Currencies

Financial Markets Trading Update: 5 Charts To Watch

Traders returned on Wednesday to see fractional gains in across the various global equites markets. Domestically, trends remain very much neutral for the S&P 500 (INDEXSP:.INX). Deteriorating sectors like Technology have not had much effect on the S&P 500 thus far… this likely due in part to Financials breaking out…

The COT Report: 3 Charts For Commodities Traders (June 2)

The following are non-commercial futures trading positions as of May 30, 2017. Note that the data were released in the June 2 COT Report (Commitment of Traders). Below are 3 charts of futures trading positions for commodities traders, including Crude Oil, Gold, and the US Dollar. Crude oil: Currently net long 434.8k,…

3 Charts That Traders Should Be Watching Right Now

The final trading day of May is seeing waving US Futures markets and flattish European and Asian markets. The US Equities market is set to finish positive for the month… which would mark gains in the S&P 500 (INDEXSP:.INX) 6 out of the last 7 months since the election (with March…

US Dollar Bullish ETF ($UUP) Looks Ready To Bounce

With the minor decline in the U.S. Dollar Index (CURRENCY:USD) during recent weeks, it looks as though the alternate scenario we wrote about in March may be playing out. If so, then the Dollar index and the related Power Shares DB U.S. Dollar Bullish ETF (NYSEARCA:UUP) may be ready to…

Currency Market “Shift” At Play? US Dollar Breaking Key Support

The US Dollar (CURRENCY:USD) has shown strength versus the Euro (CURRENCY:EUR) since 2008, with the “meat” of that strength coming in the last 3 to 4 years. This strength worked as a headwind for precious metals, emerging markets, and at times, the domestic economy. But that market dynamic is at a crossroads… and may…