Week after week I have called for the EUR/USD to break 1.60. Today, the currency pair hit an all time high and is inching ever so closer to that target. It will just be a matter of time before that level is broken at which time intervention risk will increase substantially. Hot [...]

Posted in Euro Intervention, US Dollar, euro, euro record high 2 Comments »

With earning season upon us, everyone from investment banking analysts to longer term investors are scouring data on existing and new product lines for any information on this quarter’s potential sales and profits. Most likely, unless they have inside information, everyone in the market is looking at the same news releases. However, [...]

Posted in US Dollar, US Economy, us earnings, weak dollar earnings 1 Comment »