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Forex for the week of April 15 – Gold Falters
The Japanese Yen The Forex markets were indeed interesting this past week. The main thing that we noticed is that the XXX/JPY pairs all seem to be suggesting the same thing: that the Yen is oversold, and we may see a bit of a pullback in several markets. However, this isn’t to say that we […]
Read Some MoreForex for the week of April 8th, 2013 – Money Goes Where It is Liked
The Forex markets saw a lot of action during the previous week, as would be expected when you have three central bank meetings on Thursday, followed by a Non-Farm Payroll Friday the very next day. Needless to say, this market didn’t disappoint, and as a result there were massive profits to be had if you […]
Read Some MoreFX Notes For Week Of April 1, 2013 – News Driven Market?
The Forex world will have a lot of headlines during the upcoming week as there are several announcements that can move the markets. The week is a bit back loaded though, as the central banks out of Japan, Europe, and the UK all have statements on Thursday. The Friday session of course has the granddaddy […]
Read Some MoreForex Markets for the Week of March 25, 2013 – A Run On Cyprus Banks?
The Forex markets spent most of the previous week dealing with the fears of a Cypriot banking implosion. The week saw several attempts at fixing the situation, and headlines pushed the markets back and forth. Nowhere was this more obvious than in the EUR/USD pair. The 1.30 level has acted like a magnet, and as […]
Read Some MoreForex Markets for the upcoming week of March 18 2013 – Hail King Dollar
The Forex markets had a wild time as the Dollar continued to climb in value for most of the week. This trend was however broken towards the end the of week. During the session on Friday, we saw yet another reversal towards the end of the day. The most volatile pair was the GBP/USD pair, […]
Read Some MoreDollar Strength Set to Continue. Forex for the week of March 11th, 2013.
Last week, we had suggested that the US dollar was set to gain in strength, and over the last week – we think this has come to pass. The most obvious example of US dominance in the markets at the moment is the fact that the Dow Jones Industrial Average is now at all-time highs. […]
Read Some MoreRise of the Dollar? Forex Week of March 4 2013
During the previous week, we have seen a substantial and sustained sprint towards the perceived safety of the US dollar. The markets have been rocked by the Italian elections, and the inability to pick a government by the populace. Essentially, there is a “hung parliament” in Rome at the moment, and nobody seems willing to form a coalition. […]
Read Some MoreForex During the Week of February 28th, 2013 – Round And Round We Go
Looking at the past week, we saw a lot of noise in the Forex markets. By far, the biggest amount of noise came from the Federal Reserve and its release of the minutes from last month’s meeting. The release showed that several members of the FMOC suggested there were parameters to cut back on the […]
Read Some MoreWeekly Outlook for the Forex Markets February 18, 2013 – Currency War?
Looking at the upcoming week, it doesn’t take much to imagine that there will be some volatility. After all, we’ve seen the markets move quite rapidly in both directions, as we go from a “risk on” to a “risk off” type of environment. One of the biggest problems that we have going right now as […]
Read Some MoreWeekly Outlook for the week of February 11 2013
Over the course of the last week, we have seen quite a few changes in the attitude of central banks and watched the Forex markets react accordingly. Early in the week on Monday, we saw the Reserve Bank of Australia hold its rates, which suggests that perhaps the Aussie economy is starting to lose steam. […]
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