Sign inRecent Commentaries tagged (us-dollar)
Outlook for financial markets, according to the charts
I often refer to the technical analysis of Adam Hewison (INO.com) to provide insight into the most likely near-term movements of financial markets. He has just produced four short presentations on various markets. As my day is chock-a-block with meetings today, these links are posted without...
OPTION TRADE OF THE DAY-US DOLLAR INDEX-03/08/10
OPTION TRADE OF THE DAY! 3-8-2010 June Dollar Index appears to have reached an exhaustion point in its rally, we are shorting the market using a June 79/77 bear put spread with a naked 84 call. The trade is 10 under 10 over meaning that it’s a debit of $100 for the spread which would be your...
Global reserve currency: Chinese yuan vs US dollar
This post is a guest contribution by Dian Chu, market analyst, trader and author of the Economic Forecasts and Opinions blog. The practice of the central banks of accumulating dollar reserves has become more pronounced after the 1997 Asian financial crisis, when currency speculators hastened a...
Gold - Washout or, Sucker Play?
Just a reminder, these charts are posted as examples of the trades on the nightly COT Signals email. These trades will help illustrate the mechanics that go into creating the nightly email.Gold's sell off has been tied directly to the Dollar's rally. However, the sell off was exacerbated by stop...
Active Versus Passive Trading Strategies: The MONEYSHOW’s Tim Bourquin Interview with John Bougearel
Active Versus Passive Trading Strategies The MONEYSHOW’s Tim Bourquin Interview with John Bougearel Tim Bourquin: Hello everybody and welcome back. Thank you very much for joining me for another show this week as we speak with another trader. We’re going to speak with John Bougearel and he’s...
Did You Miss this Opportunity in the Currency Market?
Will the Rally Last? Source: VantagePoint Intermarket Analysis Software To see more FREE recent market predictions for currencies go here! The market increased by 479 ticks. 479 ticks = $2,395 per contract (About 11 trading days) When the blue line (forecast) crossed above the black line...
Is it Any Different This Time Around (breakout edition)?
By: Elliot TurnerYesterday the S&P 500 closed at new move closing highs and above its month-long upper range, however it has yet to make new move intraday highs. That begs the question as to whether this is a meaningful break to the upside or another false move that will push price back into the...
This Market is Punishing Chasers
By: Scott RedlerAt this point it's all stock selection and timing--that's what you do when you look for momentum moves after a huge run like we have had since March. Money is rotating into new sectors every few weeks. If you "chase" the hot sector after the move you get punished rather...
EUR/USD Outlook
The Euro is not normally a market covered in this website but I was asked about it, so thought I would write a little something. That said, the US Dollar still has a strong impact on markets such as Oil, Gold, Eurodollars and other markets we normally look at, so there is some relevance. THE...
Weekly Currency Review - Week Ending November 13, 2009
Global exchange rate policies had more of an influence during the week with a limited number of major data releases and no interest rate decisions. The dollar remained under pressure during the first half of the week and dipped to 2009 lows against core European currencies. The US currency then...
Some Turning Points Are Just So Logical
Have you ever looked back on a turning point in the market and thought “ah that was logical. If only we thought of that at the time”? In fact you could probably look back on almost all turning points and say the same thing. I agree with the view that markets frequently move from efficiency to...
Currency Market Commentary – 2009.11.03
Below is a sample of our Daily Commentary. To get this comment, and our daily coverage of 15 additional markets and trade ideas, visit futures-research.com for your free 2 week trial! DOLLAR: The Dollar Index has managed a quasi upside breakout on the charts overnight and that move appears to...
Weekly Currency Review - Week Ending October 16, 2009
Dollar weakness remained a key market focus for the week as a whole as underlying confidence in the currency remained weak while positive risk appetite curbed defensive. The dollar dipped to 14-month lows on a trade-weighted basis and also weakened to near 1.50 against the Euro. The headline US...
Daily Currency Analysis
EUR/USD The dollar remained on the defensive during Thursday as a whole with the main feature again the quick emergence of substantial selling on rallies. The New York manufacturing PMI index was sharply stronger than expected with a reading of 34.6 for October from 18.9 the previous month. In...
Max Keiser on oil trade’s dollar dump
Max Keiser, international journalist, provocateur and ex-stockbroker, was interviewed on Tuesday by the Russia Today television network on the oil trade’s so-called “US dollar dump” (courtesy of GATA). He reported that he was hearing from his sources in Paris and the Middle East that there was...
