Over the past few years, traders have become accustomed to the idea that the day to day moves in stocks impact currencies. When equities sell off aggressively like they have today, the U.S. dollar usually strengthens across the board as investors pile into the low yielding safe haven currency. When equities stage a strong rally [...]

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I was on Fox Business earlier this afternoon talking what is moving the dollar and the short / medium term outlook for the currency market. Here is the clip, I am the first interview.

Posted in 2009 canadian dollar, 2009 currency forecasts, US Dollar, euro oil, forex blog No Comments »