Yen-Yikes!
Talk about fundamental disconnect–yikes! Traders are all over the Japanese yen–it is the soaring against all comers. Some traders are eyeing the 85 level, an area not seen since 1995.
Read MoreTalk about fundamental disconnect–yikes! Traders are all over the Japanese yen–it is the soaring against all comers. Some traders are eyeing the 85 level, an area not seen since 1995.
Read MoreLast week, we saw the USD gain some stability and support. Will data this week continue to support the USD’s cause? Or will it cause it to falter? Check what’s coming up this week in today’s roundup!
Read MoreMr. Orwell, the Ministry of Truth would like to see you… “Demonstrating the repeated abuse of language by the government and by the media in his novel, Orwell shows how language can be used politically to deceive and manipulate people
Read MoreHmmm… The Fed just released its latest FOMC statement, and once again, gave us a combination of optimism and pessimism. It seems like they are hoping that consumers would pounce on anything that hints of a recovery. Then again, words are just words without evidence so let’s delve into the deep and see what’s really happening underneath the surface.
Read MoreThe Greenback surged like crazy yesterday, beating down most major currencies except for the Yen. Will the high-yielders get burned again today? Or is it the Greenback’s turn to get knocked down?
Read MoreHere we sit with nothing but blue skies ahead. Kind of reminds me of the popular song of the same name (I enjoy the Frank Sinatra and Willie Nelson versions of Blue Skies).
Read MoreAnother crazy day in the Forex world yesterday as the FOMC report rocked the markets! Don’t know what happened? Check it out in today’s roundup!
Read MoreQuiet so far this morning in front of the Federal Reserve Bank’s pronouncement on all things monetary due out later this afternoon. We wait to hear how Mr. Bernanke & Co. will decide to save us from ourselves yet again.
Read MoreIs it just me, or does it seem like every time you turn on the TV nowadays, you hear something about Twitter? You may have noticed that we have been playing around with Twitter for a little while now, as I’ve been managing the account for the best forex site ever…
Read MoreSome of you may not know this … but this week is Climate Week. The goal is to spread the word about climate change and the importance of enacting climate change legislation that addresses key problems associated with man-made global warming.
Read MoreThe British pound, relative to the euro or the Australian dollar, has traded heavy over the last two months.
Read MoreWelcome to another week of trading, my forex friends! Before you jump right ahead and make some pips off today’s price action, make sure you check out the daily economic roundup!
Read MoreMaybe some of you have been receiving the same email I have been getting; it says the market will crash sometime between Thursday, September 17th and Monday, September 28th.
Read MoreAlmost the weekend fellas! With little economic news on deck today, will high yielders be able to push even higher? Or, with it being a Friday, could we see some profit taking take place?
Read MoreJust a while back, one could probably say that there was a strong correlation among higher-yielding currencies. But now, I’m not sure if we should include the pound into that equation, given the crazy and wild swings by pound pairs the past couple of weeks.
Read MoreIt’s turning out to be a long September down a one-way street for the buck. The decisions of investors who’ve jumped in on stocks and risky assets are being validated by three things
Read MoreLet’s give the comdolls a round of applause for another stellar show yesterday. If this keeps up, I might just consider changing countries!
Read MoreMy father in-law, the family gold bug, makes sure I know that gold is going up, in case I haven’t noticed. He’s loaded to the gunnels with gold and silver (no bomb shelter yet that I know of).
Read MoreIt was a crazy day yesterday with both the pound and the swissy making some wild swings. Will we see the same volatility today? Well, it’s probable given the top tier economic reports on tap. Better check out our daily economic roundup!
Read MoreLast week, I pointed out in my daily economic roundup that the Swiss economy replaced the US atop a list of best performing economies. The World Economic Forum applauded the Switzerland for being innovative and stable in a time of crisis. The question to ask is, is there data to support this?
Read MoreLook at a day when you are supremely satisfied at the end. It's not a day when you lounge around doing nothing. It's when you've had everything to do, and you've done it.Margaret Thatcher