Author Archive: Jeremy Parkinson
EURUSD: Expecting Some Moderate Downwards Movement
Previous: On Wednesday the 5th of September, trading on the euro closed up. Market volatility was high during both the European and US sessions. At the beginning of the European session, the single currency dropped against the dollar from 1.1608 to 1.1543. In the US session, the euro bulls pushed the session high up from 1.1608 […]
Link Between Inflation & Output Gap
The simplest explanation as to why stocks are having a solid year in 2018 is because inflation has been tepid. Inflation is high enough to push real wage growth negative and come close to matching the cycle high, but it isn’t high enough to cause the Fed to hike rates quickly. The economy is in the 9th year of […]
EUR/USD: Trump’s Tariffs May Limit Any Gains
The EUR/USD holds onto high ground, buoyed by Brexit optimism. Markets await an announcement by the US on new China tariffs. The technical picture has improved for the pair. The EUR/USD is trading above 1.1600, holding onto some of the gains recorded on Wednesday. Reports about a breakthrough in Brexit talks sent the Pound shooting higher, […]
Is Ford’s 6% Yield More Reliable Than Its Cars?
When it comes to safety and reliability, Ford Motor Company (NYSE: F) doesn’t have the greatest reputation. And its dividend may soon be equally tarnished. The company has paid shareholders $0.60 per share every year, not including special dividends, since 2015. It cut the dividend completely in 2006 and didn’t resume paying one until 2012. The yield is a […]
USDCAD Daily Analysis – Thursday, Sept. 6
USDCAD remains in the uptrend from 1.2887. Further rise is still possible and next target would be at 1.3300 area. Near-term support is at 1.3120, only a breakdown below this level could bring the price back towards 1.3000.
E Markets: Opposition
There is a bit of a Hamlet moment for trading markets this week, some want to take arm against a sea of troubles and by opposing end them. Others are less courageous. The US divergence theme isn’t going away but its meeting up with ugly politics in the US with the net result that the […]
Emerging Market Debt Crisis – A Reality Check
There are at least three major factors that are not calculated in this perspective. The dollar debt rises exponentially in the cost to service that debt as the currency declines. It was that very relationship which sent Germany into hyperinflation during the 1920s. Germany had to print more money to make reparation payments and the more they […]
Bitcoin Is At $24,000?
Despite a myriad of bitcoin rumors (which we’ll get into below) causing the price to fall in most places, in some places, bitcoin is in fact way up!! On Iran’s Exir exchange, the price was reported to be as high as 100 million Tomans on Tuesday, which translates to about $24,000 at current prices. This comes following an […]
AUDUSD: Backs Off Lower Prices, Sets Up For More Strength
The AUDUSD pair backed off lower prices to close higher on Wednesday. Support resides at the 0.7150 level where a breach will aim at the 0.7100 level. Below that level will set the stage for a run at the 0.7050 level with a cut through here targeting further downside pressure towards the 0.7000 level. On […]
The Impact Of The U.S.- China Trade War On Their Trade To Date
According to the U.S. Census Bureau, the United States’ trade deficit with China hit a record high in July 2018, with U.S. imports of Chinese goods rising year over year and Chinese imports of U.S. goods falling over the same period. The following chart shows what the year over year growth rate of trade in goods and […]
