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More Concerns in Europe 27 Jun 2012 | 08:59 pm
The Euro has gone down again as the concerns in Europe resurface again and there’s high uncertainty in the markets with the eyes set on the European summit on the 28th and 29th of June. The Euro has p...
Good News for the Euro 19 Jun 2012 | 06:19 pm
As the Greeks have elected a pro Euro government the currency has found some relief in that. Meanwhile the US economic indicators have not been well and that puts downward pressure on the dollar. So t...
Euro Continues to Plummet 31 May 2012 | 03:36 am
EURUSD has broken down the support of 1.2650 that I mentioned in the last post and the downward pressure continues. If this trend continues it is likely that the support of 1.22 on the monthly chart w...
USD Gaining with Concerns in Europe 10 May 2012 | 09:23 am
The uncertainty in Greece to form a new government as well as the financial troubles in Spain has put a downward pressure on EUR and has tipped the USD to rise against euro as the investors are lookin...
Trichet May Surprise Traders with New Fairy Tales 2 Dec 2010 | 11:32 pm
On Europe, traders are bulled up ahead of the ECB Thurs morning (we get the policy statement, which is usually a non-event, at 7:45amET, and the more important press conf @ 8:30amET), w/many thinking ...
Tradable Catalysts for Next Week 26 Nov 2010 | 11:13 pm
Events to Watch for the Week Coming Up The most important catalysts will be on the economic front. We will get the Nov manufacturing PMI/ISM readings (China hits late Tues night and the US comes Wed ...
Top Stories on Ireland 24 Nov 2010 | 11:15 pm
Ireland downgraded by S&P (out Tues night) – Standard & Poor’s Ratings Services said today that it lowered its long-term sovereign credit rating on the Republic of Ireland to ‘A’ from ‘AA-’ and its sh...
Today’s Top Stories: Shanghai falls ~2% $CAF, North Korean and South Korea at War 23 Nov 2010 | 11:23 pm
North Korea shells a South Korean island, killing one South Korean marine and wounding several others; South Korea has scrambled fighter jets to the area and raised its military alert to the highest l...
Important Catalysts to Watch 23 Nov 2010 | 11:22 pm
The most important catalysts will be on the economic front. We will get the Nov manufacturing PMI/ISM readings (China hits late Tues night and the US comes Wed morning) as well as the US jobs report o...
Five Things the Market is Watching 22 Nov 2010 | 11:24 pm
The coming week will see news flow slow down meaningfully, w/the US observing Thanksgiving on Thurs (US equities markets are closed on Thurs and will close early at 1pmET on Fri). For the Fed/Treasur...
