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Forex Trading, Market News & Technical Analysis

Joseph Trevisani

Recent Posts

u.s. new home sales falter, following housing starts and permits

Posted by Joseph Trevisani on May 23, 2017 2:53:14 PM

Sales of newly built homes slipped in April from the strongest pace in almost a decade, following unexpected declines in housing starts and building permits, suggesting that the increase in mortgage rates may be beginning to affect the housing market and that tomorrow's existing home sales could be a disappointment. 


merkel propels euro to six month high

Posted by Joseph Trevisani on May 22, 2017 5:30:37 PM

The euro rose to its best level against the dollar in six months after German Chancellor Angela Merkel said on Monday that  the united currency was "too weak', a comment German officials have made in the past but not to such effect.


Oil Moves Above $50 for the first time in three weeks

Posted by Joseph Trevisani on May 19, 2017 3:59:23 PM

The price of a barrel of West Texas Intermediate crude oil broke above $50 on Friday for the first time in three weeks as OPEC and Russia were reported ready to announce a nine month extension of their current production restraints and to be considering even deeper cuts in an effort to curtail global supply. 


Equities and the Dollar Gain on Comey Testimony

Posted by Joseph Trevisani on May 18, 2017 4:35:29 PM

Markets reacted swiftly to a report on news website ZeroHedge that former FBI Director James Comey had denied under oath being pressured to end  the bureau's investigations. His response did not appear to be specific to any one investigation.


Politics Trumps Markets, Equities, Dollar Fall, Bonds, Gold Soar

Posted by Joseph Trevisani on May 17, 2017 7:30:32 PM

In the six months since the U.S. presidential election markets have taken the optimistic view of a Trump administration. Equities have soared to record highs, the Dollar Index added more than 6 percent, Treasury yields jumped to an almost three year top and gold plunged as traders decided that a unified national government under the Republicans would, all things considered, be good for business and the economy.


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