Talking Points:
Fundamental Forecast for Euro: Neutral
... Read more »
Talking Points
Identifying a Trend
Crowd Behavior
-Possible triangle is ending above 1.1150
-Possible expanded flat the works higher, then eventually lower to 1.09-1.10 ... Read more »
Talking points:
EUR/USD
Fundamental Forecast for British Pound:Bullish
Fundamental Forecast for Gold:Neutral
Fundamental Forecast for Dollar:Neutral
Japanese Yen Unlikely to Break Out Until Greece Moves
Fundamental Forecast for Yen: Neutral
• Yesterday, we discussed EURUSD and Euro implied volatility aren't accounting for possible Greek trouble
• A similar obliviousness has shown through in Chinese markets and is a long-standing issue for the SPX
• An emergency Euro-area leaders summit is scheduled Monday to discuss the growing risk around Greece
• Chinese equities have plunged this past week, be aware of contagious risk trends next week