Today’s Trades 06.20.2018 AUDUSD, EURUSD, CHFJPY, AUDNZD

by Kathy Lien *Good morning/afternoon everyone!* While the U.S. dollar is trading higher against most of the major currencies this morning, the moves are relatively modest. Equities have stopped falling and...

The Mundellian Trilemma, China’s Box, and Dollar Risk Bid

Quotable “Anyone who spends too much time thinking about international money goes mad.” --Charles Kindleberger  Commentary & Analysis The Mundellian Trilemma, China’s Box, and Dollar Risk Bid The Mundellian trilemma says policy makers...

FX Looks To Loonie

Market Drivers May 11, 2018 FX Rangebound All eyes on Canadian data Nikkei 1.16% Dax -0.09% Oil $71/bbl Gold $1322/oz. Bitcoin $8824 Europe and Asia: No Data North America CAD Employment 8:30 USD U of M 9:55 FX markets were moribund...

GBP/JPY Stalls & Looking To Correct

VPA principles at work on the daily chart for the gbp/jpy with last Thursday’s and Friday’s candles of small doji & shooting star respectively accompanied on good volume now...

More Bad News For Euro

Market Drivers April 18, 2019 EZ PMIs show manufacturing in the dumps UK and AUD data beats Nikkei -0.84% Dax -0.05% Oil $63/bbl Gold $1276/oz. Europe and Asia: AUD Jobs 25K vs.15K EUR PMI 47.8 vs. 48.1 GBP...

Brexit Rests on Backstop

Market Drivers December 13, 2018 EU Summit and ECB on tap Cable holds bid post-May's win Nikkei 0.99% Dax 0.06% Oil $51/bbl Gold $1245/oz. Europe and Asia: SNB Rates unchanged North America: EUR ECB Presser 8:30 USD Weekly Jobless...

All Eyes On ECB

Market Drivers April 10, 2019 UK GDP beats Market waits for Draghi Nikkei -0.53% Dax 0.38% Oil $65/bbl Gold $1304/oz. Europe and Asia: UK GDP 0.2% vs. 0.0% North America: EUR ECB Presser 8:30 USD US CPI 8:30 FX rates...

Emini S&P Setup…Near A Top It Seems…

Expecting a deep correction, then new highs eventually….

Forex – Don’t Expect Buyers to Return with Force

Is the sell-off in the U.S. equity markets a healthy correction or the beginning of a crash? Its too early to tell but what is unambiguously clear is that...

Forex Weekly Outlook for March 26th, 2018

The Forex Weekly Outlook is designed to help traders remain aware of intermarket correlations of global market relationships. You can become more profitable if you know how to get...

Dollar Index Monthly – A Dire View…

Looks a bit dire….but never say never…We do not want to miss the next leg down…scenarios abound: US policy stalemate, President neutered, US recession, Fed backpedaling, geo-political backlash against...

Buck is Bid, But Needs Wages to Push Higher

Market Drivers August 3, 2018 UK PMI Services misses All eyes on NFP Nikkei 0.06% Dax 0.49% Oil $68/bbl Gold $1207/oz. Bitcoin $7390 Europe and Asia: AUD AU Retail Sales 0.4% vs. 0.3% EUR EZ PMI Cpmposite 54.3...