Over the course of the Asia session, the Yen showed signs of firming as USD/JPY was now trading at near 127.50 and showing signs of continuing to fall.   Meanwhile Gold and Silver are starting to show serious bearish indications.…

Heading into Monday morning trading, equitiy markets appeared to be continuing their steep sell off from Friday. Indications from the Federal Reserve Bank in the United States are that signficant rate hikes are coming have rattled risky assets with stocks…

Early in London trading the British Pound made a long anticipated break below 1.3000. A multiple of tripped stop orders saw GBP/USD extend its slide all the way down to 1.2850 before recovering to currently levels just above 1.2900. In…

Breaking with the recent trend in developed countries, New Zealand inflation came out weaker than expected at 6.9% Y/Y (Expectation: 7.1%). NZD/USD looks to be peaking out at .6800 and can encounter stiff resistance at this level moving forward.  …