OVERNIGHT/EARLY MORNING DEVELOPMENTS The feature in overnight trading was sharply higher metals prices, led by gold, amid a weaker U.S. dollar following dollar-bearish wording in the Fed’s FOMC announcement Thursday...
Read MoreCURRENCIES The September U.S. dollar index is slightly higher in early morning electronic dealings. Dollar index bulls are losing some near-term technical momentum. Slow stochastics are bearish today. The dollar index finds...
Read MoreOVERNIGHT/EARLY MORNING DEVELOPMENTS There was no feature in overnight quiet trading. Gold and crude oil are firmer in early electronic dealings. The dollar is slightly higher versus the other major currencies. T-Bonds and...
Read MoreCURRENCIES The September U.S. dollar index is slightly higher in early morning electronic dealings. Dollar index bulls are losing some near-term technical momentum. Slow stochastics still show the DX as short-term overbought and...
Read MoreOVERNIGHT/EARLY MORNING DEVELOPMENTS There was no feature in overnight quiet trading. Gold and crude oil are firmer in early electronic dealings. The dollar is slightly higher versus the other major currencies. T-Bonds and...
Read MoreCURRENCIES The September U.S. dollar index is slightly higher in early morning electronic dealings. Dollar index bulls still have some near-term technical momentum. However, slow stochastics still show the DX as short-term...
Read MoreNOTE: I’ve added key “Pivot Point” levels for the stock indexes and Treasuries. If you’d like an explanation of how these levels are derived, send me an email and I’ll attach a feature on Pivot...
Read MoreCURRENCIES The September U.S. dollar index is modestly lower in early morning electronic dealings, on a corrective pullback following strong gains last week. Dollar index bulls still have near-term technical momentum. However,...
Read MoreOVERNIGHT/EARLY MORNING DEVELOPMENTS There was no real feature overnight or in early morning electronic trading. The dollar is weaker versus the other major currencies. Gold is near steady, crude oil prices are slightly lower,...
Read MoreU.S. TREASURY BONDS AND NOTES Both notes and bond prices were near steady in overnight trading in Chicago. Bears still have the near-term technical momentum on their side. September U.S. T-Bonds: Prices slipped to another fresh...
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