Euro May Break Seven-Year Floor vs. US Dollar, Fall Below Parity
The Euro is threatening to pierce the bottom of a range limiting downside progress against the US Dollar for over seven years. Trader positioning hints at momentum for a breakdown.
When Can S&P 500 Volatility Break a Stock Diversification Strategy? Analyzing the VIX
When S&P 500 volatility is too high, a stock sector diversification strategy can fail. Using the VIX, what levels should traders watch for to identify this risk and what can…
AUD/USD Eyes Rebound After Iron Ore Catches Bid on President Xi Commentary
The risk-sensitive Australian Dollar fell overnight despite a rebound on Wall Street and higher iron ore prices. Japan's CPI print is in focus as the APAC session wraps up the…
Gold Price Outlook Mired by Failure to Test 50-Day SMA
Lack of momentum to test the 50-Day SMA ($1864) may undermine the recent rebound in the price of gold as the moving average reflects a negative slope.
S&P 500 Rises Despite Disastrous US Economic Data, but Recession Fears May Cap Gains
S&P 500 stages a late day rally, after a subdued performance for most of the session, but gains may be short-lived amid deteriorating U.S. economic data.
US Dollar Forecast: Pullback in US Yields Hampers DXY Index, USD/JPY
The US Dollar (via the DXY Index) has begun to carve out a range after reaching a fresh yearly high last week.
EU Races to Regulate Bitcoin, Cryptocurrencies as Market Implodes
The three bodies involved in negotiating European Union rules on Bitcoin and other cryptocurrencies hope to wind up work on the Markets in Crypto-Assets legislation by the end of June…
Central Bank Watch: BOE & ECB Interest Rate Expectations Update
Rates markets have discounted several more rate hikes by the Bank of England and European Central Bank.
The Most Volatile Currency Pairs and How to Trade Them
Find out what currency pairs may show the most volatility, and how you can tailor your strategy to capitalize on market volatility.
US Dollar Softens After Weak US Business Activity Data Raises Recession Odds
U.S. composite PMI falls to 51.2 in June from 53.6 in May, reaching the lowest level in five months, a sign that economic activity is slowing rapidly and a recession…