Market Overview

Today’s price for a barrel of crude oil ($26.64 per barrel) was last seen in December of 2001. Lifehouse had the hottest track on the radio dial, “Hanging by A Moment”. Ocean’s...

The Federal Reserve Board finds itself back in a quandary of its own making. When Fed chair Janet Yellen pushed through an interest rate hike this past December, she confidently cited an "economy...

Thursday is shaping up to be a continuation of the bleeding that took place in the markets earlier this week. Janet Yellen, Chairwoman of the Federal Reserve, made comments on Wednesday that included...

US stock markets ended lower on Wednesday as Federal Reserve Chair Janet Yellen said she didn’t expect the central bank would refrain from implementing the rate hikes this year. At the same time...

Janet Yellen’s testimony was for the most part a reiteration although she did admit that the outlook for the US could be affected should ongoing global risks persist. The dollar is weaker on the...

Forex News and EventsA dovish Janet Yellen spoke in front of the congress As we said yesterday, we expected Janet Yellen to announce that the Fed would delay a hike. Yet, she has refused to admit that...

Fed Chair Janet Yellen yesterday said that the recent weakness in financial markets may be a warning sign for the US economy. “Financial conditions in the United States have recently become less...

Market BriefIn the wake of Janet Yellen’s testimony before the House Financial Services Committee in Washington; FX traders continued selling the US dollar during the Asian session as the Fed...

• Yellen hints rate hikes are on hold In her testimony yesterday, the Fed Chair implied that near-term US rate hikes are currently on hold, in the light of the continued market turmoil. She...

The continued sell-off in global equities is the main driver of the capital markets. It, along with the push lower in oil prices, are pushing core bond yields sharply lower.The US 10-year yield is...

Governments have been getting tougher on the use of corporate tax havens.Britain recently reached a $200 million deal with Alphabet Inc. (GOOGL) – better known as Google (O:GOOGL) – for...

S&P 500 at major support USD/JPY possible trend reversal AUD/USD short term trade idea Original post

CurrenciesEUR/USD: The pair is trading above its upward trend line on a 4 hour time frame. The next support is near the 1.0883 level and the resistance is 1.1387. USD/JPY: The pair is trading below...

European markets are ready for battering once again and it seems like investors do believe that they can squeeze some more profit out of this trade by going short. If you look at the manufacturing and...