Currencies

  • Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP Euro (EUR) The EUR/USD maintaining its Bearish bias and hit 1.0929 early Tuesday testing 1.0900 – 1.0850. 1st resistance is seen at 1.0985. A clear break above that mark could push price to Neutral near term testing 1.1050, Overall, prefer the Bearish scenario in here, and any Northside ...
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  • US Dollar Up, US Treasuries Down

    US Dollar Up, US Treasuries Down

    US Dollar Up, US Treasuries Down US Dollar + 3% on the week .DXY rose a full percentage point after the Core Consumer Price Index for April rose 0.3%, the consensus called for +0.2%. The Headline CPI grew 0.1%, in line with the  consensus, but lower than the +0.2% in March Higher prices could mean sooner ...
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  • Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP Euro (EUR) EUR closed higher Thursday but is still below the 20-Day MA crossing. The mid-range close set the stage for a steady to lower open Friday. Stochastics and the RSI are becoming oversold but are Neutral to Bearish indicating that sideways to lower prices are possible near ...
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  • Bitcoin And Legal Marijuana

    Bitcoin And Legal Marijuana

    Bitcoin And Legal Marijuana Few banks are serving Bitcoin and the legal Marijuana businesses because of the uncertain regulatory status, and those that do are charging hefty fees, according to an American Banker story. "Banks are looking at all the risk factors and saying, ‘I have more on the line to bank this industry and ...
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  • Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP Euro (EUR) EUR closed lower Wednesday. The mid-range close set the stage for a steady to lower open Thursday. Stochastics and the RSI are Neutral to Bullish indicating that sideways to higher prices are possible near term. Wednesday's close above the 20-Day MA crossing confirms that a short ...
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  • US Treasuries Up, US Dollar Up

    US Treasuries Up, US Dollar Up

    US Treasuries Up, US Dollar Up US Treasury Complex US Treasuries finished up, the government securities rallied Wednesday, with 2's and 5's making new highs on the day after the release of the Dovish April FOMC minutes Yield 2-yr: -3 bpts to 0.59% 5-yr: -5 bpts to 1.55% 10-yr: -4 bpts to 2.25% 30-yr: -2 bpts ...
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  • Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP Euro (EUR) EUR closed lower Tuesday. The low range close set the stage for a steady to lower open Wednesday. Stochastics and the RSI are turning Neutral to Bearish signalling that a short term top is close. Closes below the 20-Day MA crossing are needed to confirm that ...
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  • US Dollar Up, US Treasuries Down

    US Dollar Up, US Treasuries Down

    US Dollar Up, US Treasuries Down US Dollar (.DXY) Index gains for 2nd day running The Buck is rallying Vs peers day, with the .DXY up 1.11% to 95.27. The 1st wave of gains came after the ECB announced that it would front-load its asset purchase program to take advantage of better market liquidity in May ...
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  • Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP Euro (EUR) EUR closed lower Monday. The low range close set the stage for a steady to lower open Tuesday. Stochastics and the RSI are turning Neutral to Bearish indicating that sideways to lower prices are possible near term. If the single currency extends the rally off of ...
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  • US Dollar Up, US Treasuries Down

    US Dollar Up, US Treasuries Down

    US Dollar Up, US Treasuries Down US Treasuries gave back Friday's gains Monday Most of Friday's relief rally in the US Treasury complex evaporated Monday. The yield curve steepened, as it has been doing in most of the April/May sell-off, perhaps reflecting stronger economic growth or a Fed that is behind the curve in the ...
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  • Focus: Bond Yields And USD Fall, Rate Hike Not Seen Till Year's End If Then

    Focus: Bond Yields And USD Fall, Rate Hike Not Seen Till Year’s End If Then

    Focus: Bond Yields And USD Fall, Rate Hike Not Seen Till Year's End If Then $.DXY, $GLD, $SLV, $PPLT, $USO, $UGA, $UNG, Soft US data dampens rate hike expectations; bond yields and USD fall in response. The yield on 10-yr US Treasuries fell 8.9 bpts at 2.14% at close Friday. The US Dollar (.DXY) Index ...
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  • Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP Euro (EUR) EUR closed higher Friday. The high range close set the stage for a steady to higher open Monday. Stochastics and the RSI are overbought but still Neutral to Bullish indicating that sideways to higher prices are possible near term. If EUR extends the rally off of ...
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  • Dollar Bulls Taking Profits In Here

    Dollar Bulls Taking Profits In Here

    Dollar Bulls Taking Profits In Here The Buck moved South toward a 4 month low last week after flat retail sales became the latest data to undermine notion of US Fed interest-rate increases any time soon. The USD rose for 9 straight months through March on speculation the 1st fed funds rate hike was looming. The ...
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  • US Treasuries Up, US Dollar Down

    US Treasuries Up, US Dollar Down

    US Treasuries Up, US Dollar Down US Treasury Complex The Treasury complex; all maturities except the 30-yr ending positively on the week. The yield curve flattened sharply with 2's/10's coming in 9 bpts to 160 bpts and 5's/30's narrowing 7 bpts to 146 bpts Yield 2-yr: -1 bpt to 0.54% 5-yr: -5 bpts to 1.46% ...
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  • Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP Euro (EUR) EUR closed higher Thursday and just above the 25% Fibo retracement mark of the 2014-2015 decliner. The high range close set the stage for a steady to higher open Friday. Stochastics and the RSI are diverging and turning Neutral to Bullish indicating that sideways to higher ...
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  • US Expert Suggests RMB Yuan Be Included In IMF's Special Drawing Rights Basket

    US Expert Suggests RMB Yuan Be Included In IMF’s Special Drawing Rights Basket

    US Expert Suggests RMB Yuan Be Included In IMF's Special Drawing Rights Basket An eminent US expert has called on the International Monetary Fund (IMF) to include China's RMB Yuan, into the basket of the Special Drawing Rights (SDR) to reflect the importance of the Chinese economy and its currency. The Washington-based lender has launched ...
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  • US Treasuries Higher, US Dollar Lower

    US Treasuries Higher, US Dollar Lower

    US Treasuries Higher, US Dollar Lower US Dollar (.DXY) Index .DXY fell 0.12% to 93.51 in a quiet session EUR/USD: +0.35% to 1.13884 USD/JPY: -0.01% to 119.22 USD/CHF: -0.47% to 0.9131 GBP/USD: +0.17% to 1.5764 NZD/USD: -0.60% to 0.7491 AUD/USD: -0.61% to 0.8070 USD/CAD: +0.26% to 1.1988   Trade in Global Markets with the World’s Leading Platform Open an ...
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  • Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP Euro (EUR) EUR closed higher Wednesday and just above the 25% Fibo retracement level of the 2014- 2015 decline. The high range close set the stage for a steady to higher open Thursday. Stochastics and the RSI are diverging, and  turning Neutral to Bullish indicating that sideways to ...
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  • US Dollar Falls, US Treasury Yields Steepen

    US Dollar Falls, US Treasury Yields Steepen

    US Dollar Falls, US Treasury Yields Steepen US Dollar (.DXY) Index fell in just 1 month from 100 to its current mark at 93.62, down 0.97% on the day, losing against all peers. EUR/USD: +1.27% to 1.1360 Eurozone GDP grew 1.0% Y-Y in Q-1 of Y 2015, slower than expectations but better than the 0.9% performance ...
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  • Germany Slows Down, France Speeds Up In Q1

    Germany Slows Down, France Speeds Up In Q1

    Economic growth in Germany, Europe's powerhouse, slowed in the first three months of the current year, while the region's number two economy, France, experienced its strongest growth in nearly two years, data showed on Wednesday.  The German economy, Europe's biggest, grew by 0.3 percent in the first quarter of 2015, slightly slower than expected, data ...
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  • HEFFX Daily FX Alerts $Oil, $GC_F, $EURUSD, $GBPUSD, $USDCAD, $USDJPY, $AUDUSD, $USDCHF

    HEFFX Daily FX Alerts $Oil, $GC_F, $EURUSD, $GBPUSD, $USDCAD, $USDJPY, $AUDUSD, $USDCHF

    Crude Oil (WTI) (M5) Intraday: further advance. Pivot: 60.35Our preference: Long positions above 60.35 with targets @ 62.1 & 62.6 in extension.Alternative scenario: Below 60.35 look for further downside with 59.45 & 58.15 as targets.Comment: The RSI lacks downward momentum. Opinion published is an intraday view. Green Lines Represent Resistances | Red Lines Represent Support ...
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  • Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP Euro (EUR) EUR closed higher Tuesday. The high range close set the stage for a steady to higher open Wednesday. Stochastics and the RSI are diverging and turning Neutral to Bearish indicating that a short term top is in or close. Closes below the 20-Day MA crossing at ...
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  • NASDAQ Testing Bitcoin Technology For Stock Transfers

    NASDAQ Testing Bitcoin Technology For Stock Transfers

    NASDAQ Testing Bitcoin Technology For Stock Transfers $NADQ Nasdaq OMX Group Inc. (NASDAQ:NADQ) is testing the technology at the core of the digital currency Bitcoin to transform the trading/transfer of shares in private companies. The experiment is part of a growing effort by the financial-industry to exploring the uses Bitcoin-related technology. If the experiment is ...
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  • US Treasuries Up, US Dollar Down

    US Treasuries Up, US Dollar Down

    US Treasuries Up, US Dollar Down The Buck (.DXY) lost against all of the majors Tuesday, as the Bull trend continues to fade. EUR/USD: +0.67% to 1.1221 European sovereign yields continued higher early, eroding one of the factors that has decimated this pair over the past several months. US yields followed higher. USD/JPY: -0.15% to ...
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  • Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP Euro (EUR) EUR closed lower Monday and below the 10-Day MA crossing indicating that a short term top is in or close. The low range close set the stage for a steady to lower open Tuesday. Stochastics and the RSI are overbought, diverging and turning Neutral to Bearish. ...
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  • US Dollar Rallies, US Treasuries Fall

    US Dollar Rallies, US Treasuries Fall

    US Dollar Rallies, US Treasuries Fall US Dollar (.DXY) Index rallied Monday against all of the majors but the GBP, rising 0.18% to 94.96 GBP/USD rallied 0.92% to $1.5584 The Bank of England maintained its policy rate at 0.50%, where it has been since Y 2009 The QE (quantitative easing) program was maintained at its current ...
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  • HEFFX Daily FX Alerts $Oil, $GC_F, $EURUSD, $GBPUSD, $USDCAD, $USDJPY, $AUDUSD, $USDCHF

    HEFFX Daily FX Alerts $Oil, $GC_F, $EURUSD, $GBPUSD, $USDCAD, $USDJPY, $AUDUSD, $USDCHF

    Crude Oil (WTI) (M5) Intraday: under pressure. Pivot: 59.7Our preference: Short positions below 59.7 with targets @ 58.15 & 57.3 in extension.Alternative scenario: Above 59.7 look for further upside with 60.5 & 61.3 as targets.Comment: The RSI is mixed to bearish. Opinion published is an intraday view. Green Lines Represent Resistances | Red Lines Represent ...
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  • Forex Technical Analysis: EUR, JPY, GBP, CHF

    Forex Technical Analysis: EUR, JPY, GBP, CHF

    Forex Technical Analysis: EUR, JPY, GBP, CHF Euro (EUR) EUR closed lower Friday. The low range close set the stage for a steady to higher open Monday. Stochastics and the RSI are oversold but are still Neutral to Bearish indicating that additional weakness is possible near term. If the single currency extends the decline off ...
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  • US Dollar Index Up, US Treasuries Rallied

    US Dollar Index Up, US Treasuries Rallied

    US Dollar Index Up, US Treasuries Rallied US Dollar (.DXY) Index finished up Friday. .DXY is up 0.15% to 94.78, gaining against the Euro and Suisse and losing against the GBP, and commodity currencies EUR/USD: -0.09% to 1.1233 German Industrial Production unexpectedly fell 0.5% M-M in March Vs a 0.2% increase in February USD/JPY: -0.04% ...
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  • Forex Technical Analysis: EUR, JPY, GBP

    Forex Technical Analysis: EUR, JPY, GBP

    Forex Technical Analysis: EUR, JPY, GBP EUR/USD Current mark - 1.1372 The bias is Bullish after the recent failure above 1.1050 support zone, for a rise towards 1.1500 major resistance. Initial intra-day support at 1.1290. Resistance Support intra-day intra-week intra-day intra-week 1.1380 1.1500 1.1500 1.1880 1.1290 1.1200 1.1050 1.0650 USD/JPY Current mark- 119.36 The outlook ...
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  • US Treasuries Up, US Dollar Rallies

    US Treasuries Up, US Dollar Rallies

    US Treasuries Up, US Dollar Rallies .DXY gained against every other major currency Thursday along Treasuries and supported by stronger data in the United States Initial and Continuing Jobless Claims beat expectations (Initial Claims were 265-K Vs the consensus of 280-K. Continuing Claims were 2228-K Vs the consensus of 2295-K) US Dollar (.DXY) Index: + ...
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  • Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP Euro (EUR) EUR closed higher Wednesday and above the 25% Fibo retracement mark of the 2014-2015 decline crossing. The high range close set the stage for a steady to higher open Wednesday. Stochastics and the RSI are overbought but still Neutral to Bullish indicating that sideways to higher ...
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  • US Dollar Down, US Treasuries Down

    US Dollar Down, US Treasuries Down

    US Dollar Down, US Treasuries Down US Treasuries fall for 7th session running, US Treasuries declined at every maturity Wednesday despite weaker-than-expected economic data and instability in stock markets that might have prompted bond buying under other circumstances Yield 2-yr: +1 bpt to 0.64% 5-yr: +2 bpts to 1.57% 10-yr: +4 bpts to 2.23% 30-yr: +4 bpts ...
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  • Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP Euro (EUR) The EUR/USD attempted to push lower Tuesday bottomed at 1.1065, and topped at 1.1222. The bias is Bullish near term testing 1.1288. 1st support is seen at 1.1150. A clear break below that mark could push price to Neutral for a test of 1.1100 or lower. ...
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  • US Dollar Down, US Treasuries Down

    US Dollar Down, US Treasuries Down

    US Dollar Down, US Treasuries Down US Treasuries fell again Tuesday for 6 days running for 5, 10, and 30-yrs. The complex sold off after the trade balance data, and the ISM Services number beat expectations. The 5-yr T-Note suffered the worst of Tuesday's selling Yield 2-yr: +1 bpt to 0.62% 5-yr: +3 bpts to ...
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  • Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP Euro (EUR) EUR closed lower Monday. The low range close set the stage for a steady to lower open Tuesday. Stochastics and the RSI are overbought but turning Neutral to Bearish indicating that a short term top is in or close. Closes below the 20-Day MA crossing will ...
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  • US Dollar Up, US Treasuries Mixed

    US Dollar Up, US Treasuries Mixed

    US Dollar (.DXY) Index up on the day, it rallied 0.10% to 95.40. Euro (EUR) accounted for most of the Buck's rally Monday, with EUR/USD declining 0.51% to 1.1144. The Cable (GBP) fell 0.12% to 1.5120. USD/JPY fell 0.05% to Y120.10 AUD/USD fell 0.07% to 0.7845 The Reserve Bank of Australia (RBA) will meet Tuesday, and is widely ...
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  • Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP Euro (EUR) The EUR/USD saw Bullish momentum last week topped and finished lower at 1.1196. The bias is Neutral near term with Bearish bias if price able to make a clear break below 1.1180 and testing 1.1100. Overall, prefer a Bullish scenario in here and a Southside pullback ...
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  • Forex, Monday Morning Overview US Dollar (.DXY) Index

    Forex, Monday Morning Overview US Dollar (.DXY) Index

    Forex, Monday Morning Overview: US Dollar (.DXY) Index US Dollar (.DXY) Index (95.27) bounced back from near term trend support at 94.3 Thursday and may rise towards 95.72-96.5 in the coming sessions. Sharp fall in the GBP (1.5157) after UK PMI came out at 51.9 (prior 54.6) Friday. Cable made a high of 1.5499 last week before ...
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  • US Dollar Up, US Treasuries Lower

    US Dollar Up, US Treasuries Lower

    US Dollar Up, US Treasuries Lower The US Dollar gained against all of peers Friday as the market rebounded a tough week Global news flow was slow as the May Day Holiday has many foreign markets closed .DXY 0.65% to 95.22, despite weaker-than-expected ISM and Construction Spending data The Key production and order readings of ...
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  • Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP Euro (EUR) The EUR/USD continued its Bullishness topping 1.1265. The bias is Bullish near term test 1.1350. There is a CCI bearish divergence as you can see on hourly chart below suggesting a potential Bearish pullback. 1st  support is seen at 1.1180. A clear break below that mark ...
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  • US Dollar Down, US Treasuries Recover Early Losses

    US Dollar Down, US Treasuries Recover Early Losses

    US Dollar Down, US Treasuries Recover Early Losses US Dollar (.DXY) Index down for 7th session running .DXY fell 0.43% to 94.80, extending its losing streak to 7 days running. The breadth of .DXY's losses has declined, as the dollar gained against all majors except for EUR and CHF. EUR/USD rallied 1.00% to 1.1228 as the ...
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  • Goldman Sachs (NYSE:GS) Sees Massive Upside In Bitcoin

    Goldman Sachs (NYSE:GS) Sees Massive Upside In Bitcoin

    Goldman Sachs (NYSE:GS) Sees Massive Upside In Bitcoin Goldman Sachs (NYSE:GS) has entered the realm of Bitcoin, application of the digital commodity is massive. The NY-Ts reported Thursday that Goldman Sachs (NYSE:GS) has formed a partnership with a major Chinese investment firm, IDG Capital Partners, to lead a $60-M investment into Circle Internet Financial, a start-up ...
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  • Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP The EUR/USD continued Bullish momentum Wednesday topping at 1.1186.The bias is Bullish in near term for a test at 1.1280.1st support is seen at 1.1040. A clear break below that mark could push price to Neutral in here, any Southside pullback is normal and should be seen as ...
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  • US Dollar Down, US Treasuries Down

    US Dollar Down, US Treasuries Down

    US Dollar Down, US Treasuries Down The US Dollar (.DXY) Index declined Wednesday against the EUR, Cable and Sussie The Key theme in the financial markets Wednesday was higher yields, both in Europe and the United States. The German Bund yield rose 12 bpts to 0.28%, and this rise made owning EUR much less unattractive ...
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  • Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP The EUR/USD continued its Bullish momentum Tuesday topping at 1.0990. The bias is Bullish near term for a test of Key resistance at 1.1040. 1st support is seen at 1.0925. A clear break below that mark could push the price to Neutral near term but as long as ...
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  • US Dollar Down, US Treasuries Down

    US Dollar Down, US Treasuries Down

    US Dollar Down, US Treasuries Down The US Dollar (.DXY) Index continues to fall, the Buck lost against all peers Tuesday, as falling Consumer Confidence worked with a deteriorating technical picture to unwind some more of the USD Bulls GBP/USD rallied 0.69% despite GDP in the UK missing estimates at +0.3% for Q-1 of Y 2015. ...
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  • Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP The EUR/USD was indecisive Monday but maintained its Bullish correction bias. The bias remains Bullish near term testing 1.0950. 1st support is seen at 1.0850. A clear break below that mark could push the price to Neutral for a test of 1.0800. As long as the price stays ...
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  • US Dollar Down, US Treasuries Mixed

    US Dollar Down, US Treasuries Mixed

    US Dollar Down, US Treasuries Mixed The US Dollar (.DXY) Index fell 0.16% Monday to 96.76 on optimism in the Greece/Brussels Group negotiations, and profit-taking technical chart deterioration in what has been a very long and strong Bull run in the Buck. EUR/USD rallied 0.08% to 1.0883 after Greek Prime Minister Alexis Tsipras shook up ...
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  • This Week's Foreign Exchange Overview: Pound, Euro, USD, Aussie, Rupee

    This Week’s Foreign Exchange Overview: Pound, Euro, USD, Aussie, Rupee

    This Week's Foreign Exchange Overview: Pound, Euro, USD, Aussie, Rupee Pound (1.5182), Euro (1.0861), Aussie (0.7825), Dollar-Rupee (63.56) are all up but need to break near term resistances to bring in more Bullishness for the near term. Pound (1.5182) is sharply up above the Key resistance near 1.51 and 1.5174 mentioned last week. If it ...
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  • US Dollar Falls, US Treasuries Rally

    US Dollar Falls, US Treasuries Rally

    US Dollar Falls, US Treasuries Rally US Dollar (.DXY) Index The Buck fell Friday Vs most peers, as .DXY failed to rally above its 50-Day MA and traded down 0.31% to 96.98 EUR/USD rallied 0.36% to 1.0855 The Eurogroup Summit in Latvia provided no resolution on Greek debt. The April reading of the German Ifo ...
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  • Forex Technical Analysis: EUR, GBP, JPY, CHF

    Forex Technical Analysis: EUR, GBP, JPY, CHF

    Forex Technical Analysis: EUR, GBP, JPY, CHFThe EUR/USD had a Bullish session Thursday: After failing to break below support that 1.0670 it marked  1.0844. The bias is Bullish near term if price can make a clear break above 1.0850 and test 1.0900–1.0950. 1st support is seen at 1.0750. A clear break below that mark could ...
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  • US Dollar Down, US Treasuries Rally

    US Dollar Down, US Treasuries Rally

    US Dollar Down, US Treasuries Rally US Dollar  (.DXY) down on weak new home sales The Buck fell against all peers Thursday as the releases of US economic data did not confirm that the soft patch of growth in March is over. March New Home Sales fell to 481-K Vs the consensus of 520-K and 543-K ...
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  • Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP Euro (EUR)EUR closed higher Wednesday. The mid-range close set the stage for a steady to lower open Thursday. Stochastics and the RSI are Neutral indicating that sideways trading is possible near term. Closes above the 20-Day MA crossing are needed to confirm that a short term low is ...
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  • US Dollar Down, US Treasuries Down

    US Dollar Down, US Treasuries Down

    US Dollar Down, US Treasuries Down The US Dollar (.DXY) Index finished down 0.07% at 97.94 Cable rallied 0.81% against the Buck as the minutes from the Bank of England's policy meeting were released, 2 members unexpectedly said that the decision to hold the main policy rate at 0.5% was a close call USD/CHF rallied 1.39% ...
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  • Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP Euro (EUR) EUR closed lower Tuesday. The mid-range close set the stage for a steady to higher open Wednesday. Stochastics and the RSI are turning Neutral to Bearish indicating that sideways to lower prices are possible near term. If the single currency resumes this month's decline, the March ...
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  • US Dollar Down, US Treasuries Down

    US Dollar Down, US Treasuries Down

    US Dollar Down, US Treasuries Down US Dollar (.DXY) Index .DXY reversed its overnight gains to trade down 0.07% at 97.86 EUR/USD rallied 0.10% to 1.0751 despite Greek sovereign yields hitting highs across the curve German 10-year Bund yields were slightly higher at 0.10% this morning after hitting a record low of 0.05% Tuesday. Low ...
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  • Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP Euro (EUR) EUR closed lower Monday. The low range close set the stage for a steady to lower open Tuesday. Stochastics and the RSI are Neutral to Bullish indicating that sideways to higher prices are possible near term. Closes above the 20-Day MA crossing will confirm that a ...
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  • US Dollar Up, US Treasuries Down

    US Dollar Up, US Treasuries Down

    US Dollar Up, US Treasuries Down US Dollar gains against all peer currencies The US Dollar (.DXY) Index rose 0.48% to 97.99 as the People's Bank of China (PBOC) reduced the RRR (required reserve ratio) for banks by a full percentage point to 18.50% and halted the sell-off in risk that began in Europe last ...
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  • HEFFX Daily FX Alerts $Oil, $GC_F, $EURUSD, $GBPUSD, $USDCAD, $USDJPY, $AUDUSD, $USDCHF

    HEFFX Daily FX Alerts $Oil, $GC_F, $EURUSD, $GBPUSD, $USDCAD, $USDJPY, $AUDUSD, $USDCHF

    Crude Oil (WTI) (K5) Intraday: supported by a rising trend line. Pivot: 55 Our preference: Long positions above 55 with targets @ 58 & 60 in extension. Alternative scenario: Below 55 look for further downside with 53.6 & 51.45 as targets. Comment: A support base at 55 has formed and has allowed for a temporary ...
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  • Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP Euro (EUR)Euro closed lower Friday. The mid-range close set the stage for a steady open Monday. Stochastics and the RSI are Neutral to Bearish indicating that a short term top is in or close. If the single currency extends last week's decline, the 25% Fibo retracement mark of ...
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  • IMF: Strong US Dollar Has World Economies At Risk

    IMF: Strong US Dollar Has World Economies At Risk

    IMF: Strong US Dollar Has World Economies At Risk $.DXY The International Monetary Fund's (IMF) member nations Saturday warned of risks to the global economy from exchange rate shifts and geopolitical tensions as they took note of "moderate" global growth and "uneven prospects." While economies in developed countries have strengthened, some emerging nations are being ...
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  • US Dollar Up, US Treasuries Up

    US Dollar Up, US Treasuries Up

    US Dollar Up, US Treasuries Up US Treasury Complex Yield curve flattens on flight to quality; the long end of the curve drove higher Friday as global stocks broke due South Yield 2-yr: Unch at 0.50% 5-yr: -1 bpt to 1.29% 10-yr: -3 bpts to 1.85% 30-yr: -7 bpts to 2.51% News Consumer prices increased ...
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  • Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP Euro (EUR) EUR closed higher Thursday. The high range close set the stage for a steady to lower open Friday. Stochastics and the RSI are becoming oversold but are Neutral to Bearish indicating that sideways to lower prices are possible near term. If the single currency extends this ...
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  • US Dollar Down, US Treasuries Up

    US Dollar Down, US Treasuries Up

    US Dollar Down, US Treasuries Up The US Dollar (.DXY) Index dropped 0.83% Thursday to 97.50, as the front-month WTI Crude Oil futures marked a new high for Y 2015 at 57.42 EUR/USD rallied 1.09% to 1.0792 despite a lot of bad news about Greece, everyone expects Greek's to default. USD/JPY traded down 0.21% to ...
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  • Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP Euro (EUR) EUR closed higher Wednesday. The high range close sets the stage for a steady to lower open Thursday. Stochastics and the RSI are becoming oversold but remain Neutral to Bearish indicating that sideways to lower prices are possible near term. If the single currency extends this ...
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  • US Dollar Down, US Treasuries Mixed

    US Dollar Down, US Treasuries Mixed

    US Dollar Down, US Treasuries Mixed The US Dollar (.DXY) Index lost ground against all peers, down 0.29% to 98.45 One wave of US Dollar selling was set off by the weak Empire State Manufacturing Index report, but another wave of selling began late morning. The Bank of Canada met and held its main policy ...
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  • Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP Euro (EUR) EUR closed higher Tuesday. The high range close set the stage for a steady to lower open Wednesday. Stochastics and the RSI are becoming oversold but remain Neutral to Bearish indicating that sideways to lower prices are possible near term. If the single currency extends this ...
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  • Euro (EUR/USD) Bounce Seen Topping Out

    Euro (EUR/USD) Bounce Seen Topping Out

    Euro (EUR/USD) Bounce Seen Topping Out, Many experts say the USD's ascent that took it to multi-year highs recently has a ways to go in here. The Buck hit a 12-yr peak Vs the Euro last month, and many forecasts call for the single currency to drop below parity with the USD. On the other ...
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  • US Treasuries Rally, US Dollar Fades

    US Treasuries Rally, US Dollar Fades

    US Treasuries Rally, US Dollar Fades The US Dollar (.DXY) Index fell 0.84% to 98.66 after March retail sales missed estimates The headline number was +0.9%, below consensus of +1.0% The ex-auto number was +0.4% Vs expectations of +0.7% March headline PPI was inline with estimates, +0.2% March core PPI beat estimates, rising 0.2% Vs ...
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  • Qatar Opened 1st RMB Yuan Clearing Hub In Middle East

    Qatar Opened 1st RMB Yuan Clearing Hub In Middle East

    Qatar Opened 1st RMB Yuan Clearing Hub In Middle East The center is expected to facilitate greater cross-border Renminbi (RMB) investment and financing business and boost trade between China and the region. Qatar opened the Middle East’s first center for clearing transactions in the Chinese Yuan Tuesday, saying it will boost trade and investment between ...
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  • HEFFX Daily FX Alerts $Oil, $GC_F, $EURUSD, $GBPUSD, $USDCAD, $USDJPY, $AUDUSD, $USDCHF

    HEFFX Daily FX Alerts $Oil, $GC_F, $EURUSD, $GBPUSD, $USDCAD, $USDJPY, $AUDUSD, $USDCHF

    Crude Oil (WTI) (K5) Intraday: bullish bias above 51.45. Pivot: 51.45Our preference: Long positions above 51.45 with targets @ 53.1 & 54.2 in extension.Alternative scenario: Below 51.45 look for further downside with 50 & 48.2 as targets.Comment: A support base at 51.45 has formed and has allowed for a temporary stabilisation. Opinion published is an ...
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  • Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP Euro (EUR) EUR closed lower Monday. The high range close set the stage for a steady to lower open Tuesday. Stochastics and the RSI are oversold but remain Neutral to Bearish indicatng that sideways to lower prices are possible near term. If the single currency extends this week's ...
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  • US Dollar Mixed, US Treasuries Higher

    US Dollar Mixed, US Treasuries Higher

    US Dollar Mixed, US Treasuries Higher US Dollar (.DXY) gave back some gains Monday. .DXY gained against the Euro, NZD, and AUD, as GBP and JPU rallied JPY drove North around 8:40a EDT on comments from Koichi Hamada, an adviser to Japanese PM Shinzo Abe, who said that purchasing power parity implies a fair value of ...
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  • HEFFX Daily FX Alerts $Oil, $GC_F, $EURUSD, $GBPUSD, $USDCAD, $USDJPY, $AUDUSD, $USDCHF

    HEFFX Daily FX Alerts $Oil, $GC_F, $EURUSD, $GBPUSD, $USDCAD, $USDJPY, $AUDUSD, $USDCHF

    Crude Oil (WTI) (K5) Intraday: further advance. Pivot: 51.45Our preference: Long positions above 51.45 with targets @ 53.1 & 54.2 in extension.Alternative scenario: Below 51.45 look for further downside with 50 & 48.2 as targets.Comment: The RSI is well directed. Opinion published is an intraday view. Green Lines Represent Resistances | Red Lines Represent Support ...
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  • Forex Technical Analysis: US Dollar (.DXY) Index

    Forex Technical Analysis: US Dollar (.DXY) Index

    Forex Technical Analysis: US Dollar (.DXY) Index USD prices broke a 5 wk range to extend to the highest mark in over 6 years. A daily close above the 23.6% Fibo expansion at 11965 exposes the 38.2% mark at 12107. On the other hand, should the US Dollar a move below the 11854-78 area, the ...
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  • USD's Ascent Erodes The Competitiveness Of The US

    USD’s Ascent Erodes The Competitiveness Of The US

    USD's Ascent Erodes The Competitiveness Of The US $.DXY , $DB, $C, $TiF, $MON, $EADSF The rising USD is changing the growth outlook of the global economy. The Buck’s rise to the highest mark in 12 yrs on a trade-weighted basis is eroding the competitiveness of the US and countries whose exchange rates track the ...
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  • US Critical Of China's Exchange Rate Policy

    US Critical Of China’s Exchange Rate Policy

    US Critical Of China's Exchange Rate Policy The US accusation that Chinese currency, or Renminbi (RMB Yuan), remains "significantly undervalued" is not justified because China's current account surplus has declined sharply and the country has stopped intervening in foreign exchange markets, experts said Friday. "At the moment I do not think using the term 'significantly ...
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  • USDPHP Philippines Peso Outlook

    USDPHP Philippines Peso Outlook

    USDPHP Philippines Peso Outlook Documents from the Bangko Sentral ng Pilipinas (BSP) showed that foreign direct investments (FDI) at the start of the year stayed positive, but was lower by more than two-thirds over the same month in 2014. The decline was noted across the board, with all forms of FDI, namely significant equity investments ...
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  • Weekly Review Oil, Metals, FX, LIFFE, ICE

    Weekly Review Oil, Metals, FX, LIFFE, ICE

    Weekly Review Oil, Metals, FX, LIFFE, ICE Oil prices rebounded and gold firmed this week as markets reacted to geopolitical concerns and the outlook for interest rates in the United States. A strong dollar meanwhile capped gains for certain commodities priced in the US unit and caused others to drop week-on-week. The dollar has fought ...
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  • US Dollar Up, US Treasuries Flat

    US Dollar Up, US Treasuries Flat

    US Dollar Up, US Treasuries Flat US Dollar (.DXY) rose for the 5th session running .DXY rose 0.28% to 99.44 on weaker European economic data EUR/USD fell 0.690% to 1.0588 French industrial production beat expectations, remaining unchanged m/m in February Vs expectations for a decline of 0.1% and a 0.3% gain in January Spanish industrial production ...
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  • China Maintains Slowdown

    China Maintains Slowdown

    China Maintains Slowdown Real GDP growth of China is expected to continue slowing from 7 percent in 2015 to 6.4 percent in 2016 and 6 percent in 2017 as the authorities act to shift to a consumer-led economy, QNB Group said in its China Economic Insight 2015 yesterday. The report examines recent developments and the ...
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  • Trading China's Bond Market

    Trading China’s Bond Market

    Trading China's Bond Market China's promise to allow more bond defaults so markets can accurately price investment risk is being undermined by the government's own mixed messages, and bond investors are still betting that Beijing will come to their rescue. In March China's Finance Ministry said local governments could swap out 1 trillion yuan ($161 ...
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  • Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP Euro (EUR)EUR closed lower Thursday.The low range close set the stage for a steady to lower open Friday. Stochastics and the RSI are Neutral to Bearish indicating that sideways to lower prices are possible near term. Thursday's close below last Tuesday's low crossing confirms that a short term ...
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  • US Treasuries Lower, US Dollar Higher

    US Treasuries Lower, US Dollar Higher

    US Treasuries Lower, US Dollar Higher US Treasury Complex Yield Curve Steepens 5's, 10's, and bonds all moved lower Thursday on better-than-expected continuing jobless claims and February wholesale inventories. At 01:00p EDT, the losses widened as the $13-B T-Bond auction was met with very weak demand Yield check: 2-yr: +2 bpts to 0.55% 5-yr: +5 ...
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  • HEFFX Daily FX Alerts $Oil, $GC_F, $EURUSD, $GBPUSD, $USDCAD, $USDJPY, $AUDUSD, $USDCHF

    HEFFX Daily FX Alerts $Oil, $GC_F, $EURUSD, $GBPUSD, $USDCAD, $USDJPY, $AUDUSD, $USDCHF

    Crude Oil (WTI) (K5) Intraday: key resistance at 52.3. Pivot: 52.3Our preference: Short positions below 52.3 with targets @ 49.8 & 48.2 in extension.Alternative scenario: Above 52.3 look for further upside with 54.1 & 55.7 as targets.Comment: The RSI has struck against a major resistance around 70% and is reversing down. Trade with the World's ...
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  • Forex Technical Analysis: EUR, JPY, GBP, CHF

    Forex Technical Analysis: EUR, JPY, GBP, CHF

    Forex Technical Analysis: EUR, JPY, GBP, CHF Euro (EUR)The EUR/USD attempted to push higher Wednesday topped at 1.0886, faded closing lower at 1.0778. The bias is Bearish near term testing 1.0700. A clear break below that mark could trigger a test of 1.0460, as an M pattern has formed on the H4 chart below after ...
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  • US Dollar Up, US Treasuries Mixed

    US Dollar Up, US Treasuries Mixed

    US Dollar Up, US Treasuries Mixed The US Federal released the minutes from its latest policy meeting, no clarity, no new insight. According to the minutes, FOMC members were split over whether June would be the right time to begin raising rates. Several members believed that recent data and the outlook warranted a rate hike ...
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  • HEFFX Daily FX Alerts $Oil, $GC_F, $EURUSD, $GBPUSD, $USDCAD, $USDJPY, $AUDUSD, $USDCHF

    HEFFX Daily FX Alerts $Oil, $GC_F, $EURUSD, $GBPUSD, $USDCAD, $USDJPY, $AUDUSD, $USDCHF

    Crude Oil (WTI) (K5) Intraday: further upside. Pivot: 51.15Our preference: Long positions above 51.15 with targets @ 55.15 & 57.05 in extension.Alternative scenario: Below 51.15 look for further downside with 49.8 & 48.2 as targets.Comment: The RSI is around its neutrality area at 50% Opinion published is an intraday view. Green Lines Represent Resistances | ...
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  • Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP

    Forex Technical Analysis: EUR, JPY, CHF, GBP Euro (EUR) EUR closed lower Tuesday. The low range close set the stage for a steady to higher open Wednesday. Stochastics and the RSI are turning Neutral to Bullish indicating that sideways to higher prices are possible near term. If EUR renews the rally off of its March's ...
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  • US Treasuries Rebound, US Dollar Up

    US Treasuries Rebound, US Dollar Up

    US Treasuries Rebound, US Dollar Up The US Treasury complex lost ground early, but 10's and 30's made back the losses in late session action Yield 2-yr: +2 bpts to 0.52% 5-yr: +2 bpts to 1.32% 10-yr: -2 bpts to 30-yr: -4 bpts to 2.52% News: Minneapolis Fed President Kocherlakota gave a speech in Bismarck, ...
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  • Forex Technical Analysis: EUR, JPY, GBP, CHF

    Forex Technical Analysis: EUR, JPY, GBP, CHF

    Forex Technical Analysis: EUR, JPY, GBP, CHF Euro (EUR) EUR closed higher Monday. The mid-range close set the stage for a steady to higher open Tuesday. Stochastics and the RSI are turning Neutral to Bullish indicating that sideways to higher prices are possible near term. If the single currency renews the rally off of its ...
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  • US Dollar Up, US Treasuries Down

    US Dollar Up, US Treasuries Down

    US Dollar Up, US Treasuries Down The US Dollar rallied against its peers Monday, but the Forex market was calm compared to the sharp moves in global stocks and bonds, .DXY rose 0.20% to 96.74 Monday, consolidating losses from Friday's NFPs (non-farm payrolls) report EUR/USD rose 0.77% to $1.0979. European markets continued their Easter holiday Monday ...
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  • Forex Technical Analysis: EUR/USD

    Forex Technical Analysis: EUR/USD

    Forex Technical Analysis: EUR/USD The EUR/USD pair is on the edge of revival. After shedding over 3500 pips in less than a year, the world's most widely-traded currency pair is seeing its largest rally since topping above 1.40. The unit looks set to break above its 50-Day MA and putting in its 1st meaningful higher ...
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  • Currencies: EUR/CHF Technical Outlook

    Currencies: EUR/CHF Technical Outlook

    Currencies: EUR/CHF Technical Outlook EUR/CHF The 1.040 mark is Key in here. Peer currency pairs consolidated in quiet trade Thursday ahead of Friday's NFPs report and a long Easter holiday weekend. Remember that the sideways movements set the stage for more significant trends, and that traders who use these quiet periods to prepare for the ...
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  • US Dollar Off, US Treasuries Up

    US Dollar Off, US Treasuries Up

    US Dollar Off, US Treasuries Up US Treasury complex market closed at Noon Friday. Treasuries run North, the volatile NFPs (non-farm payrolls) number missed big Friday, at 126-K Vs the consensus at 250-K Private payrolls were 129-K, Vs Briefing.com consensus of 245-K Hourly earnings beat expectations, up 0.3% Vs consensus of 0.2% The Fed and market ...
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  • US Dollar Down, US Treasuries Down

    US Dollar Down, US Treasuries Down

    US Dollar Down, US Treasuries Down US Treasury Complex US Treasuries declined, they traded lower Thursday, as jobless claims, trade balance, and factory orders reports all exceeded expectations Yield 2-yr: unch at 0.54% 5-yr: +3 bpts to 1.35% 10-yr: +6 bpts to 1.91% 30-yr: +6 bpts to 2.53% Trade in Global Markets with the World’s Leading Platform Open an account here , ...
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  • China Moving Towards Reserve Currency Status

    China Moving Towards Reserve Currency Status

    China Moving Towards Reserve Currency Status China is now closer to joining the USD and Euro as a reserve currency, a deal possible later this year is set to include the RMB Yuan in the International Monetary Fund's (IMF) unit of account, officials say. The United States, where China's growing economic and political power is ...
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  • Forex Technical Analysis: EUR, JPY, GBP, CHF

    Forex Technical Analysis: EUR, JPY, GBP, CHF

    Forex Technical Analysis: EUR, JPY, GBP, CHF Euro (EUR) EUR closed higher Wednesday. The mid-range close set the stage for a steady to lower open Tuesday. Stochastics and the RSI are turning Neutral to Bearish indicating that sideways to lower prices are possible near term. Closes below the 20-Day MA crossing will confirm that a ...
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  • US Dollar Down, US Treasuries Up

    US Dollar Down, US Treasuries Up

    US Dollar Down, US Treasuries Up US Dollar(.DXY) Index down The Intercontinental Exchange's  (ICE) US Dollar Index fell 0.22% Wednesday to 98.15, on volatility in the stock and fixed-income markets. EUR/USD rose 0.30% to 1.0770 on stronger manufacturing PMIs in almost every Western European country. There remains deep concerns about Greece and its potential exit ...
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