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 »

Last Friday, the CFTC released their weekly report of futures positioning. According to the data, which was as of last Tuesday, short positions in the Japanese Yen hit the highest levels since August 2008. At that time, the Yen weakened significantly and soon after a short squeeze pushed the currency sharply higher against the [...]

Posted in Intervention, Japanese Yen, forex blog 5 Comments »

Forex trading volume has finally recovered after the wave of deleveraging caused the market to contract back in April 2009. Earlier this week central banks from around the world released their semi-annual foreign exchange surveys and according to the reports, the average daily trading volume between April and October of 2009 increased significantly. [...]

Posted in forex volume 2 Comments »