Get Forex buy/sell signals directly to your email and by SMS.To learn more click hereDaily EUR/USD Technical AnalysisDaily EUR/USDYesterday’s close on the bearish side of a major retracement zone at 1.3606 to 1.3584 put the EUR/USD in a weak position to begin today’s session. This led to early selling pressure that drove the Forex pair through a major uptrending angle […]
The Frankfurt stock exchange today. Photograph: STRINGER/GERMANY/REUTERSLast night’s dovish tone from the US central bank has lifted European stock markets, pushed the pound higher, and sent the VIX volatility index down to its lowest level in around eight years.The Fed sparked the rally last night, by giving no clear indication of when interest rates might rise, and by refusing to […]
After closing 2014 at a then-all-time-high of 1,848, the stock market (represented by the S&P 500) has been on a bit of a wild ride since the beginning of the year.It climbed to its now all-time high of 1,850 on Jan. 15, then tumbled all the way to 1,737 on Feb. 5.Turmoil in the emerging markets had market watchers everywhere […]
Markets finally ended in the green for the first time this year thanks to gains in healthcare stocks and a lower trade deficit. The S&P 500’s first positive finish this year also helped it avoid the record of having the worst start to a year since 1978. Also, investors mood was somewhat lifted by the confirmation of Janet Yellen’s nomination […]
by FS Staff“So the Fed kept filling up the punch bowl and instead of going into inflation of goods prices, it went into an inflation of asset prices. That’s inflation in the same way, but it’s not called inflation. So if the stock market goes up and doubles, we don’t say, ‘Oh, my God-there’s been inflation!’ Or, if housing prices […]
It is highly probable that a short-term correction is developing in the markets.The price point to watch on the Dow Industrials is 15750 and on the Transports it is 7100. If these levels hold solidly over the next few days then we will more than likely have a year-end rally. However, if they break over the next week or so […]
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The Dow and S&P 500 finished at record highs on Wednesday boosted by strong earnings result from Macy’s that sparked optimism about a strong holiday season. Also helping the mood were comments from Janet Yellen, ahead of her confirmation as the next Fed chairman. Yellen said there is “more work to do” to boost the economy and labor market. All […]
