Forex Trading - AUD/USD New Pivot The AUD/USD has continued through the 96 handle earlier in trading as commodities continue to trade lower. The 96 handle continues to be a key level, as we straddled that point throughout the trading day. Another break through on ... Go to Full Article

Forex Trading - EUR/USD Pushes Through 200 Day Moving Average The EUR/USD trendline break we have been talking about the last few sessions took place and the Euro has continued to trade weaker this session on worse than expected economic releases out of Germany in regards to the business...

Forex Trading News: UK Retail Sales Released Worse Than Forecast The UK Retail Sales comes out at -3.9% from the previous 3.5%. This was forecast for a drop to -2.5%. This lowest reading of the series of data (since 1986) brought the GBP down to session lows across the board. ... Go to...

Euro Tumbles Then Recovers as IFO Hits a 3 Year Low - No More Hikes From ECB? The IFO survey of German consumer confidence fell to a three year low piercing through the psychologically key 100 figure as it printed at 97.5 versus... Go to Full Article

Euro Tumbles Then Recovers as IFO Hits a 3 Year Low - No More Hikes From ECB? See the article... Go to Full Article

Long-Term View Of Market Unchanged Despite “Save The Housing” Bill The US House of Representatives have given their approval for the further financial/economic destruction of the United States. I would like to thank all of the Representatives who voted no on HR 3221. This bill is not...

For Some Products, There’s Been Major DEFLATION Rising food and energy prices have received a lot of media attention lately, along with concerns about the threat of inflation. The chart above (using BLS data via Economagic) shows a sample of products that have … ... Go to Full Article

Gold’s Tight Supply, Soaring Demand Could Keep ETFs Looking Sharp Gold bullion holdings in the world’s largest gold exchange traded fund (ETF), SPDR Gold Shares (GLD), reported a net inflow of five tons for the second quarter, making for a total of 948 tons. The price of gold averaged...

Headwinds Index: How Long Can Financials Outperform Energy? Two weeks ago, I introduced something I called the headwinds index, a simple ratio of financials (XLF) to oil (USO). It took another week for that index to bottom and the markets to rally, but since that bottom, financials have...

Earnings Around The Markets Boost Energy, Food ETFs Glug, glug, glug. That’s the sound of Pepsi’s second-quarter profit rising, which has bubbled up the food and beverage exchange traded fund (ETF). PepsiCo (PEP) reported a 9% jump in profits in the most recent quarter, thanks to strong...

AT&T Strengthening Through Wireless In this era where 80% of Americans now own a cell phone, the days before cell phones were our constant connection to the outside world are a memory growing more distant every day. Increasingly, professionals view mobile devices as an ... Go to Full...

Brazil And Its ETF Aren’t All Growns Up…Yet The iShares MSCI Brazil Index (EWZ) exchange traded fund (ETF) is treading water at the same place it did at the beginning of 2008. With the country’s rapid appreciation in recent years, is there really more room for expansion? ... Go to...

Fall In Crude’s Impact On Emerging Markets: Israel May Benefit Even with predictions of crude oil hitting $200-300 per barrel, the current drop in crude has it moving very quickly down to the $100 level. While investors have been focused on how the drop in oil will impact oil related...

Japanese Trade Surplus Shrinks as Exports Tumble June?s Japanese Merchandise Trade Balance dealt a crushing blow to the idea that countries will be able to decouple the US slowdown by replacing American... Go to Full Article

Euro Open: Will IFO Push Euro Even Lower? A deepening recession moved the Reserve Bank of New Zealand to cut interest rates for the first time since 2003, putting benchmark borrowing costs at 8.00%.... Go to Full Article