There is little for markets to cheer at present. Over the past week already subdued equity markets posted further losses; the US S&P off 0.4% and ten-year Treasuries reaching 2.91% rates not seen this year. The twin concerns of Greece and the persistence of the ?soft patch’, will continue Read More Markets Braced for the [...]
Posted in FX News | Tagged as, braced, end, for, looms, markets, quarter, the, worst |
We continue to have volatility with EUR pairs as trading continues to be dominated by headlines. We had one positive development on the sovereign debt front in that EU leaders pledged to help Greece if they are able to push through further austerity measures. Read More EUR Remains Under Pressure Despite EU Pledge as Traders [...]
Posted in FX News | Tagged as, austerity, despite, eu, eur, focus, greek, next, on, pledge, pressure, remains, traders, under, vote, week |
Markets received fresh signals this past week that global growth is moderating further, suggesting potential for further declines in risk assets (stocks and commodities) in the weeks ahead. Stocks in the US did not lose much ground, but attempts to rebound were rejected, highlighting our view that sellers remain dominant. Read More Fresh Sgns of [...]
Posted in FX News | Tagged down, fresh, global, keep, of, risk, sgns, slowing |
If we were to gauge the euro’s current strength through a lens focused months into the future; the currency would very likely tumble as the possibility for a clean resolution to Greece’s troubles and avoidance of further trouble for the rest of the Euro Zone is highly unlikely. However, the market is neither rational nor [...]
Posted in FX News | Tagged be, by, euro, fixes, greece, pacified, possible, shortterm, traders, will |
US Dollar Appeal and Forecast Improve as QE2 Comes to an End Will Euro Traders be Pacified by Possible Short-Term Greece Fixes? Japanese Yen Likely to be Buffeted by Slew of Economic Data Next Week British Pound To Threaten Rebound From January As Growth Falters Canadian Dollar At Risk on Price Data, Global Shift to [...]
Posted in FX News | Tagged 062711, Forecast, trading, weekly |
Read More Bigger Trades Coming Our Way EURUSD, SdanP 500, Gold and Others
Posted in FX News | Tagged 500, and, bigger, coming, eurusd, gold, others, our, sp, trades, way |
Investor sentiment is teetering on the edge of a very large correction in trend. That does not mean that the market’s will surely reverse course in the very immediate future; but it does leverage the probability of a coordinated, market-wide effort to shift capital from risk to safety. Where does the dollar (ticker = USDollar) [...]
Posted in FX News | Tagged a, as, dollar, expiring, marketwide, of, on, qe2, rally, set, the, to, verge |
The FX market’s most liquid pair (EURUSD) and carry trade itself are on the verge of significant, bearish reversals. However, that is not the full extent of the tension. If we broaden our scope to include equities, commodities, Treasury and money markets; we see the same general patterns. Read More QE2 Expiring, Greece Crisis Deeping [...]
Posted in FX News | Tagged 150perfect, crisis, deeping, dollar, expiring, for, greece, qe2, risk, storm |