Please try another search
Tomorrow’s U.S. non-farm payrolls report is expected to be the worst ever. Economists believe that more than 21 million jobs were lost in the month of April, which would drive the unemployment...
As we close in on Friday’s non-farm payrolls report, investors are growing nervous. Stocks ended the day in negative territory after rallying more than 100 points. The U.S. dollar...
Investors took the U.S. dollar and U.S. equities higher on Tuesday following better than expected data. Service sector activity contracted at its fastest pace since 2009, but the decline in...
This is a busy week for the forex market, and the opportunities begin on Tuesday with the Reserve Bank of Australia’s monetary policy announcement and the United States’ non-manufacturing...
The first day in May kicked off with losses for currencies and equities. The Dow Jones Industrial Average tumbled more than 600 points, while the Australian and New Zealand dollars dropped...
When we look back at April 2020, it could very well be the worst month ever for the global economy. Across the globe, governments took the unprecedented step of ordering their citizens to stay at...
Market Drivers For April 29, 2020 Euro pushes higher All eyes on the Fed Nikkei -0.06% Dax 0.12% UST 10 Year 0.66% Oil $14/bbl Gold $1706/oz BTC/USD $7936 Asia and the EU EU PPI -3.6% North...
The U.S. dollar traded sharply lower ahead of Wednesday’s first-quarter GDP report and Federal Reserve monetary policy announcement. Consumer confidence also fell to its weakest level in four...
For most of the major currencies, and USD/JPY in particular, consolidation was the primary theme this week. The trading range for USD/JPY was less than 80 pips and, on most days, less than 50....
U.S. dollar bulls relinquished control of the market today. With the exception of the euro and the Swiss Franc, the greenback traded lower against all of the major currencies. More than 4.4...
With the selloff in May Crude Oil WTI futures yesterday, in which price traded as low as -$40.00, traders are asking what that really means as far as the world economy is concerned. As discussed...
Dow futures are down 500 points this morning and the sell-off is accompanied by fresh gains for the U.S. dollar. The greenback kicks off the New York session stronger against all of the major...
The new trading week kicked off with an aggressive sell-off in crude and renewed gains for the U.S. dollar. The primary focus today was the Canadian dollar, which sold off aggressively on the...
If there’s one thing that’s certain in forex, it is that the U.S. dollar is king. The greenback traded higher against most of the major currencies despite another round of worrisome...
Wednesday’s U.S. economic reports were terrible. Retail sales fell 8.7%, the largest one-month decline ever. The Empire state manufacturing survey also hit a record low of -78.2, but,...