I was on CNBC Asia last night talking about the euro, aussie and cad

Posted in 2010 eurusd forecast, 2011 cad forecast, 2011 dollar forecast, 2011 euro forecast, Australian Dollar 1 Comment »

There are many reasons for why the EUR/USD should continue to rise, the strongest of which has been the Federal Reserve’s plans to ease monetary policy. However, there is another reason why the uptrend in the EUR/USD has been so strong. The following chart shows the correlation between the German IFO Report (white [...]

Posted in 2010 eurusd forecast, 2010 eurusd forecasts, forex blog 3 Comments »

How close is the Federal Reserve to easing monetary policy in November? Pretty close if we look at the views of different FOMC members. However the skepticism of some officials could compromise the overall size of the asset purchase program.
Read on to find out where FOMC voters stand:
Voting Members of the FOMC
Believe More QE [...]

Posted in 2010 dollar forecast, 2010 eurusd forecast, FOMC, Federal Reserve, bernanke support for dollar, fed liquidity dollar, forex blog 1 Comment »

Saying the U.S. dollar is falling out of bed would almost be an understatement given the recent price action in the greenback. Over the past three months, the dollar lost more than 10 percent of its value against the euro, Swiss Franc and Australian dollar. Since July, every one of the G10 currencies [...]

Posted in 2009 us dollar forecast, 2010 dollar forecast, 2010 eurusd forecast, US Treasuries, dollar rally 2 Comments »

I was on the Business News Network this morning talking about today’s developments including the Japanese elections, the prospect of intervention, the UK CPI numbers, the reason why euro is weak and U.S. retail sales. Click on the image to access the Video

Posted in 2010 eurusd forecast, 2010 eurusd forecasts, 2010 japanese yen forecast, British Pound, Intervention, Japanese Yen, eur/usd, forex book 1 Comment »