now down over 4.5 percent) was fueled by a distinct loss of traction in rate forecasts.
Australian Dollar Volatility to Continue on RBA, US Jobs Data The Australian Dollar looks set for another week of breakneck volatility as another round of high-profile event risk comes across the wires.
EUR/USD Showing Strength, But Data Still a Mixed Bag The Euro just capped off a fairly strong week, rising against every major currency not named the Yen; but that had its own story behind it.
Canadian Dollar Retains Upside Risk on Consistent Data Beats A perfect storm has developed for Canadian Dollar bears. In addition to Oil having risen ~70% from the February 11 low and the US Dollar falling to levels not seen since June, the Canadian economy continues to outperform rivals in terms of economic new releases relative to economists’ expectations.