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Dollar Hits 12-Month High Versus Euro, S&P 500 Crosses 2000

Talking Points: Dollar Hits 12-Month High Versus Euro, S&P 500 Crosses 2000 Euro Sinks as Market Rate Slides to Record Low USDJPY Climbs for a Seventh Straight Day Dollar Hits 12-Month High Versus Euro, S&P 500 Crosses 2000 Where were the balloons? The S&P 500 Read More →

USD/CAD Bearish RSI Divergence Raises Risk for Larger Correction

Talking Points: - USD/JPY Correction in Focus; Need RSI to Fall Back From Overbought Territory - USD/CAD Marks Another Failed Attempt at 1.1000 Ahead of 2Q GDP; RSI Divergence Takes Shape - USDOLLAR Continues to Carve Lower-Highs on Intraday Time Frames For more updates, Read More →

USD/CAD Bull Flag Aims Above 1.1240, EUR/USD Flirts with 1.3200

Talking Points: - EURUSD could squeeze to 1.3335. - USDCAD flag points to 1.1241, wedge to 1.1278. - US Dollar strength in August shouldn't surprise - it's a seasonally strong month. The Jackson Hole conference last week paved the way to a more hawkish Read More →

EUR/USD May Face Larger Gap on Strong U.S. Durable Goods Orders

- U.S. Durable Goods Orders to Increase for Second Month. - 7.1% Rise Would Mark Fastest Pace of Growth Since March 2011. For more updates, sign up for David's e-mail distribution list. Trading the News: U.S. Durable Goods Orders A 8.0% rise in demand Read More →

Gold Vulnerable As Safe-Haven Demand Ebbs, Crude Awaiting Fresh Cues

Talking Points Crude Oil Lacking Fundamental Drive To Inspire A Recovery Precious Metals Suffer As Traders Look Past Geopolitical Turmoil Silver Marching Towards $19.00 Alongside Bearish Tech. Signals Gold and silver remain in a precarious position as ebbing geopolitical tensions threaten to sap safe-haven Read More →

Dollar Hits New 12-Month High, Forecasts for Early Fed Hike Building

Talking Points: Dollar Hits New 12-Month High, Forecasts for Early Fed Hike Buildings Euro Dives to Start the Week Following Draghi’s Jackson Hole Warning Yen Crosses: USDJPY Deviates Further from the Pack Dollar Hits New 12-Month High, Forecasts for Early Fed Hike Buildings The Dollar Read More →