Current EUR/USD Levels: Where They Are and Why They're There
While I try to keep things simple, this post is all technical. I am asked many questions surrounding these areas all of the time. Below is an attempt to be very specific in regards to
The Sovereign Debt Market Explained
The number of headlines focused on sovereign debt these days can be mind bending, but all for good cause. Every day I see articles posted written by a slew of commentators, and I wonder how
Event-Driven Spikes
[vc_row][vc_column width=”1/1″][vc_video link=”http://www.youtube.com/watch?v=SvugvSLHT7Q”][/vc_column][/vc_row][vc_row][vc_column width=”1/1″][dt_gap height=”15″][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]Video Notes: Context of the spike is by far the most relevant – every spike is unique and understanding the market's common reaction to like-events is most crucial Fibonacci Retracements used
How Well Do Bank Analysts Really Perform?
I've said it a million times on this site: “Analysts are not traders, they are publishers. They are forced to perform on a daily basis and release information regardless of market conditions. As a result,
Fate and Papandreou
Rumor mill is in full operation again today regarding the fate of Papandreou. Facing heavy criticism for his call for the referendum, the BBC originally announced that an “unnamed source” explained that Papandreou will resign.
Not Enough Volatility? ECB Announces Rate Decision Tomorrow
With an already massive storm of events this week the Euro Zone has yet one major scheduled hurdle to get past: tomorrow's ECB rate decision. Consensus is pointing at UNCH with a handful of dovish analysts looking
EUR/USD in 3 Days
…..why your stochastic is looking a bit overcooked. We're currently in the middle of the largest retrace since the spawn of this downfall, and its only a little over 100 pips. From 1.3960 to 1.4248
Markets Get a Wakeup Call, Chuck Norris-Style
High yielding assets are getting a roundhouse kick to the face, and news appears to just be getting worse as the day continues… Last night's intervention took USD/JPY as high as 79.52 before subsiding circa
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Jim Rickards: The U.S. is the World's Largest Currency Manipulator