I was on Bloomberg Television this evening talking about the Canadian and New Zealand Dollars (click on the image to watch the video)

Posted in Canadian Dollar, New Zealand dollar, forex blog 5 Comments »

US equities turned as traders realize that everyone is pinning too much hope on China. The reality is that China’s stimulus plan will not save the global financial and economic crisis. Instead, the only thing that is assured is that at one fifth of 2007 GDP, China will have less money to spend [...]

Posted in Bank of Canada, Bank of England, British Pound, Canadian Dollar, Crude Oil Prices, Fed Rate Cut, Fed Rate Cut Expectations, dollar earnings, dollar intervention, eur/usd, forex blog No Comments »

I don’t often post trade calls on my blog (since I usually reserve that for BKT Subscribers). Last week, I called for a rally in EUR/GBP following the ECB and BoE rate decisions and now I am seeing a decent medium term opportunity in USD/CAD.
From a fundamental and technical perspective, the odds [...]

Posted in Bank of Canada, Canadian Dollar, Forex Technicals, forex blog No Comments »