Forex Articles & Resources



“Risk-On, Risk-Off”
It sounds like a play on words, based on the Karate Kid refrain, Wax-On Wax Off, and for all I know it was. Still, I rather like this characterization – coined by a ...
Thu Aug 26, 2010

Pound Rally Runs out of Steam
The rally in the Pound, which lifted it 10% from trough to peak, appears to be fizzling. The Pound is already down 3% in the last two weeks, and is trending downward. It now stands at a four-week ...
Tue Aug 24, 2010

CAD: Steady as She Goes
The Canadian Dollar was supposed to be one of the “hot” currencies of 2010. Given that it’s now exactly where it started the year, I think it’s safe to say that this ...
Sat Aug 21, 2010

Intervention Looms as Yen Closes in on Record High
It was only a few weeks ago that I last wrote about the possibility of intervention on behalf of the Japanese Yen, and frankly, not a whole lot has changed since then. On the other hand, the ...
Fri Aug 20, 2010

Safe Haven Trade Returns
I shouldn’t have been so complacent in declaring the paradigm shift in forex markets, whereby risk aversion had given way to comparative growth and interest rate differentials. While such a ...
Fri Aug 13, 2010

What Are Forex Mini Accounts
The foreign currency exchange is a global network of traders, speculating the value of various currencies. High leverage is involved in forex trading, in order to capitalize on the volatility of fractions of a currency unit. However, the daily variations
Thu Aug 12, 2010

SNB Leads Downward Pressure on Euro
Since the beginning of this week, the Euro has retreated 3% against the US Dollar, including a 2% dip in Wednesday’s trading session, alone. Is it possible that the Euro rally was too good ...
Thu Aug 12, 2010

China Currency Revaluation: More Than Just the Yuan at Stake
I concluded my last post (Euro Recovery: Paradigm Shift Confirmed) by musing about how interesting it is that nobody has taken credit for predicting/profiting from the sudden reversal in forex ...
Mon Aug 09, 2010

Euro Recovery: Paradigm Shift Confirmed
In early July, when the Euro rally was (in hindsight) just getting under way, I reported on the apparent paradigm shift in forex markets, whereby risk-driven trades that benefited the Dollar were ...
Sat Aug 07, 2010

Fed Mulls Options for Next Week’s Meeting
Next week, the Open Market Committee (OMC) of the Federal Reserve Bank will hold its monthly meeting. Even without checking futures prices, it’s obvious that the probability of an interest ...
Thu Aug 05, 2010