Members were briefed on ongoing tensions in European financial markets. Concerns over the fiscal…

A slightly fi rmer tone to an uneventful evening. US equities staged a tentative recovery during Europe on continued decent US company earnings, but were dented upon the release of sub-consensus US homebuilder confi dence data. A second advance a few hours later sees the S&P500 currently up 0.5%. There

The JPY has so far been the lone mover in the Asian session, with the USD/JPY pair currently testing the 87 handle. A break higher with some follow through could push the pair to the 88 handle where we can currently see the 61.8% retracement of the latest short-term move and the fast approaching 4-100hr …

Tech is under siege after the closing bell. This includes the biggies too; IBM (NYSE:IBM) and Texas Instruments (NYSE:TXN) both reported earnings after the close and are down in the extended market trading session. Both stocks gave increased guidance for the remainder of the year but weak longs looked to take advantage …

The greenback traded mixed on Monday. The S&P 500 rose 6.37 to 1,071.25. The yen declined slightly versus the dollar. The euro gained against most of its major counterparts. The EUR/JPY advanced to 112.31. Sterling fell for a second day following its unsuccessful attempt to penetrate the 1.55-area resistance. The

The foreign exchange market was mixed at the start of the week, as the greenback advanced on the British pound while losing ground against the Canadian dollar. The US equity market stabilized somewhat following Friday’s sharp losses, with the Dow Jones and S&P 500 edging up by around 0.6% and

We have ended another lackluster Monday as the markets drifted slightly to the upside. The dollar was mostly firmer against the majors with the exception of the Canadian dollar showing resilience on the back of stronger oil and higher rate expectations ahead of tomorrow’s Bank of Canada meeting. U.S. stock