Crude oil prices are moving lower after President Trump backed away from his proposal to impose a 20% reimbursement fee on all cargo ships exiting the Strait of...
As Fed Chair Warsh's testimony continues on Capitol Hill - and pos better-than-expected CPI data -the U.S. stocks are extending their gains. The NASDAQ is up ab...
The U.S. dollar is under pressure after June CPI came in cooler than expected, reinforcing the view that inflation continues to move in the right direction. Hea...
The USD is higher vs the 3 major currency pairs - the EURUSD, USDJPY and GBPUSD. The move to a peace deal with Iran "is over" leading to a flight to safety move...
The EURUSD has slipped back below its 100-hour moving average as the U.S. afternoon session gets underway, shifting the near-term technical picture. The 100-hou...
The RBNZ will announce its interest rate decision during the New Zealand trading day (10:00 PM ET / 2:00 PM NZT Wednesday). While the consensus leans toward a 2...
Crude oil futures have been trending lower since topping out at a corrective high of $110.93 on April 30. That decline extended to a low of $67.04 last week, a ...
In a video yesterday, I spoke to the resistance in the Nasdaq index near the 200 hour MA and also commented on how the QQQ ETF was testing its converged 100/200...
The USDCAD has been one of the strongest trending currency pairs since May 1, rallying from a low of 1.35492 to a peak of 1.42473, a level that capped advances ...
The USDCHF is trading higher on the day, with the latest push lifting the pair back between its key 100- and 200-hour moving averages (blue and green lines on t...
The USD is mostly higher with only a small declined vs the JPY (-0.08%). The greenback is higher vs the rest of the major currencies with the USD higher by 0.23...
Nasdaq Today: Bears Have Control Below 29,840, But Traders Should Be Careful Chasing WeaknessPrediction Score: -5 / +10Current bias: Bearish while Nasdaq remain...