Hi friends,

I just thought it was time to reflect back on my update on 20th April http://www.ionlinetradingforex.com/urgent-update-nifty-likely-to-fall-20th-april-2011/ where I had warned Investors to stay away from the S&P500 and Nifty when the media was busy predicting new highs!!! At that point in time there were clear indicators, fundamental as well as technical, which indicated [...]

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Hi friends,

Quite an interesting week that went by. Massive sell off in commodities, gold, silver and basically anything pegged against the dollar. Most major currencies declined against the dollar. So how much have things changed in the past week to support a reversal for the dollar? The answer is not much really!!! The basic concerns [...]

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Most of the moves were within the parameters mentioned last week. Prices did exhibit volatility especially after Mr Trichet’s hawkish messages and signalling a rate hike in the next meeting was possible. But seriously prices were already displaying that a breakout on the euro was just around the corner. So price action precedes news [...]

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The US stock markets continued to grind higher. Money since the start of the year has moved out of emerging markets into developed markets. My view had always been that the US markets would move higher despite all concerns . There is just too much liquidity around and most companies on the S&P500 and [...]

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The past week was pretty exciting with the major surprise being the lower than expected GDP (QoQ) (4th Quarter) of the UK (-0.5% v/s expected +0.5%), a whole per cent reduction. The reaction in the GBP was almost immediate with gap downs in most crosses. The Eurozone data was [...]

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The last week went off as expected. The S&P500 reacting near the 1300 mark and most of the currency pairs mentioned achieved their respective targets. The earning of most companies in the S&P500 continues to beat expectations and till interest rates remain low the market would continue to move up. Germany continues to be [...]

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Hi Friends,

Back after a good break. Markets have started picking up. Some markets continuing their northward journey like the S&P500 while others like the Nifty and Shanghai reacting southwards. Data from the US has been positive and does indicate some improvement but as long as unemployment continues to remain at elevated levels the recovery could [...]

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The week went off as expected. The Fed decided to hold rate which was expected. The 10 year treasury yields are showing signs of a reversal which also was stated last week. Economic data from US continues to surprise on the upside. Advance retail sales were better than expected. Employment continues to be a [...]

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The US stock markets closed on a very positive note although the volumes have been below average. There were no major negative news and most economic data were around expected lines. Although the Euro has been struggling on account of the Ireland bail out , Germany seems to be propelling ahead in terms of [...]

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The past week went off as expected. The USD rebounded against most major currencies which resulted in a correction in US markets as well as most emerging markets. It is an irony that market will often finds reasons for profit taking when there is an imbalance in markets. This time the trigger was fear [...]

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