What Last Week Tells Us About This Week Last week, the biggest market movers were bullish sentiment about Spain, both rising hopes for a bailout and its avoiding a credit downgrade from… Continue reading
Highlights of Thursday’s ECB press conference, mostly paraphrased from seekingalpha.com’s glories market currents section Markets “Draghed” Back To Reality We warned markets were likely to be disappointed by the ECB’s press… Continue reading
Lessons from the prior week’s market movers While concerns about Greece, Italy, and China loomed in the background, the two primary market movers last week were: Lack of Confidence In The Spain Bank… Continue reading
USD vulnerable to pullback from: EURUSD technically way oversold in short term That oversold condition means any EU positive news could send USD lower G-7 emergency meeting may provide that excuse Also,… Continue reading