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EURUSD: Eyes on 1.1900 or 1.1700

Treasuries and Wall Street futures are higher, albeit fractionally, after Friday’s rally on Fed Chair Powell’s comments that seemed to take QE tapering off...
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Rebalancing into the quarter end and NFP week

Equity futures are mixed ahead of the Wall Street open, with the USA30 adding over 80 points or about 0.25%, the USA500 flat, and the...

Live Commentary on the back of ECB and US Inflation!

US CPI increased 0.6%, with the core rate up 0.7% in May, both hotter than projected and tempering only slightly versus respective gains of...

The Greenback against the offshore Renminbi – Closed below a 3-year low

Overnight, the decline of the US Dollar against the offshore Renminbi (USDCNH) was suspended and closed slightly up 0.35% to 6.3736. In any case,...

Pound’s, Dollar’s and Euro’s Pros and Cons

The US Dollar rallied, extending the bounce out of the lows seen yesterday following sub-forecast April ISM and March construction data. The narrow trade-weighted...

Market Update – April 29 – What a night!!!

Market News Today –  Japan was closed for a holiday today but elsewhere stock markets got a boost from the FOMC's commitment to ongoing...

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