The Euro and Japanese Yen look set for another volatile session as EU policymakers holdback-to-back summits on the festering crisis in Greece.
Euro, Yen Volatility Ahead as Eurozone Officials Meet for... (full story)
CRUDE HEADED FOR? For the last few months I have pointed out that crude was in heavy resistance on its monthly chart. That resistance was preventing a break out rally on the daily chart from the consolidation it has been in for a couple of months on that chart even though many... (full story)
NEW YORK (AP) — Stocks in the U.S. fell broadly in afternoon trading Monday following sharper drops in Europe and Asia as Greeks voted to reject the spending cuts and tax increases demanded by its creditors for additional loans. (full story)
Bias : Bullish
Point to Establish Long Exposure : Break / Close > 123.77 – 124.44 Zone
Invalidation Level: Gap Open Low and Prior Resistance at 121 . 848
Target 1: 125.85 (2015 High)
... (full story)
The EU may refuse to restart debt deal negotiations after Greece voted against terms swapping reforms for bailout funding at a referendum Sunday.
Euro Declines, Yen Gains as Greek Referendum Rejects EU... (full story)
By ELAINE KURTENBACH - AP - Mon Jul 06, 1:32AM CDT
TOKYO (AP) — Asian shares tumbled Monday after Greece's voters vehemently rejected conditions set by its international creditors, deepening doubts over their future in the 19-nation eurozone. (full story)
The British Pound may weaken as soft PMIs undercut Bank of England rate hike bets. The Australian Dollar underperformed on soft retail sales data overnight.
British Pound May Fall as June PMIs Undercut... (full story)
Kristian Kerr, Sr. Currency Strategist - Daily FX - Thu Jul 02, 8:10AM CDT
The medium-term picture at the moment in the FXCM US Dollar Index (equally weighted basket of USD versus EUR, JPY, GBP & AUD) couldn’t be less clear. There is some risk that a broader topping pattern is tracing out, but... (full story)