Daily Market Intelligence 1-18-17
Lots of moving parts this A.M. VIX…resistance starts @ 12.80 into 13.22 its 50 DMA Euro traded @ 107.20, a level I’ve been highlighting for the past few weeks. Sustained price action above runs out all the Dollar Bulls. DXE..is … Continue reading
Daily Market Intelligence 1-17-17
Dollar traders… Going into the Speech i would look for Dollar strength to ebb. Euro & Yen are coming into levels that need to be worked through. Do not press weakness in the Euro & Yen into the Levels. The … Continue reading
daily-market-intelligence-1-6-17
February Crude expires today along with currency futures. You might get some price movement going into the last hour of London when there could be some more position squaring in the Yen before tonight’s BOJ meeting. Less is more.
daily-market-intelligence-12-20-16
daily-market-intelligence-12-15-16
The past couple of hours have been all about The divergence of U.S. vs European yields. USD/JPY is catching the biggest bid today after languishing on the crosses yesterday when the Euro ran the show. Nikkei is starting another run … Continue reading
The correction in the currencies abated going into London’s opening with the strength of the Bund vs the U.S. 10 yr. continuing to bring out sellers in the Euro. Yen had the biggest straight dollar correction, with the crosses against … Continue reading