Tue, 13 May 2008 12:18:00 MDT
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Written by Moshe Shalom
If you believe that the USD complex is on the verge of a multi-month reversal for fundamental reasons, like we do, then one of the most interesting tasks is to choose where to trade this reversal in an optimum way.
Wed, 07 May 2008 15:08:50 MDT
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Written by Moshe Shalom
For some time now, the USD is looking like a bargain for many reasons: First and foremost, because everybody hates it. Second, because it is still, and for a long time to come, the strategic reserve currency of the world by which every known commodity is quoted by.
Fri, 02 May 2008 13:22:00 MDT
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Written by Kathy Lien
To the relief of dollar bulls, US corporations cut only 20k jobs in the month of April compared to the market's -75k expectations. The unemployment rate also dropped from 5.1 to 5.0 percent, triggering a widespread dollar rally.
Mon, 28 Apr 2008 15:01:32 MDT
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Written by DailyFX Research Team
The Conference Board’s consumer confidence survey has proven to be a potential market mover over the past two months. Although, with a week full of significant event risk including an FOMC rate decision, GDP and NFP’s, the markets may overlook the indicator.
Tue, 22 Apr 2008 14:12:31 MDT
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Written by Moshe Shalom
There is no real respite from the current financial crisis without some return of the risk appetite that was before its beginning. And, the most indicative sign for such a development would be some return of the Carry-trade mechanism that was so in vogue in the previous years.
Thu, 10 Apr 2008 05:26:28 MDT
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Written by Moshe Shalom
The general feeling of all the participants in the financial markets game is of dismay and despair. From a "small" problem in the US housing market (Sub-Prime), we have arrived to a possible meltdown of the global financial markets (Bear Stearns Bailout).
Thu, 03 Apr 2008 05:25:33 MDT
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Written by Moshe Shalom
The Canadian currency is thought off as a commodity currency. By being so, it should have a leveraged behavior against the USD. Let's look at the weekly chart to see what this pair is doing these days
Fri, 28 Mar 2008 05:42:46 MDT
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Written by Moshe Shalom
It seems that the EURO wants to continue its ascent that started in November 2005 but has arrived at an interesting decision point. Since it was at 1.1650, the pair has been on the most impressive climb that any financial assets can have.
Sat, 22 Mar 2008 14:43:54 MDT
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Written by Forexcycle
GBPUSD's down trend resumed and dropped sharply to as low as 1.9736 level. Further fall to retest 1.9337 previous low support is still possible. Near term resistance is now at 2.0090, as long as this resistance holds, we'd expect down trend to continue.
Tue, 18 Mar 2008 21:25:42 MDT
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Written by Moshe Shalom
The USD is in a bad shape and you do not need us to tell you so. The problem is to know what is the preferred way to save the purchase power of your capital in these times.
Mon, 17 Mar 2008 21:39:06 MDT
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Written by Kathy Lien
Last week, we warned that the Federal Reserve is on high alert and now, we understand why. Pandemonium has hit the financial markets as the US dollar trades below parity against the Swiss Franc for the first time ever, hits a record low against the Euro and a 12 year low against the Japanese Yen.
Thu, 13 Mar 2008 08:40:29 MDT
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Written by Kathy Lien
What makes today’s record breaking day in the EUR/USD particularly unique is the fact that the currency pair is now trading above the psychologically important 1.55 level. Data wise, its been a quiet day in the currency market
Tue, 11 Mar 2008 05:49:19 MDT
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Written by Moshe Shalom
The last move down of the USDCHF pair was in the magnitude of what people can call "shock and awe". It is easy to feel an urge to enter and trying to catch the "falling knife" in such developments.
Fri, 07 Mar 2008 04:32:16 MST
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Written by Kathy Lien
The US dollar has fallen to a record low against the Euro and there are at least 5 reasons why the weakness will continue. The first is the most immediate, which is tomorrow’s non-farm payrolls report.
Wed, 05 Mar 2008 04:41:41 MST
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Written by Moshe Shalom
When you look at the USDJPY pair you are wondering if there is some more room on the downside. Such a long drive down is becoming what technicians call "exhaustion". Nevertheless, we can see one more push down before a temporary bottom can develop.
