Canadian Dollar Continues to Look Strong
While most traders were busy watching the results of the Portuguese bond auction this morning, my focus was on the Canadian Dollar which I have […]
Forex Market Analysis
Euro Defies Gravity!
The overnight trading session for the euro dollar was interesting for a number of reasons: first the pair had been trying to form an interim […]
Loonie remains out of step with US dollar – why?
One of the conundrums facing us all as currency traders, is in trying to make sense of the underlying forces which cause one currency to […]
Euro looks set to remain under pressure
Last week was a bad one for the euro, but an excellent one if you were short on the euro dollar, which finally broke below […]
Forex market forecast for the major currency pairs
With the holiday season now behind us at last ( thank goodness ) the markets are finally returning to some sort of normality, as the […]
The changing world of currency correlations
In the last twelve months we have seen many of the once traditional correlations in the currency market breakdown completely, as fundamental forces dictated the […]
Outlook for euro and major currencies in 2011
A muted end to forex trading for 2010, with the euro looking to set to finish close to recent lows and continuing to bounce off […]
USD index analysis and forecast
The USD index is now at a critical point from a technical perspective, having closed on Friday with a wide spread up candle, which broke […]
Forex market outlook for next week
The US dollar ended the week at it’s highest level since December 1st, and could be set for further gains in the run up to […]
Euro Shorts Being Squeezed
My post last night on FxStreet focused on the eurodollar for the simple reason that in the last few weeks the euro currency has all […]