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Foreign Exchange

The Markets’ Expectations

This image ran by USA Today shows how quickly the general public assumes long-term changes in trend are at hand. The general headlines said the public lost...

The Market in Perspective

Last week we had a Panic Cycle in gold and a Directional Change. Both performed on target.  As we have stated previously, the Directional Change can be, by...

EU Fears the British Referendum Will Be a Contagion

European Council President Donald Tusk has warned that the EU is in danger of a total collapse. He has come out to say that David Cameron’s referendum in Britain...

Opening Numbers for February 12, 2016

Our Opening Pivot Point for gold tomorrow is still above the market coming in as 1272.40 while the Dow lies at 15497.74. In the euro, it rests at 1.1381. Keep in...

Interest Rates

QUESTION: Marty; as you know I have worked on the bond desk and am now looking to get out and retire. You are so right. The 10 year is the old 30 year and nobody...

Opening Pivot Points for Tomorrow

Our opening pivot point tomorrow in gold will be 1217.30. This came down slightly from 1220, but it still reflects where the resistance would stand. In the Dow, it...

The Euro vs. Dollar — Feb. 9, 2016

The euro is still in a position to rally. The general view right now is that the Fed will not raise rates. With the stock market heading lower, this prevailing view...

The Euro Bounce

QUESTION: Marty: I have been waiting to sell the Euro on that reaction rally you have been calling for since your post on January 9th. You stated there that a...

Euro Crisis & the Dollar

  We are finishing up the world currency reports. The reports are not ready at this time, but we will make an announcement once they are available. As we...

As we Begin 2016, Europe’s Banking Crisis Is Still In Motion

The banks of Hungary and Portugal are in trouble. Larger buffers are needed and the economy has not yet moved into a full crisis mode. That is yet to...