The British Pound is attempting to break though the 50 day SMA, which is providing resistance.
London Calling
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Less Than Zero
Bank of Canada (BOC) Governor Stephen Poloz commented on Tuesday that should condition warrant, the BOC is prepared to move its key policy rate below zero!
Loonie Divergence
Canada has seen a decidedly mixed bag of economic numbers for 2016.
Warm Start To Winter Keeps Natural Gas Prices In Check
It appears that winter is going to take its sweet time arriving this year.
Will Strong El Nino Warm-up Coffee Market
The so-called ?tropical softs? commodity markets of Coffee, Cocoa and Sugar are starting to show some increased trading activity.
The Wide World OF Eurodollar Futures
Eurodollars are deposits in foreign banks held in U.S. dollars. They have nothing to do with the Euro currency.
Bull?s In The ?Red? As Copper Prices Tumble
Copper futures have been an ideal market for trend following traders since mid-summer as prices have been mired in a rather steady price decline.
Euro Slide Continues
The terrorist attacks in France come on the heels of less than inspiring growth rates in the Eurozone for the 3rd quarter.
Crude Declines Despite OPEC Output Cut
The Crude Oil market, like most commodities, is mired in a bear market slump.
You Get a Job! You Get a Job! Everybody Gets a Job!
The October non- farm payrolls came in way above expectations last Friday.
Apparently Rain Really Does Make Grain
U.S. Grain and Oil seed producers once again exceeded expectations for this season?s crops, despite above average rainfall early in the growing season.
Cattle Price Recovery Fades On Demand Concerns
Ample supplies of both pork and poultry are starting to affect beef prices.