Currency |
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USD/JPY Currency Pair Could Show Brief Recovery
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Japan's second quarter GDP is anticipated to be revised down to an annualized rate of -0.7 percent, reflecting contraction in the economy for the first time in two and a half years.
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Dollar Plummets to 22-Year Low
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The US dollar fell to fresh 22-year lows, as a dismal Non Farm Payrolls employment report sent the greenback and the Dow tumbling through the afternoon.
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Euro Commodity Crosses Headed Higher
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Currency technical analyst Jamie Saettele analyzes the euro against the Canadian dollar, Australian dollar, and New Zealand dollar.
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Japanese Yen Ready to Break?
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Jamie Saettele favors the bearish side as long as price is below 116.46, as the decline from there is impulsive.
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Yen Firms as Fears Grow NFP Will Be Weak
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The yen firmed as Japanese investors repatriated funds home ahead of the October fiscal year end.
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The Odds Czar: Index Futures Biases for September 7
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Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for September 7.
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High Margin of Error
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Investors are being told that they have a great opportunity before them – because, the market has ‘bottomed out,’ and stocks are the cheapest they’ve been for 12 years.
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Expect Only 25 and Not 50bp from the Fed
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It is highly unlikely that the US central bank will forgo cutting interest rates, since it is fully priced into the market.
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Friday’s NFP Report Could Make or Break Fed Rate Cut Expectations
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This Friday, the non-farm payrolls report for the month of August will be released, and the indicator is a proven market mover given its popularity as a barometer for conditions in the US labor market.
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Chinese Yuan Sets Another High Against the US Dollar
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The yuan closed at 7.5355 to the dollar on the exchange-traded market, the lowest level since July 21.
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