Global capital markets continued to be driven by confusion over peripheral debt within Europe, as well as, the direction both the FOMC and ECB will take to stimulate both the US and EU ...
The Swiss franc reached its lowest level since July, pushing above the 5-day moving average and running into resistance at the 50-day moving average. Next week the 5-day moving average is likely to ...
Gold prices reached a new all-time high this week, moving above 1,900 dollar per ounce. Profit taking, and a shift by investors back towards higher risk assets such equities in light of slightly ...
The Jackson Hole speech was the generating force behind this week’s financial market movements. U.K. Q2 GDP, as expected, was confirmed at 0.2% q/q and 0.7% y/y, which encouraged some ...
The Euro was under pressure during the week, but was able to hold support levels near the 10-day moving average at 1.4250. Resistance is seen near 1.4550, which has held during any upward moves ...
Gold prices were on a wild ride during the ladder half of the week. The yellow metal touched a new all time high, pushing above the old high and posting a new high near 1880. Support is ...
Renewed pressure on the capital markets began mid week as investors focused on European banks and their exposure to peripheral debt. The NY Federal Reserve reported that it was meeting with the ...
The Yen consolidated near the lows at 76.50 until the BOJ stepped in an sold Yen to push the market back to the last intervention level near 80.50. Support is the 20-day moving average which was ...
Gold prices shot to a new all time high during the week, convincingly breaking through resistance levels near 1620. The 5-day and 20-day moving averages are short and medium term support ...
Riskier assets were hammered throughout the week, as investors continued to sell equities, oil, and buy the Swiss Franc. The Yen strengthened mid week to the 76 level before the Bank of Japan ...