Rich Scalone's Latest Commentary

About Rich Scalone

Rich Scalone and his team put out daily forex commentary and research as well as short term trade ideas based on technical analysis, fundamental analysis and market intangibles. Along with daily commentary they also send out weekly commentary and longer term trade ideas throughout the month.

FX Morning Commentary 11/9/17

Good morning. Overnight trading had its share of excitement specifically in the Nikkei which had one of its most volatile sessions of the year opening close to fresh multi-year highs before falling over 3%. The move put a nice bid … Continue reading

FX Commentary 9/26/17

Good Morning. Price action remained relatively decent overnight as yesterday’s war of words between the US and N Korea kept market participants on their toes once again. Global equities were mixed as were commodities with highlights that included a a … Continue reading

FX Morning Commentary 8/29/17

Good Morning. Yet another missile launch from N Korea set off a selloff in risk overnight that took global equity indices aggressively lower, fixed income markets higher and also helped keep a nice bid to Gold(+.88%) and Silver(+.46%). In currencies, … Continue reading

TJM FX Commentary 7/18/17

Good Morning.  Price action was quite good overnight as several pieces of news catalyzed some real nice volatility.   The US Dollar is broadly weaker here this morning as the US wakes up to another failed attempt by the Trump Administration … Continue reading