Sergey Golubev / Blog
US DOLLAR TECHNICAL ANALYSIS Prices found interim support and mounted a cautious recovery after declining to a two-week low. A daily close below the 38.2% Fibonacci retracement at 11887 exposes the 50% level at 11839. Alternatively, a rebound above the 14...
EUR: Draghi Gives EUR Legs. Bearish. "The ECB did not push back against higher yields in the Euro Area, which could offer some near term support to EUR on the crosses...
Technical Developments to Watch: EUR/USD still below key trend line resistance at 1.1380 GBP/USD testing key support at 1.5190 USD/JPY at a 13-year high, bias bullish above 124.15 NZD/USD in play, potential for another leg lower if RBNZ cuts rates...
Here's what you need to know about money and investing this weekend. It’s not a good idea to tell people they’re not saving enough for retirement. Have you ever been tempted to borrow cash on your credit card? Don’t be. Wasik also has advice for student loan borrowers...
"From a USD perspective the key development longer-term is the break to new multi-year highs around 125.00 seen in USDJPY, which has corresponded with fresh widening in US – Japan rate differentials. Many observers see the JPY as no longer expensive from a valuation perspective...
PepsiCo’s CEO Indra Nooyi was right. Now what? An audacious strategy shift beyond unhealthy snacks and drinks was prescient, but the challenges are still daunting...
Gold was reaching the lowest trading level since March 19th. However, a lower channel support trend line held and the dollar peaked as well and started to correct. The lower channel trend line was tested at the 1163.50 area. The low price extended a little below that level to 1162...
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Gold enthusiasts, who love the shiny metal as much for political reasons–like their distrust of fiat money–as they do for its investment potential, have been searching for a story for why it will reach the lofty heights of 2011 once again. "The likelihood of higher interest rates in the U.S...