Market Overview

The hard-data support for the Eurozone recovery remains thin at this point, and so today’s revised number on inflation for August will be closely watched for renewed signs of...

The US Dollar trailed the pack through the European session as EUR/USD gained to US$ 1.3354, USD/JPY slumped to ¥98.44, GBP/USD improved to US$ 1.5956, and USD/CHF weakened to CHF 0.9232. USD...

EUR/USD Today’s support: - 1.3294 and 1.3252(main),where correction is possible. Break would give 1.3235, where correction also may be. Then follows 1.3207. Break of the latter would result in...

Even given the failure of hyperinflation to pass since a variety of pop-Austrian TV finance pundits predicted it since 2008 in the wake of the various quantitative easing programs, the world at large...

EURUSD – Gaps Higher, Sitting Just Under key Resistance Last week we talked about an intra-day breakout on the EURUSD which was followed up with a pin bar. We suggested looking for longs off...

The pixels were barely dry on my regular weekly preview before we got news that Larry Summers had withdrawn from consideration. Here is what I wrote yesterday, reproduced here to illustrate the...

During the recent deep recession and slow recovery, U-6, an alternative measure of unemployment issued by the Bureau of Labor Statistics, has received increased attention. People often refer to U-6,...

The press and the blogosphere has been full of articles about the five year anniversary of the Lehman Crisis. What was most striking to me are Pew Research's survey results showing the anemic and...

As we enter the week of September 16th, 2013, everything appears to be hinging on the FOMC announcement Wednesday at 2pm EST. Chairman Bernanke will hold a press conference at 2:30pm EST which will be...

US foreign and domestic policies face cruel dilemmas. If the ban on chemical weapons is not enforced, the threshold will be more difficult to defend in the future. It risks undermining the credibility...

I had hoped for a far more interesting day on Friday. If you like whippy price behaviour then you will have found it interesting. It has left the dollar in a rather balanced position neither...

Consuelo Mack of WealthTrack recently conducted an interview with Nancy Lazar and François Trahan, both founders of the new macro strategy firm, Cornerstone Macro LP. Lazar and Trahan note in...

Market movers ahead We expect the Fed to initiate the tapering of the QE programme at next week's FOMC meeting. We expect a reduction in treasury purchases of $10 billion. Ben Bernanke is expected to...