Stocks and Dollars

It is not excluded, that at the given stage the wave (b) [iv] If the assumption is true can be expected the further reduction of price as the impulse or the Triangle (c) of [iv] was generated. At the same time it is impossible to exclude possibilities of continuation of

Prior to the earthquake that devastated Christchurch, New Zealand’s second largest city, the kiwi established a bearish trend to the U.S. currency. Since the middle of March, the New Zealand dollar has rallied over 500 pips and has established a bullish trend as the pair trades comfortably above both the

Sentiment remained positive but asset class performance was limited to commodities and risky currencies. US equities are unchanged, spending the evening ranging sideways as portfolios were stayed on the sidelines into quarter end. The CRB commodities index bounced 1.5%, oil up 2.0% to match March’s multi-year high, copper up 0.8%,

Japan’s manufacturers expanded more than market expectations about the economic outlook before the massive earthquake that damage the economy on March 11, evidence that the nation was rebounding before the quake.

Non Farm Payrolls (NFP) is one of the most important and influential economic reports for the currency markets. The next NFP report will be released this Friday 1st of April at 12:30 GMT by the US Bureau of Labor Statistics. NFP expresses the paid jobs added or lost in the

The dollar was weaker ahead of the release of tomorrow’s official employment report and the euro firmed following higher than expected inflation data and the release of the Irish banks stress test results. The release of the Irish stress tests showed that an additional 24 billion euro in capital would