Monday, December 21, 2009 The U.S. Dollar backed off a 3-month high overnight as volume began to dry up ahead of this week’s Christmas holiday. The relatively empty economic calendar along with holiday volume has the...
Read MoreA geopolitical event is helping to give March Crude Oil a boost overnight. It’s been reported that Iranian troops entered an Iraqi oilfield. This news triggered a short-covering rally overnight while...
Read MoreFriday, December 18, 2009 A geopolitical event is helping to give March Crude Oil a boost overnight. It’s been reported that Iranian troops entered an Iraqi oilfield. This news triggered a short-covering rally overnight...
Read MoreU.S. stock markets are expected to open lower based on weaker markets overnight. Traders are taking risky positions off the table in response to another debt rating downgrade of Greece. Traders now fear that the debt...
Read MoreThursday, December 17, 2009 U.S. stock markets are expected to open lower based on weaker markets overnight. Traders are taking risky positions off the table in response to another debt rating downgrade of Greece. Traders now...
Read MoreEquities are holding firm overnight ahead of the Fed’s policy statement. Traders want to see indications that the Fed sees improvements in the economy. At the same time, they don’t want to see higher...
Read MoreWednesday, December 16, 2009 Equities are holding firm overnight ahead of the Fed’s policy statement. Traders want to see indications that the Fed sees improvements in the economy. At the same time, they don’t want...
Read MoreThe stronger Dollar triggered a sharp sell-off in February Gold overnight. Despite the hard break, this market is still holding a key 50% level at $1107.40. A break of this level will fuel a further decline to the...
Read MoreTuesday, December 15, 2009 The stronger Dollar triggered a sharp sell-off in February Gold overnight. Despite the hard break, this market is still holding a key 50% level at $1107.40. A break of this level will fuel a further...
Read MoreThe U.S. Dollar is backing off a two-month high versus a trade-weighted basket of currencies on the news that Dubai received $10 billion in financing from Abu Dhabi to pay part of the debt held by state-owned Dubai World. This...
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