The US dollar has spent quite a bit of time during the month of September going back and forth, as we have bounced around between the 19 MXN level and the 20 MXN level.
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During the month of September, we have seen the NASDAQ 100 bounce around quite significantly.
During the month of September, we have seen a lot of volatility in the S&P 500, as markets continue to look to the Federal Reserve for some type of directionality.
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Gold markets have been absolutely explosive during the month of September, and I do believe that the upward momentum continues.
USD/INR: Higher Values Pursuing a Cautious Bumpy Trade Route
USD/ZAR: Healthy Bearish Trend Sustains Lower Trading Values
EUR/USD: Price Velocity and Momentum as Volatility Remains
The US dollar has shot straight up in the air like a rocket against the Mexican peso during the month of August, as we are threatening to break above the 20 pesos level.
The NASDAQ 100 has seen quite a bit of volatility during the month of August, but quite frankly we have seen buyers come in and pick this market up off of a floor that was formed by the 50-Week EMA.
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The S&P 500 has seen quite a bit of buying pressure during the month of August after selling off viciously during the previous month.
Gold continues to be very positive, as the month of August has been very strong.
The West Texas Intermediate Crude Oil market, or US Oil, has been all over the place during the month of August, basically settling unchanged.
The EUR/USD is within the middle of its one month chart, this as August gets set to start and the Federal Reserve promises to deliver rhetoric later today which will cause volatility.
The USD/ZAR has traversed higher in the past couple of weeks, but the currency pair is within a trading range which seems to be expressing equilibrium instead of nervousness.
The USD/INR is trading within the higher elements of its long-term price range, and it has become clear the Indian government is set upon controlling the known realm of the currency pair in an effort to manage the economy.