Euro Crashes Through 1.10 – Is Germany in Recession?

Market Drivers September 23, 2019 German PMIs miss big taking Euro below 1.1000 UK Supreme ruling on Brexit expected Nikkei 0.16% Dax -1.53% UST 10Y 1.69 Oil $58/bbl Gold $1518/oz BTCUSD $9953 Europe and Asia: EUR EZ PMI...

Which Countries Are the Biggest Boost or Drag on the EU...

With 28 countries and over €15.8 trillion in 2018 GDP (PPP) to its name, there’s no doubt the European Union (EU) is highly influential in economics and politics. The...

Economic Data Calls for Sept 23, 2019

Here’s what we are looking for in tomorrow’s economic reports (Sept 23, 2019) — Good Luck Trading! 1. GE and EZ PMIs (03:30 ET) Bearish EUR — Potential downside surprise...

AUD/USD 4-hr: A Good Spot To Turn Higher…

…on a retracement level (61.8%) and extension level (1.618 x a).

Economic Data Calls for September 20, 2019

Here’s what we are looking for in tomorrow’s economic reports (Sept 20, 2019) — Good Luck Trading! 1. CAD Retail Sales (08:30 ET) Bullish CAD — Potential upside surprise given...

Deal or No Deal? For Cable 1.2500 Will Tell the Story

Market Drivers September 19, 2019 UK Retail Sales mixed BOJ holds Nikkei 0.38% Dax 0.35% UST 10Y 1.77% Oil $58/bbl Gold $1497/oz BTCUSD $9898 Europe and Asia: GBP UK Retail Sales -0.2% vs. 0.2% North America  GBP BoE Meeting 7:00 The...

Economic Data Calls for September 19, 2019

Here’s what we are looking for in tomorrow’s economic reports (Sept 19, 2019) — Good Luck Trading! 1. NZ Q2 GDP (18:45 ET) No Trade — Stronger trade balance offset...

What Will the Fed Do?

Market Drivers September 18, 2019 UK CPI cooler All eyes on the Fed Nikkei -0.18% Dax 0.09% UST 10Y 1.76% Oil $58/bbl Gold $1502/oz BTCUSD $102017 Europe and Asia: GBP UK CPI 1.7$% vs. 1.8% CAD CPI 8:30 USD FOMC...

Why is the Dollar So Strong Ahead of a Rate Cut?

Tomorrow's Federal Reserve monetary policy announcement is the biggest event risk of the week and while the central bank is widely expected to lower interest rates for the second...

USD/JPY Corrective Top?

USD/JPY Corrective top? We have been getting chewed up playing for a corrective top; maybe, finally, we get that today? Confidence not high, but setup looks interesting. Worth a...

Dollar Gets Stronger

Market Drivers September 17, 2019 GE ZEW slightly better RBA hints at more easing Nikkei 0.06% Dax -0.14% UST 10Y 1.82% Oil $62/bbl Gold $1497/oz BTCUSD $10,175 Europe and Asia: EUR GE ZEW -22 vs. -33 CAD Manufacturing Sales...