Market Analysis

Greenback took a double hit

By Hussein Sayed | August 17, 2017

The U.S. dollar remained on the defensive early Thursday, after yesterday’s declines led by increased uncertainty over another U.S. rate hike in 2017 and President Donald Trump’s fiscal agenda after abolishing the Manufacturing Council and Strategy & Policy Forum.

Dog days of crude

By Phil Flynn | August 17, 2017

Crude oil prices were a dog yesterday as the summer doldrums and rising U.S. oil production failed to inspire the market despite another near record crude oil draw. The market also fell on a report that the United States will sell more oil out of the Strategic Petroleum Reserve. Shale hopes may run high as we get into shoulder season yet the drop in oil inventory will start to become a concern as soon as the normal players start paying attention to massive crude drawdowns and near record global demand.

Morning Mash

By The TradeXchange | August 17, 2017

On the heels of a mixed Asia market and a lower European session, the U.S. futures are pointing to a somewhat lower open this morning.

Daily Price Action: E-mini S&P 500

By Al Brooks | August 17, 2017

Al Brooks provides bar-by-bar analysis on a five-minute chart of the previous day’s prices action in the E-mini S&P 500. This is his analysis for Wednesday, August 16, 2017.

Gold’s breaks below $1,270—third time lucky?

By Przemyslaw Radomski, CFA | August 16, 2017

The last couple of years and—in particular—the last couple of months were very difficult for gold traders—i.e. they were boring. Despite several huge daily price swings, the precious metals market has not been going anywhere, moving in and around the $1,100 - $1,300 price range.

Pages