Posted in 2011 cad forecast, 2011 dollar forecast, 2011 euro forecast No Comments »

The big focus tomorrow is on ECB President Trichet’s press conference. The European Central Bank is not expected to raise interest rates, but Trichet IS expected to pave the for a rate hike in July. Over the past few years, the words “Strong Vigilance” have been synonymous with “interest rates will be increased next [...]

Posted in 2011 euro forecast, ECB, ecb rate hike, eur/usd No Comments »

I was on CNBC last night talking about the outlook for the euro and U.S. dollar. If you caught the live hit, you would have heard me talk about the EUR/USD and how the rally yesterday should not be mistaken for a turn in the EUR/USD. “The sovereign debt troubles still plague the currency”

Posted in 2011 british pound forecast, 2011 euro forecast, Forex TV, forex blog 3 Comments »

It has been a while since I provided updated numbers for the market’s rate hike expectations and I will chalk it up to my travels! Rate expectations are always changing and a lot has happened over the past month. Its always important to keep track of them because they reflect what investors are [...]

Posted in 2010 japanese yen forecast, 2011 british pound forecast, 2011 cad forecast, 2011 dollar forecast, 2011 euro forecast, Bank of Canada, Bank of England, Bank of Japan, Bernanke, Fed rate hike, Federal Reserve, forex blog No Comments »

Sorry for the radio silence - have been on vacation then corporate craziness
The euro staged a remarkable rally today after dipping as low as 1.4060 following the U.S. non-farm payrolls release. The resilience of the single currency is incredibly impressive considering that Standard & Poor’s downgraded Ireland’s sovereign debt rating and Fitch warned [...]

Posted in 2010 eurusd forecast, 2010 eurusd forecasts, 2011 euro forecast, ECB, ecb rate hike No Comments »