DOW & VIX Update
US equities continued higher once again yesterday with both the Russell 2000 and 3000 ending higher on the day, the former at 81.23 and the […]
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Eurodollar Analysis
A seminal day for the euro vs dollar yesterday which finally managed to breach the 61.8 fib retrace level of the Nov 4 2010 high […]
Tech Levels for the Majors
In anticipation of the tsunami of fundamental news which starts overnight in Japan here is a quick technical round up for the majors: USDJPY The […]
Monday Blues for Euro
Today is Blue Monday and considered to be the most depressing day of the year which could explain why the Asian trading session was so […]
Euro Bears Can Take Heart
If there is one book all traders and investors should read it is: This Time is Different : Eight Centuries of Financial Folly by Kenneth […]
Euro Bears Toasted!
Jean Claude Trichet’s hawkish statement yesterday concerning interest rates surprised the forex market, prompting a surge in the euro which gained over 300 pips against […]
Aussie Rallies As Risk Appetite Returns
The Portuguese bond auction and relief that Belgium has pulled back from the brink by posting better than expected deficit figures, has relieved the market […]
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 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 […]