Index Pulls Back After the Initial Surge
The Friday close could tell us a lot about how people feel about holding on to risk assets. The S&P 500 index […]
Surge Higher a Warning for Traders to be Careful
The USD/MXN surged higher yesterday with a rapid movement that likely took many speculators by surprise and may have proven expensive. Yesterday’s […]
British Pound Gives Up Initial Surge
I believe we will continue to see more of a “fade the rally” type situation in this pair. The British pound initially […]
Index Pulls Back from Recent Surge Higher
I think a pullback is imminent, and probably healthy if you are bullish longer-term. The DAX fell a bit on Tuesday to […]
Euro Recovers as Coronavirus Cases Surge in Europe
Previously, Lagarde said that the ECB is ready to deploy more monetary stimulus to aid the Eurozone’s economic recovery. This week the […]
Canadian Dollar Advances Despite Surge in Coronavirus Cases
The bank of Canada Tiff Macklem said on Thursday that it’s certain that the Canadian government will exit the pandemic with higher […]
Yen Gains as Demand for Safe Havens Surge
So far this week, the Japanese yen has advanced 0.64 percent against the US dollar, continuing with a three-week gaining streak. Advertisement […]
US Dollar Falls as Coronavirus Cases Surge
The US faces the risk of longer-run damage to the productive capacity of the economy as well as to the lives of […]
German Retail Sales Surge, Euro Soars
Germany, UK considering further lockdowns; Eurozone economy improving, though worse than expected. Advertisement According to Germany’s Federal Statistical Office, retail sales rose […]
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