Author: Tina Reyes

September Japanese Yen traders are looking for a lower opening this morning based on overnight selling pressure. This comes on the heels of a friendly Bank of Japan quarterly Tankan survey of business sentiment.Although the key...

The September British Pound surged to the upside overnight despite news that the U.K. economy shrank more than previously forecast. The U.K. Gross Domestic Product report showed that during the first quarter the economy suffered...

U.S. financial and equity markets are trading steady to better overnight. Volume has been light but the ranges have been wide.This week will see the end of the first half of 2009 as well as an early release of the June...

Overnight China renewed talk of a super world currency to replace the Dollar as the world’s reserve currency. They also called for the IMF to manage the funds. Last night’s announcement fueled selling in the U.S....

The Fed ended much of the uncertainty in the financial markets yesterday when it announced that its key lending rate would stay between 0 – .25%, and there would be no additional expansion of its balance sheet through the...

Today the Fed concludes its two-day FOMC meeting. The consensus is for the Fed to leave interest rates unchanged at 0 to .25%. The key to this report will be the Fed’s statement. This is what traders are debating. One...

Light volume and erratic movement is expected to dominate the market today, one day ahead of the FOMC meeting. Investors are not likely to put on big positions, and traders are likely to move the market in both directions to...

The fear of higher interest rates is triggering adjustments in the markets overnight. This week the Treasury will auction a record $104 billion in notes. This huge amount of supply hitting the market is expected to help push...

Today is triple-witching day in the equity markets. Stocks are trading better overnight after absorbing the sell-off from earlier in the week. Equities are trading better than 50% of the week’s range which is just another...

The lackluster trade in the markets continued overnight with no real movement in commodities and equities. This is most likely because of the lack of fresh news and the fact that most commodity and equity markets have reached...