We made the critical transition from a bout of risk aversion to a true shift in sentiment this past week. However, despite the severity of the market correction, the heavy fundamentals and the early trouble in the credit...
Read MoreEUR: Continue Holding Short Position JPY: Fib Range Break Lacks Conviction GBP: Upswing Above 1.56 Figure Hinted CAD: Pullback to Offer Long Entry Point AUD: Look to Sell on Near-Term Bounce NZD: Rebound Sought to Enter...
Read MoreRisk aversion has once against overrun the markets; but the current situation is different than what we were seeing back in July / August. While that tumble covered remarkable ground; it would be more appropriately labeled a...
Read MoreA break back above interim resistance at $1680 eyes topside targets at $1700 backed by $1720 and the 38.2% retracement at...
Read MoreThe Canadian Dollar could see a slight rebound, though it is not expected to last as long-term trends dictate...
Read MoreWith the sovereign debt crisis in focus and a key vote in the German parliament upcoming on Thursday, the Euro and the Euro-zone in its current format could be in jeopardy.
Read MoreThe New Zealand dollar was the worst performer against the greenback this week as poor economic data coupled with a massive risk sell-off slammed the high yielder. The week ahead may prove crucial for the kiwi as it looks to...
Read MoreThe Australian dollar bounced back from a fresh yearly low of 0.9668, but the high-yielding currency may continue to trade heavy in the week ahead as the central bank maintains a cautious outlook for the...
Read MoreThe British Pound pared the sharp decline from earlier this month, with the exchange rate bouncing back from a fresh yearly low of 1.5327, and the sterling may continue to gain ground in the week ahead as the economic docket is...
Read MoreGold and silver took a real hit to the chin yesterday as they have plummeted to their monthly low. On the other hand most of the major commodities and currencies (AUD, CAD) have also suffered sharp falls yesterday. It’s...
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