The EUR/USD currency pair is fast approaching a key technical crossroads : The ~1.15 level represents support/resistance from January/February and also roughly equates to... Continued
The Euro Could Do Something Unexpected
BNP Paribas publish a forex report yesterday entitled "Stick To the Plan; Resell EUR/USD" in which the firm argued the following: "Our positioning indicators suggest EURUSD... Continued
US Dollar Set to Frustrate the Largest Number of Market Participants
Trends trend, until they stop trending, at which point they generally consolidate for some time. We have seen this recently in crude oil which experienced... Continued
Eurozone Equities Cruising for a Bruising
Eurozone equity allocations have not been this high since 2006 which happened to coincide with a major peak in relative performance of EU equities vs.... Continued
It’s All About The Benjamins
The only story that matters across global financial markets right now is the parabolic ascent of the US dollar: The implications of what 'excessive'... Continued
A Contrarian Trade Opportunity in the Euro
Lets face it, nobody is bullish on the euro, nobody! Even ECB President Mario Draghi probably has a secret short position in the EUR/USD in... Continued
Could A Grexit Be Bullish?
This is a question people have begun asking themselves this week. Previously the thought of a Greek exit from the eurozone brought about images of... Continued
The Only Chart of Gold You Need
Regardless of how one would like to look at things, the eurozone and ECB are driving the global markets bus for the time being. The... Continued
Dissecting the Crash of a Currency & What it Might Mean for US Stocks
After spending the 2nd half of 2014 in a steady downtrend, the euro currency has entered crash mode at the outset of 2015: EUR/USD is down... Continued
Energy & Gold Morning Linkfest
It's all about the ECB this morning as the central bank launches a massive 1 trillion+ euro program of asset purchases... WSJ: Full Text of... Continued