Dollar Extends Rally as S&P 500 Breaks Critical 1,600 Support Japanese Yen: Why Isn’t the Carry Trade Unwinding? Euro: PMI Improvement Doesn’t Offset Building Greece Fears Swiss Franc Takes in US Tax Pressure, EURCHF Floor, Financial Warnings British Pound Safe Haven Status for European Read More →

Gold has absolutely collapsed through Thursday’s trading session. The numbers are staggering. Through the end of the New York session, the precious metal was down well over 5 percent or $70 on the trading session. This incredible move hammered the Read More →

EURUSD Daily Chart Technical Outlook Clean reversal off key resistance range between 1.3440-1.3410 We’ve now completed a 38.2% retracement off the advance from the 2013 low Near-term scalp bias looks to sell rallies- Only break (daily close basis) above 1.33 invalidates Pending RSI trigger to Read More →

The Indian Rupee has plummeted by over 10 percent relative to the USD since USDINR’s April 30 low of $53.13, and Gold prices have seen similar declines following yesterday’s US Federal Open Market Committee meeting. Why? India is also one of Read More →