Posts Tagged ‘ standpoint ’
Since the beginning of June, the Euro has rallied by an impressive 8% against the US Dollar, and by comparable margins against other currencies. The question on every one’s minds, of course, is whether this represents a temporary pullback or a permanent correction. The arguments in favor of the former are pretty strong. Namely, EUR/USD bearish [ READ MORE ]
On a trade-weighted basis, the Canadian Dollar (aka Loonie) has appreciated nearly 10% in 2010. At the same time, it has fallen 8% against the Dollar since the beginning of May. This contradiction is reflected in an explosion in volatility: “CAD has been very volatile – the average intraday spread between the high and low [ READ MORE ]
Something incredible has happened: The Euro has reversed is 16.5% decline (from peak to trough), and since bottoming on June 7 at $1.1876, it has risen by an impressive 4%. I guess that means the Euro has been rescued from parity (which I characterized as “inevitable” on June 5)? Not exactly. While financial journalists have interpreted [ READ MORE ]
Compared to the Euro, the Pound is Gold (figuratively speaking). Compared to everything else, well, the Pound is probably closer to linoleum. Bad geology metaphors notwithstanding, there really isn’t much to get excited about when looking at the Pound. Let’s take the election, for example. Originally billed as a chance for a fresh start, politically, for [ READ MORE ]
The rally in emerging markets that I wrote about in April is showing no sign of abating. The MSCI emerging market stocks index is back to its pre-crisis level, while the EMBI+ emerging market bond index has surged to a record high. While no such index (that I know of) exists for emerging market currencies, [ READ MORE ]
Upon reviewing my previous post on the Brazilian Real (BRL), I now realize that it lacked context. In other words, while both the interest rate outlook and economic prospects of Brazil are both incredibly bright, who’s to say that this hasn’t already been priced into the Real? At the very least, more information is needed [ READ MORE ]
Most people approach the need to learn forex trading with a measure of anxiety or fear of the unknown. For those who are undergoing a period of self-education and instruction through the collection of training materials and tools, and practice new skills in the comfort of home, a common question of the unknown usually stay [ READ MORE ]
Forex is your new fate. The society has been doing a good job for us. We feel its tender treatment from birth to kindergarten, school, institute and certainly work. We live in a fictional world where everything is not so, as shown on television, in newspapers and in lectures at universities. Each of us was born [ READ MORE ]
From a risk/reward standpoint we have an excellent trade opportunity at hand with initial targets at .9450 and .9200… [ READ MORE ]
After a brief “hiatus,” the Swiss Franc is once again rising, and is now dangerously close to the $1.50 CHF/EUR “line in the sand” that spurred the last two rounds of Central Bank Intervention. Both from the standpoint of the Swiss National Bank (SNB) the Franc’s appreciation is vexing, while from where ordinary investors are sitting, [ READ MORE ]
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