Monthly archive December, 2012

EURUSD Daily Chart The EURUSD has continued to trade within the confines of an ascending channel formation dating back to the November lows with the pair losing steam just ahead of the May high of 1.3283. While we may see some Read More →

Many have wondered how Spain keeps going on with an unemployment rate of around 25%. How come there aren't riots on the streets? There are three main reasons cited for the stability, but one of these could now collapse. What are the Read More →

Many have wondered how Spain keeps going on with an unemployment rate of around 25%. How come there aren't riots on the streets? There are three main reasons cited for the stability, but one of these could now collapse. What are the Read More →

The S&P 500 has chalked up nearly a 15% return as of late December, not too shabby, especially given the extremely lackluster economic recovery conditions that we've seen here in the U.S. It certainly looks like Santa Claus is delivering Read More →

The Euro has made a small 30 point rally over the first part of today’s European session. EURUSD saw a sharp 80 point reversal of all of the day’s gains in late trading yesterday, when pessimistic news about US fiscal Read More →

The US Dollar looks set to rise as lingering deadlock in US “fiscal cliff” negotiations weighs on risk appetite and boosts demand for the go-to haven currency. Talking Points US Dollar May Rise as “Fiscal Cliff” Impasse Dents Risk Appetite British Pound Unlikely Read More →