EUR/USD: Is it Just Correcting Lower?

The United States grew 2.5% in the first quarter of 2013, while the Eurozone fell into recessionary levels. Fundamental and seasonal factors seem to anticipate a decline of the EUR/USD to 1.2750 over the short-term.

S&P 500 Index: Will It Correct to 1,500?

Last week, gold lost 15% from its recent peak. The mild inflationary picture and a tepid global economic recovery should contract US stock trends and support the US dollar for a few more months.

US Economy: Consolidation Or Slowdown?

In the US, economic data has been mixed lately. Employment numbers have surprised on the downside, while growth has contracted in some sectors.

Cyprus Is Safe. What Can Happen Next?

Cyprus might be safe, but faith in the Eurozone is decreasing. In the United States, the economic momentum remains and stocks are testing all-time highs.

The Euro Zone is Under Pressure Again

Last week, the Fed kept the monetary policy unchanged, but might reduce quantitative easing 3 (QE3) sometimes this year. In reality, investors are focusing on Cyprus, where another chapter of the euro zone history is unfolding. EURUS is leaning on key support lines. A rebound to 1.31/1.32 is possible short term.

Stocks: Boom or Bust?

The S&P 500 index is quickly approaching its key resistance line at approximately 1600. This line corresponds to the index’s high from the last 13 years, and its resistance was tested with no success in both 2000 and 2008. Will this time be different for stocks?

Eurozone: The Portuguese Rating Is Improving

The Italian rating has again been downgraded; however, Portugal and Ireland are moving out of the woods. The Eurozone stays under pressure in the short-term but the euro is likely to test the high against the dollar by the end of 2013.