The Great Recession is now in our rear-view mirrors and with GDP growth of 5.7 in the fourth quarter, the recovery looks well underway. However, the surge in growth is unlike anything we have seen in a while. The recessions of the early 2000’s and 1990’s saw inconsistent growth after the recession ended. After [...]

Posted in GDP 3 Comments »

There was a sharp move intraday in EUR/CHF that smells like intervention…but was it? SNB member Hildebrand and the Bank of International Settlement has declined to comment on the move in the Swiss Franc. The first chart shows today’s price action in EUR/CHF and the second shows the price action of EUR/CHF when [...]

Posted in Swiss Franc, swiss national bank 1 Comment »

Over the past few trading days, the British pound has been confined to a very tight trading range. The following chart illustrates the predicament that GBP/USD traders find themselves in right now and I believe that the breakout will be to downside with the GBP/USD testing 1.60 in the near term.
This morning, [...]

Posted in 2009 gbpusd forecast, British Pound, S&P, forex blog 11 Comments »

At the beginning of the year, I said my New Years resolution is to blog more so here I am trying to stick to it as much as possible.
You probably don’t know that I am a big fan of skiing but I love the exhilaration of being on the slopes and being outdoors [...]

Posted in Kathy Lien, forex blog 5 Comments »

I published a full analysis of the FOMC meeting on FX360.com but here’s a visual breakdown of the changes to the latest FOMC statement.

Posted in FOMC, Federal Reserve, forex blog No Comments »