In our last missive we outlined for our subscribers exactly where we thought the central investment issue of our day resided; we also discussed the ramifications of that issue, long- and short-term; and to date, it appears we’ve been vindicated. Let’s review: When the last issue went out, the ... Read more

G10 Advancers and Decliners vs USD CHF 0.19 GBP 0.17 JPY 0.14 EUR 0.09 Thin, directionless trading is the best way to describe the Asian session. And with no first their economic data released today, we should expect more of the same. Asia’s regional indexes were unconvincing ... Read ... Read more

G10 Advancers and Decliners vs USD JPY 0.36 CHF 0.02 EUR -0.01 GBP -0.62 FX markets have struggled to find a convincing direction today as global equities have been mixed on the day and Dubai fears have gradually receded into the background. Added to the lack of drivers, the ... Read t ... Read more

G10 Advancers and Decliners vs USD GBP -0.24 JPY -0.41 EUR -0.90 CHF -1.08 The USD has recouped some of its recent losses today as equity markets failed to sustain the positive momentum of yesterday’s strong rally. EURUSD has sold off markedly from its early visit to 1.49 ... Read t ... Read more

G10 Advancers and Decliners vs USD GBP 0.63 JPY 0.22 EUR 0.15 CHF 0.14 Currency markets have been stuck in relatively tight ranges for most of the day as strong equity market performances across Europe and the US negated slightly disappointing economic data releases. ... Read the full po ... Read more

It is not surprising that the Canadian dollar is marching towards parity to the US Dollar. I researched this in 2005 and was quite confident that the US Dollar will need to significantly devalue against major currencies. I did not take into account the market imperfections and government interventio ... Read more

The U.S. Unemployment Claims is the primary publication today that is set to determine the level of the USD when it is released at 12:30 GMT. The other main releases that are set to dominate forex trading, especially for currencies such as the Dollar and EUR is the publication of ... Read the fu ... Read more

In Tuesday’s trading both the EUR and GBP were amongst the biggest gainers, whilst the Yen and Crude Oil were the biggest losers. The EUR rose dramatically against its major currency pairs, mainly due to positive data from both the U.S. and Euro-Zone. The GBP seemed to benef ... Read the full ... Read more

There were more signs that the U.S. economy was improving, as a string of positive data was released yesterday from the U.S. the most significant was the Chicago PMI, which printed higher-than- expected figures in the month of August. This indicator is a primary gauge of manufacturin ... Read th ... Read more

It never ceases to amaze me what hype people will believe. The latest is a series of posts by Jim Sinclair who on August 14, started a countdown to dollar oblivion. Aug 14 2009: The Motivation Behind The Countdown 85 days to go! The primary reason for this “out on the limb statement” is t ... Read more