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Beware Seasonal Reversals in FX Markets
Although currencies ended up adopting their usual path of following the swings in risk appetite, it's worth explaining Wednesday's earlier spikes in EUR/USD and GBP/USD. The moves were a result of broad dollar selling (also seen in a $25 rally ju
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Gold Market Price Points to Watch
For those like myself who remain strongly bearish on the US dollar, gold is an appealing buy, and a key indicator of the dollar's health. With that in mind, let's look at a few charts to help us identify key price points that gold and currency tr 8
U.S. Economy: No Easy Answers, But Plenty of Questions
These are some of the most frequently-asked questions I have heard in the various speaking engagements and media interviews I’ve participated in over the past several months. 7
Forex Trading 101 - Forex Trading Hours
Forex market is an ever exciting and dynamic trading environment. Currencies are traded 24 hours a day, from Sunday afternoon EST* (Eastern Standard Time) to Friday afternoon EST. Traders new to the world of foreign exchange tend to think that si 7
U.K Consumer Price Inflation declined
The Office for National Statistics reported U.K Consumer Price Inflation declined from a sixteen year high of 5.2% in September to an annual rate of 4.5% in October. 8
Pound Sterling bounced back
The Pound Sterling bounced back from its Asian beating to breach the 1.5 level in trade against the Greenback overnight. After having bottomed out at 1.4640 in early Sydney trade on Monday the GBP/USD managed to find a solid range however intrada 6
Real Price of Gas Approaches a Historic Record-Low
Feeling nostalgic for the days of 17 cent gas in 1931, 20 cent gas during WWI, the gas below 30 cents during the first half of the 1950s, or the $1.40 gas of the early 1980s? If so, you'd be suffering from "money illusion," the tendency to confus 6
Japan: It will get worse before it gets better
The Japanese economy has without doubt entered a sharp contraction, although GDP in Q3 declined only 0.1% q/q (Consensus: 0.0%, Danske Bank: -0.1%) after dropping 0.9% q/q in the previous quarter (revised down from earlier reported 0.7% q/q cont 
