Sign inRecent Commentaries tagged (currencies)
U.S. Stock Indices Trade Flat Overnight
U.S. stock indices are trading flat overnight. Traders have largely ignored the weakness in the Euro over Greece concerns. This may mean that today’s menu of U.S. economic reports will have a bigger influence on stock prices. The first report is Weekly Initial Claims. Traders will want to see...
Jim Wyckoff's Morning Blog--Thursday
Thursday, March 18--Jim Wyckoff's Morning Web Log OVERNIGHT/EARLY MORNING DEVELOPMENTS The market features in overnight/early morning trading today are a firmer U.S. dollar index and weaker crude oil prices. JIM'S MARKET THOUGHT OF THE DAY * U.S. Treasuries (T-Bonds and T-Notes) bulls this week...
Hedging against currency crisis with electronic gold
Back in January this year, we talked about protecting yourself against currency crisis in Protecting yourself against currency crisis. The basic idea of that article is that the time to prepare for...
The yuan currency play
This post is a guest contribution by Rebecca Wilder, author of the of the News N Economics blog. Don’t let anybody tell you they know what the Chinese government will do with the yuan because they don’t. If you are interested in the pros and cons of yuan revaluation, some time ago Michael Pettis...
The Trend Trader For Futures Trading on Thursday, March 18, 2010
The Trend Trader helps to identify the current trend status of your favorite futures markets. It not only helps us to stay on the right side of market direction, but also helps us avoid those without a trend. You can even use the grid as a spread matrix too - buying strength and selling...
The Trend Trader For Forex Trading on Thursday, March 18, 2010
The Trend Trader helps to identify the current trend status of your favorite forex markets. It not only helps us to stay on the right side of market direction, but also helps us avoid those without a trend. You can even use the grid as a spread matrix too - buying strength and selling weakness....
AUDUSD sellers opportunity -
Aussie is almost at the +1.270 extension which is exactly the top of the Day chart trendline. Look for sellers and profit takers at this level. - could extend as high as 0.9265 though.
Fed Decision Opens Door to Weaker Dollar
On Tuesday, the Federal Reserve left its benchmark interest rate unchanged and reiterated that interest rates would remain low for "an extended period." In its statement, it also mentioned that inflation remains subdued, and that the weak employment situation seems to have stabilized. While...
Jim Wyckoff's Morning Blog--Wednesday
Wednesday, March 17--Jim Wyckoff's Morning Web Log OVERNIGHT/EARLY MORNING DEVELOPMENTS The market features in overnight/early morning trading today are a weaker U.S. dollar index and higher crude oil prices. JIM'S MARKET THOUGHT OF THE DAY * The crude oil market bulls are regaining some fresh
The Trend Trader For Futures Trading on Wednesday, March 17, 2010
The Trend Trader helps to identify the current trend status of your favorite futures markets. It not only helps us to stay on the right side of market direction, but also helps us avoid those without a trend. You can even use the grid as a spread matrix too - buying strength and selling...
The Trend Trader For Forex Trading on Wednesday, March 17, 2010
The Trend Trader helps to identify the current trend status of your favorite forex markets. It not only helps us to stay on the right side of market direction, but also helps us avoid those without a trend. You can even use the grid as a spread matrix too - buying strength and selling weakness....
U.S. Dollar Trades Lower Ahead of FOMC policy Meeting Boosting April Gold Prices Overnight
The U.S. Dollar is trading lower ahead of this afternoon’s FOMC policy meeting. This weakness is helping to boost April Gold prices overnight. The recent break in gold stopped short of the late February bottom at $1088.50 to maintain the uptrend. Buyers came in on Monday to support prices after...
Euro Finishes Weaker; Uncertainty over Bailout Pressures Market
The Euro finished lower on reports that a few Euro Region finance ministers are rejecting the idea of a bailout for Greece. Over the weekend, ahead of the start of today’s two-day meeting in Brussels, German Finance Minister Schaeuble and French Finance Minister Lagarde downplayed the...
Jim Wyckoff's Morning Blog--Tuesday
Tuesday, March 16--Jim Wyckoff's Morning Web Log OVERNIGHT/EARLY MORNING DEVELOPMENTS The market features in overnight/early morning trading today are a lower U.S. dollar index and higher gold prices. JIM'S MARKET THOUGHT OF THE DAY * The gold market bulls are regaining some fresh upside...
