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Euro Makes A Bid For A Bottom
May 28, 2020
The euro has swung widely in the past few months as traders make swift pandemic-related bets. Signs are converging for a potential fresh bottom for the euro but the reasons for the euro's new... Read More
from Blogs - TalkMarkets
The S&P 500 gapped higher yesterday, above the recent ceiling and above the 200-day moving average for the first time since early March. The momentum faltered, and it finished below the opening level... Read More
from Blogs - TalkMarkets
Consolidative drift marked much of the G10 FX space in Asia-Pacific trading hours. The cyclically-inclined Australian and New Zealand Dollars digested the prior day’s advance, while the anti-risk US... Read More
from Blogs - TalkMarkets
Dollar Struggles For Traction After Down Week
May 25, 2020
The US Dollar continues to struggle on Monday following its recording of a loss for last week. Read More
from Blogs - TalkMarkets
US equity futures jumped in thin holiday volume, rising alongside European and Asian markets, and are now less than 20 points away from 3,000 having put the key resistance level of 2,950 in the rear... Read More
from Blogs - TalkMarkets
I remain amused by all the calls of hyperinflation and high inflation given the Fed has turned on the printing presses. However, currencies cannot be viewed in isolation. To those expecting a total US... Read More
from Blogs - TalkMarkets
The German DAX30 started the last week of trading with massive gains, we did not expect gains of more than 5% into the start of the week. Read More
from Blogs - TalkMarkets
Breakouts Mostly Averted, So Far
May 24, 2020
The dollar, the Treasury market, and the S&P 500 were threatening to break out of the trading ranges. But the escalation of tensions between the US and the PRC gave reason for investors to pause ahead... Read More
from Blogs - TalkMarkets
Weekly Forex Forecast for May 24
May 24, 2020
The British pound has rallied during most of the week, reaching towards the ¥132 level where we start to see some resistance. Read More
from Blogs - TalkMarkets
The Aussie rebounded last week, as AUD/USD jumped close to 2 percent. The upcoming week has three events. Here is an outlook at the highlights and an updated technical analysis for AUD/USD. Read More
from Blogs - TalkMarkets
This week has brought another round of down-pressure for USD/MXN, which has seen the US Dollar fall 4% against the Mexican Peso, breaking the symmetrical triangle pattern and resting around the 22.90... Read More
from Blogs - TalkMarkets
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By accessing this page, you agree to the following
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