Author: James Hyerczyk

The September Euro futures contract went on a wild ride on Thursday, first buoyed by speculation that the European Central Bank would begin some form of quantitative easing and then crushed when ECB President Mario Draghi failed...

The U.S. Dollar is trading steady-to-higher overnight in light volume as Forex traders appear to be heading to the sidelines ahead of the start of a two-day U.S. Federal Reserve policy meeting ending on August 1. Later in the...

Despite last week’s closing price reversal bottom, the EUR USD is still in a downtrend, and if there is no follow-through to the upside then the downtrend will remain intact. With the first step in the bottoming process...

The September Euro is trading lower overnight as traders expressed skepticism about European Central Bank policy actions. Last week the Euro rebounded to finish higher for the week on the heels of positive comments from ECB...

The September Euro is expected to close higher for the week after posting a notable mid-week turnaround. On July 24 the Euro reached its low for the week at 1.2051, but it was the trading action the next two days that put the...

The September Euro is trading higher against the U.S. Dollar overnight after European Central Bank council member Ewald Nowotny said some members favor granting the Euro Zone’s rescue fund a banking license. The...

As we end July, the U.S. Dollar Cash Index is showing a sustained move to the upside after breaking through a key Fibonacci retracement level and downtrending Gann angle. The strong upside momentum into the end of the month...

After a strong run last week, September Unleaded Gasoline is trading sharply lower in overnight trading, perhaps setting the tone for further downside action when the regular session begins in a few hours. Traders are setting...