Markets delivered a strong end-of-week close which for many meant a close near spike highs. The strongest finish of the week was delivered by the Nasdaq 100 – it posted a new high as it builds a challenge on the
February 25, 2018
This week we’ll begin with our monthly and weekly forecasts of the currency pairs worth watching. The first part of our forecast is based upon our research of the past 16 years of Forex prices, which show that the following methodologies have
This week the “Chart of the Week” is a rather peculiar indicator on inflation. The global inflation outlook has been gaining considerable interest as the global synchronized economic upturn gathers pace and central banks start to think about normalizing policy.
In recent weeks, the euro has been at its highest level, relative to the US dollar, that we’ve seen in the last three years. This is a movement that surprises when the European Central Bank is carrying out the most aggressive monetary expansion in the world
In the early part of last week’s shortened trading action (the market was closed on Monday) it looked as if stocks might roll over again. Then Friday happened, rekindling the rebound effort at the last possible moment. Will the reversal
Talking Points: There’s a lot of economic data due this week But very little of it is Australian The world’s two largest economies will be slugging it out The Australian Dollar may not move much on its own account in a coming
Overall, the analysis moderately increases our confidence that today’s economy should be able to weather fairly large rate increases, without spiraling into a recession. I’m sure Goldman didn’t mean for that to be funny, but it damn sure is. It’s
GBP/USD stays above a bullish trend line on the daily chart and remains in the uptrend from 1.3027. As long as the price is above the trend line, the price action from 1.4345 could be treated as consolidation for the
Last week, the U.S. dollar rebounded on higher bond yields and strong optimism following the hawkish FOMC minutes of Wednesday. According to the Fed, the labor market remained strong and economic activity continued to rise at a solid rate, both
In my previous piece last week, I saw the best possible trades for the coming week as long of the S%P 500 Index, short of the USD/JPY currency pair, and half-size short of the Forex currency pairs GBP/USD and EUR/USD
