In today’s FX Hour, we discussed equities creating a widening pattern. We discussed equities trading to 4 month highs on light volume ahead of the FOMC minutes. We discussed volume, volatility, inflation and interest rates. We reviewed the major indexes, major forex pairs, and commodity levels.
In today’s FX Hour, we discussed the impact of the “Inflation Reduction Act” We discussed how the increase in revenues would both accomplish reduction of money supply and decrease in demand. Both of which would slow or reduce inflation. We also discussed the fact the government will spend more than it brings in does NOT […]
In today’s FX Hour, we looked at the dollar breakout. We discussed the dollar breaking through near term resistance and saw a bounce in bonds. Both of these together usually indicate that there is additional fear and uncertainty. If the uncertainty continues into tomorrow, the yen could strengthen, volatility could climb and equities could dip. […]
In today’s FX Hour, we discussed the intermarket correlations, focusing on the pound and on commodity currencies. We discussed the concerns around central bank easing policies and the potential weakening effect on individual currencies. We also discussed the idea that weakening currencies can mean stronger commodity prices unless there is a significant slowdown in economic […]
In today’s FX Hour, we discussed the strength of the dollar and correlations. We looked at strength and weakness in individual currencies as well as comparing and contrasting currencies. We looked at the gold and silver pair and reviewed some of the recent and upcoming economic reports and the impact these reports have and could […]
In today’s FX Hour, we looked at the effects of the Brexit. We looked at the strength in the dollar and commodity prices. We looked at key levels in the equity markets, rising bond prices, tumbling yields and the further impact on banks and financials.
In today’s FX Hour, we discussed the upcoming referendum vote or Brexit vote. We discussed key market and the impact to U.S. equities, bonds, gold, oil and the dollar. We discussed different opinions and expectation of outcomes. We further discussed inflation and purchasing power parity. Probabilities are showing a high likelihood of no exit but […]
In today’s FX Hour, we discussed the 18 month flat global markets. We discussed the strongest markets being the bond market and utility sector as investors have not been willing to commit to long term positions in equities, commodities or even the dollar. We reviewed the market expectations of no Fed hike and a Brexit […]
Peter Reznicek fills in for Blake Young in this week’s FX Hour An interview with Brett Crowther, FX Instructor at Investools –What is the biggest thing impacting the dollar right now? –Could the Dollar Index (DX) break down below 92? –What is the outlook for the Pound both pre-Brexit vote and post. What will happen […]
In today’s FX Hour, we discussed the shift from no Brexit to 50/50 odds of a Brexit and the impact on the pound. We also discussed some Fibonacci retracement levels, broad market and commodity markets as well as potential moves based on Chinese economic reports and the upcoming nonfarm payroll numbers.
In today’s FX Hour, we discussed the rising probability of a rate hike during the summer. We looked at the /ZQ and what the market is pricing in in anticipation of a rate hike. The economic data is being watched carefully to provide justification for a rate hike. Friday’s GDP could be a significant tell. […]
In today’s FX Hour we reviewed dozens of currency pairs. We were able to discuss monetary policy, negative interest rate policies, the move in bonds, gold, oil, and equities while still looking at dozens of currency pairs. We also discussed a comparative approach to find the strongest and weakest currencies to pair them together.
In today’s FX Hour, we discussed market conditions in equities, bonds, commodities and currencies We further discussed the correlations and what confirming breakouts or breakdowns could push equities to retest annual highs or reverse into multi-month lows. We discussed oil and its correlation to the Canadian dollar and we discussed the central banks with negative […]
In today’s FX Hour, we discussed central bank intervention. We reviewed the Reserve Bank of Australia’s surprise rate cut, Japan’s pending intervention, the Bank of Japan, European Central Bank and Swiss National Bank’s negative interest rate policy. We discussed the correlations between monetary policies and economic growth and commodity prices.