Euro Bears Toasted!
Jean Claude Trichet’s hawkish statement yesterday concerning interest rates surprised the forex market, prompting a surge in the euro which gained over 300 pips against […]
2011
The VIX is Low – Is it Time To Go?
Today has been an interesting day for US equities which has seen the DOW trade in a very narrow 50+ point range accompanied by relatively […]
Gold Nervous & Looks To Correct
Gold continues to take baby steps back towards the $1400 per ounce level as it finally manages to haul itself back over our shorter term […]
Euro Continues Higher
So there we are, panic over once again as successful bond auctions in both Spain and Italy have eased investor fears resulting in further euro […]
Aussie Rallies As Risk Appetite Returns
The Portuguese bond auction and relief that Belgium has pulled back from the brink by posting better than expected deficit figures, has relieved the market […]
Canadian Dollar Continues to Look Strong
While most traders were busy watching the results of the Portuguese bond auction this morning, my focus was on the Canadian Dollar which I have […]
The Crude Oil Conundrum
Crude oil is crawling back towards the $90 per barrel price point, receiving a boost from yesterday’s Alaska pipeline closure. With the pipeline responsible for […]
Euro Defies Gravity!
The overnight trading session for the euro dollar was interesting for a number of reasons: first the pair had been trying to form an interim […]
Loonie remains out of step with US dollar – why?
One of the conundrums facing us all as currency traders, is in trying to make sense of the underlying forces which cause one currency to […]
Euro looks set to remain under pressure
Last week was a bad one for the euro, but an excellent one if you were short on the euro dollar, which finally broke below […]
Forecast and outlook for UK and US stock markets
If we start with the London market the recent bullish trend in the FTSE100 was signalled back in July 2010, where we saw a strong […]
Commodities forecasts for gold, silver and oil
Following the strong gains for commodities in 2010, much is expected for the major sectors this year, with metals and the energy complex expected to […]
Forex market forecast for the major currency pairs
With the holiday season now behind us at last ( thank goodness ) the markets are finally returning to some sort of normality, as the […]