Market Overview

Asian markets have followed the lead from Wall Street as we have seen strong gains in Australia and Japan. However, concerns over the removal of selling restrictions by China’s “National...

After much hemming and hawing, and since mid-year, the Federal Reserve is finally poised to raise rates for the first time in nearly a decade. Indeed, given the speeches by the leadership and the...

The US dollar turned in a mixed performance in the week following the ECB's surprise and the healthy US jobs report. In some ways, the greenback was like a fulcrum, not the driver.The dollar-bloc...

The full implications of OPEC’s failure to cut production have been coming to bear on the oil price and energy stocks. The dramatic selloff in the energy sector seen in the S&P 500 overnight...

The market's disappointment with the ECB unleashed pent-up corrective forces in the foreign exchange market. This leg up in the dollar began in mid-October. Through the day before the ECB, the euro...

No empire has ever prospered or endured by weakening its currency.A great many insightful commentators have made the case for why the Fed shouldn't raise rates this month--or indeed, any other month....

The week ahead is among the most important of the year. Rarely is there such a confluence of events that are known ahead of time in a short period that will have far-reaching implications for...

Anticipating a yawning divergence of monetary policy between the world's largest central banks, market participants continued to drive the dollar higher over the past week. In fact, the greenback...

While the media remains fixed on supply, the rest of the financial complex is prepared elsewhere. On Monday, Saudi Arabia announced what the mainstream has been waiting for (and often blatantly...

Forex News and Events Will Santa visit this year ? The year is almost over and the market is, as usual, counting on the traditional Christmas rally to end up the year on a high note. However, this is...

• Dollar falls while yen and commodity currencies rally The dollar weakened as investors continued to cut long positions ahead of the Thanksgiving holiday, while geopolitical tensions after...

Market BriefEuropean stocks were caught in the crossfire yesterday due to mounting geopolitical tensions as Turkey took down a Russian warplane near the Syrian border. The DAX lost as much as 2%...

Aussie extends this week's recovery as RBA governor Glenn Stevens hinted that the central bank will stand pat in December. Stevens said yesterday that "we've got Christmas. We should just chill out,...

Judging by the very solid recovery in commodities, the perma-bears have gone too far.Although the initial reaction in commodities were due to the downing of Russian aircraft sparking tensions between...