I was on Fox Business today talking about whether or not the dollar will be replaced as the world currency and my outlook for the dollar. Here is the clip. On FX360.com I posted a thorough article on Which Central Banks are Worried About the Currencies. Worth a read
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Dollar bashing has driven the U.S. dollar to an 11 month low against the Euro and 1 year low against the Australian dollar. If you have caught my interviews on CNBC and Bloomberg, you would know that I have been bearish dollars and bullish Aussies and Euro for the past 2 months. Now [...]

Posted in 2009 eurusd forecasts, 2009 us dollar forecast, Bank of England, British Pound, Gold, dollar record low, eur/usd, forex blog No Comments »

The U.S. dollar has weakened significantly driving many of the major currencies to the highest level in months. Here’s a table illustrating the significance of today’s moves. I expect at least another 2 percent decline in the U.S. dollar against the key currencies (Short and Long Term Outlook for U.S. Dollar).

The fact [...]

Posted in 2009 us dollar forecast, Forex Technicals, euro, euro break 1.40, forex blog 6 Comments »

The biggest story in the currency market this morning is news that Standard and Poor’s has put the U.K.’s Sovereign Debt rating on negative credit watch. This means that the U.K. now has a 1 in 3 chance of losing its prized AAA rating. I have written an extensive article on what this [...]

Posted in 2009 us dollar forecast, forex blog, ratings downgrade 6 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 »