We noted several weeks ago the Canadian Dollar would become more linked to the price of oil when Oil drops below $95 per barrel. This means the USDCAD could easily fall in price even more as oil falls further. Oil is now trading a remarkable $85 per barrel, and the Canadian Dollar has dropped significantly over the [...]
Oil and the Canadian Dollar, Together Again
May 10, 2012 by · Leave a Comment
Oil and the Canadian Dollar have a well known relationship. When Oil goes up, so does the Canadian Dollar. This correlation has been estimated to be extremely high during some time periods. The FXC shows this relationship very well, as does the USDCAD. Still, this correlation can change in strength - sometimes the Canadian Dollar does not respond as [...]
AUD Carry Trade Unwind To Hit AUDUSD
May 7, 2012 by · 1 Comment
The surprise in the currencies over the last month is the strength in the yen, despite the new 1% inflation target by the Bank of Japan. This inflation target should be a reason for a weaker yen, but instead has strengthened over the last month. The yen is only a few percent from it’s all [...]
EURUSD: Capital In-Flows Vs. Spain Problems
May 2, 2012 by · Leave a Comment
Something strange is happening in the EURUSD. The investment community is freaking out about the debt problems in Europe, but the EURUSD is not falling in price. A few months back, I made the bold claim the solutions would drive the EUR lower - and how the link between Euro problems and the price level of the [...]
Guide to Mastering the Forex Currency Markets
April 18, 2012 by · Leave a Comment
The first step in mastering the Forex currency market is knowing which currencies to trade… The Best Currencies to Trade The G-7 or “major” currencies are the best currencies to trade. These countries are the largest and most economically advanced in the world — and their currency markets are the most liquid on the planet. [...]
The Best Currency for a New America
April 11, 2012 by · Leave a Comment
(please note: this article is a reprint from an article by Michael Sankowski written for Smart Investing Daily) Commodities: The 21st-Century Currency You don’t have to look far to find terrifying headlines: The U.S. government — the most powerful institution in world history — will default on its debt next week unless the debt ceiling [...]
1 Big Reason The USDJPY and FXY aren’t 10% Weaker
April 4, 2012 by · Leave a Comment
The most startling development in currencies for 2012 is the move weaker in the USDJPY and FXY. The move weaker for the yen was sudden, shocking and happened over just 6 weeks. The Bank of Japan announced an new inflation target of 1%, a startling move because Japan had targeted zero inflation for decades. [DISPLAY_ACURAX_ICONS] The [...]
Revenge of the U.S. Dollar: TF 101 Signals 3-14-2012
March 13, 2012 by · Leave a Comment
***Trade Alert – Long Copper*** The system went long Copper today. So far, so good. This could end up being a nice trade. Just a few weeks ago I was thinking there was going to be a huge sell off in commodities – but now I am not so sure. The Grains once again moved [...]
Should I Stay?
February 15, 2012 by · Leave a Comment
The euro currency – a new trade from a few days back – shows some promise. I am writing about the euro extensively at my site GenerateFX.com. I believe the euro could drag the world into a credit crisis – it’s quite bad over there. As recently as 1 month ago, it seemed to me [...]
EURUSD: Is It Buy The Rumor, Sell The Fact On Greece?
January 30, 2012 by · 8 Comments
Is this upcoming deal on Greek debt a situation of “Buy the rumor, sell the fact?” It’s widely rumored in the press there will be deal on Greece this week. This deal might solve the problem for Greece – but it does set the standard for future deals on the remaining problem debt. From here [...]
