Currencies

This week ATW’s Jerry Simmons notes the US dollar is in bearish mode but could reverse. Gold is nearing resistance.

Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.

The “good news is bad news” dam broke on Wall Street last night despite mixed data and weak corporate outlooks, setting off the inevitable “summer swoon”. Dow down 225. (Accessible only for subscribers before 10:15 AEST)

Not everyone believes the Fed will begin tapering next month, but enough do, sending Wall Street drifting south. Dow down 113. (Accessible only for subscribers before 10:15 AEST)

An up and down day on Wall Street featured a suggestion from a Fedhead initial tapering would be mild. Dow up 33. (Accessible only for subscribers before 10:15 AEST)

Forex Traders Corner suggests the bounce in the euro against the US dollar looks set to reverse on the technicals.

Summer volumes continue, but Wall Street did manage a more familiar comeback last night. Down down 5. (Accessible only for subscribers before 10:15 AEST)

Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.

After three down-days, Wall Street managed a mild up-session last night with Chinese data adding some impetus. Dow up 27. (Accessible only for subscribers before 10:15 AEST)

Wall Street and the world are trying to come to terms with what looks increasing like the start of Fed tapering as early as next month. Dow down 48. (Accessible only for subscribers before 10:15 AEST)