Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for May 11.

If you were just watching the price of crude rather than the price of retail gasoline, you may have never been able to tell that US consumers are facing some serious pain, which could be reflected in tomorrow’s retail sales figure. A weak number could put a dent into the latest dollar rally.

The US dollar is up strongly today against the euro and British pound in a classic buy the rumor, sell the news type of price action.

Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for May 10.

To arrive at a price objective, the trader can base his decision on the height of the pattern. Read more from Andy Swan.

The Fed left interest rates at 5.25 percent today and kept most of the language in the FOMC statement unchanged.

Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for May 9.

The Federal Reserve's interest rate meeting scheduled for Wednesday is one of the financial market's biggest event risks this week.

With the Federal Reserve monetary policy meeting scheduled for tomorrow, currency traders are either buying up dollars against the euro and British pound or squaring up shorts ahead of the rate decision.

The Dow Jones Industrial Average has recently broken the all-important 13,000 barrier while the dollar currently sits at all-time lows against the euro and multi-decade lows against the British pound.