Articles

June 18th, 2012 - As it turns out, the winner of the Greek elections did not matter. The victory of the pro-euro, pro-austerity New Democracy Party did not change the outlook for the EUR/USD which closed its gap and is trading lower than where it ended on Friday. Of course, a win by the Leftist party would have left policymakers with a big mess to clean up today, but the initial enthu...

June 18th, 2012 - By all accounts, the euro was an ambitious experiment. Its original architects, including former ECB President Trichet set out a vision of a common currency and a single central bank that would forge a stronger economic and monetary union for the region. A decade has now passed and we are seeing all of the ugly truths of having a currency representing 17 different...

June 18th, 2012 - Ask anyone one on the street whether the U.S. economy could use a jolt of stimulus and the answer will be an overwhelming YES! The labor market, housing market and the stock market is in terrible shape and if Europe continues to wreck havoc on global demand, the meager amount of growth that the U.S. economy enjoyed this past year will become nonexistent. Yet the lea...

June 18th, 2012 - The question of how much Yen pain can Japan bear is a question of how low the Japanese government will allow USD/JPY to go. Since the middle of March, USD/JPY has fallen as much as 7 percent. While significant milestones were not reached, USD/JPY is trading not far from its record low. A strong currency is one of the worst things possible for an export dependent co...

June 17th, 2012 - Operation Twist is a clever way for the Federal Reserve to stimulate the economy when interest rates are zero. Named after a dance craze from the 1960s, the Federal Reserve was inspired by the Chubby Checker hit “The Twist” that made Billboard records across the nation. When an economy is weak, central banks usually respond by lowering interest rates but ...

May 30th, 2012 - [vimeo]http://vimeo.com/44088704[/vimeo]...

April 16th, 0014 - Daily FX Market Roundup 04-16-14 Why the Fed is Happy with the Dollar CAD Sinks After BoC Lowers Growth Forecasts NZD: Hit by Drop in Milk Prices and CPI Miss AUD: Rebounds on Better Chinese GDP Data GBP: Strong Labor Data Drives Sterling Back to 4 Year Highs Eurozone Current Account Balance Remains Near Record Levels USD/JPY Gains Led by Rally in Nikkei ...

Hide me
Receive Thought Provoking Forex Commentary Directly to Your Inbox
Show me