Commodity prices have fallen sharply over the past few months, but some are unhappy with the decline in crude oil and OPEC may attempt to stem the drop on Friday. What are they planning on doing and how will this

US home prices fell for the sixth consecutive month in August as the FHFA's index slipped 0.6 percent. However, outside of a jump in the index in February, prices have actually slumped continuously since May 2007. Indeed, the collapse of

The statement issued by the Bank of Canada following Tuesday's policy meeting, when the overnight rate was cut by 25 basis points to 2.25%, indicated significant revisions to the economic outlook for both Canada and the United States. The Bank

Poor profit and economic reports hurt the sentiment on equity markets and was supportive for the dollar. Allan Greenspan, testifying before Congress, said stabilization of U.S. housing markets, a necessary precondition for the economy to heal, is "many months in

The US dollar climbed to a fresh two-year high versus the euro and a basket of currencies on Thursday as investors continued worry of a severe global recession and continued to unload risky assets like stocks in favor of reserve

A wild day on the equity markets played havoc with dollar valuations. The DOW traded between a 275 point gain and a 276 point loss which at one point took USD/JPY to its lowest level since March 17. The dollar

The decline of the Canadian dollar since the BoC's decision earlier this week should help to eliminate a common misconception," said Matthew Carniol, chief currency strategist at TheLFB-forex.com. "We often read and hear that events are "priced in" before they

Burgeoning fears of a potentially severe global economic recession continued to prop the dollar and yen higher amid sentiment that the ECB and BoE will need to aggressively ease policy to stimulate their economies. Safe haven flows propped the greenback

Not that we're experts on psychology, but the only way to describe Thursday's trading session is "bi-polar." The DOW swung between a 275 point gain, and a 276 point loss. Then it was up again. Then down. Then up again

The US dollar story wasn't much different than it has been for the past few weeks, as lingering risk aversion led the currency higher. However, it seems that we're starting to see signs of stabilization in the financial markets and

The dollar traded mixed against other key currencies Thursday after a report showed US foreclosure filings climbed 71% y/y in Q3 2008. US stocks had a volatile 550-point-range session. A rally in the last half-hour of trading left the Dow

The buck sold off in NY trading as the counterintuitive relationship of higher US stocks and lower USD held again. US equities rose 1.25% led by surges in energy and utilities stocks. EUR/USD jumped more than 140 pips in the

The Euro-Dollar pair held its ground today, after heavy selling pressure brought the pair down about 700 pips in the last 3 sessions to the 1.27 level. That is the lowest this pair has been since December 2006.

Both candidates want to compensate the world for the weather.

The downside trend was evident on the pair yet as it somewhat stabled during New York's session yesterday, this didn't stop the pair from further extending its losses. The neutral trend seen yesterday helped the pair get exit an oversold

Since the end of Sep, the USD/CHF has been trading in a rising phase. At the beginning of Oct, the USD crossed the 1.14 resistance level and rebounded back in the old trading range. Now the currency pair seems to

The Euro has found support at 1.2730 but the downside remains under pressure and a potential break will bring the lower objective at 1.2460 on focus. On the upside, intraday resistance starts at 1.2860 followed by 1.3 and 1.3140. Daily

The USD/JPY pair plummeted by 334 pips from the highs of 100.56 to touch the bids of 97.22 yesterday. All the major stochastic are highly oversold and the immediate trendline support comes at 95.75. The immediate resistance for the pair

GBPJPY has competed W.4 in both timeframes and is moving lower in an impulsive decline that will likely mark the completion of W.5. The impulsive structure of this final wave is readily apparent in subdivisions of the smaller timeframe where

Former Federal Reserve Chairman Alan Greenspan called for tighter regulation of financial companies, distancing himself from the free-market culture that he helped to create.Firms that bundle loans into securities for sale should be required to keep part of those securities,