The Canadian dollar hit a 7 month high against the Greenback today. I was on the Business News Network this afternoon talking about where I think it is headed. Click on the image to access the interview:

Posted in 2009 canadian dollar, Canadian Dollar, Forex TV, forex blog 4 Comments »

I was on CNBC Squawk Box Australia last night talking about the outlook for the currency market and risk appetite. Check the video out!

Posted in 2009 us dollar forecast, Australian Dollar, Forex TV, aud/usd, forex blog No Comments »

The British pound has been on a tear lately and part of the reason are the signs of recovery in the housing market. The following chart illustrates the close correlation between the trade weighted value of the GBP (white line) and the HBOS house price index (red line). The sharp increase in the [...]

Posted in British Pound, forex blog 2 Comments »

I was on Bloomberg talking about the outlook for the U.S. Dollar today. Click on the image to access the video:

Posted in forex blog 1 Comment »

Over the past few years, there has been a lot of talk about whether a new currency will replace the U.S. dollar as the global reserve currency. I have often repeated my opinion that this possibility will not become reality over the next 10 years. However, we cannot underestimate the importance of the [...]

Posted in chinese yuan 2 Comments »