Is Euro's Recent Bounce Sustainable?

Friday, May 22, 2015 Euro currency futures saw little reaction to the release of the Fed minutes on Wednesday as nothing in the notes signaled any change to traders' expectations that the Fed will hold-off on hiking the Fed Funds... Read More...

Greenback Pressured by Dovish Minutes

Thursday, May 21, 2015 The US Dollar Index sold off after the release of yesterday's FOMC minutes, which was dovish on the surface. The bulk of the language in the minutes was expected, as was the reaction by currency traders.... Read More...

Dollar Gains at Crude Oil's Expense

Wednesday, May 20, 2015 The following are the pre-report estimates for this morning's Energy Information Administration's Energy Stocks Report: Crude Oil: + 1.1 million barrels Gasoline: +300,000 barrels Distillates: +100,000 barrels Refinery Use: +0.3% to 91.5% Capacity Fundamentals "Oil's wells... Read More...

Gold Riding Dollar's Weakness

Tuesday, May 19, 2015 Gold futures closed higher for the fifth consecutive session ahead of Wednesday's release of the FOMC minutes. Many Gold traders are expecting the minutes to have more dovish internal discussions between members of the committee. The... Read More...

Does Natural Gas Rally Have Room to Run?

Monday, May 18, 2015 On Friday, June Natural Gas struggled to hold recent gains made following the smaller than anticipated Gas storage build last week. Thursday's weekly release of the Energy Information Administration's (EIA) Gas storage report showed a build... Read More...

Soybean Bonanza

Wednesday, May 13, 2015 Key estimates from Tuesday's USDA Supply/Demand Report Corn: 2015 U.S. Production 13.630 billion bushels__ 2015/16 U.S. Stockpiles 1.746 billion bushels Soybeans: 2015 U.S. Production 3.850 billion bushels __ 2015/16 U.S. Stockpiles 0.500 billion bushels Fundamentals U.S.... Read More...

Ghana Secrecy Fuels Cocoa

Tuesday, May 12, 2015 Cocoa futures continue to rise, as delayed shipments from Ghana continue to rise. The West African nation has had a disappointing crop year, and the government has been extremely secretive regarding the status of shipments, which... Read More...

Election Shock Jolts the British Pound

Monday, May 11, 2015 Leading up to the May 7th British General Election, a majority of the polling was pointing to the potential for a "hung parliament," with no party obtaining a clear majority of the parliamentary seats available. Instead,... Read More...

"It Ain't Over 'Til It's Over"

Friday, May 8, 2015 The following are the pre-report estimates for this morning's Non-farm Payrolls report: Non-farm Payrolls: 215,000 April Estimate 126,000 March Initial Unemployment Rate: 5.4% April Estimate 5.5% March Initial Hourly Earnings: +0.2% April Estimate +0.3% March Initial... Read More...

Euro Rally Losing Momentum?

Thursday, May 7, 2015 The Euro has been on quite a run since mid-April, recovering over 900 pips over the period. The bounce, however, seems to be losing a bit of steam of late. The strength in the Euro had... Read More...