The market took a break following the rapid and hefty changes seen yesterday, where risk trades were dumped, and it was a quiet session in terms of news. Things were calmer today, as European shares traversed some of yesterday's losses,…
Continue ReadingUS Stock index futures erase overnight losses, new point to higher open as busy week kicks off: S&P 500 E-mini futures up 0.5%, NASDAQ futures, DOW futures up 0.6% Apple is being investigated by the German cartel office Oil rose…
Continue ReadingThe USD is the strongest of the majors going into a huge data day in the US, while the GBP is the weakest. At the bottom of the hour, the US will reveal retail sales, PPI, and empire manufacturing data.…
Continue ReadingIt was a very quiet session, although the market is showing some moderate movement heading into North American trading. For the most part, FX was calm, but in the last hour, the dollar started to make ground, gaining modestly across…
Continue ReadingA couple of relevant points to keep for the day are outlined. The ones for EUR/USD are bound to keep price action stable at current rates, with major ones expected to drop off later this week in the range of…
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