I was on the Business News Network earlier this afternoon talking about my outlook for the Canadian, U.S. and Australian dollars. Click the image to access the video:

Posted in 2011 cad forecast, 2011 dollar forecast, Canadian Dollar, Forex TV, australian dollar forecast, forex blog, forex trading videos No Comments »

Here is the second video from my CNBC Guest Hosting gig this AM from Singapore where I talk about the Aussie, commodity prices and commodity currencies:

Posted in Australian Dollar, Canadian Dollar, aud/usd, australian dollar forecast, forex blog 7 Comments »

The last 3 times the RBA made a monetary policy announcement, a small to large reversal was triggered in the Australian dollar. RBA rate decisions can frequently mark a top or bottom in a currency - this does not happen 100 percent of the time, but given the number of considerations that go into [...]

Posted in Australian Dollar, Reserve Bank of Australia, aud/usd, australian dollar forecast 2 Comments »

Rate hike expectations are always changing and its important to keep track of them because they reflect what investors are pricing in.
Here are the latest numbers and highlights (compared to last week)
Fed - One 25bp rate hike expected by Q1 2012 > Minor increase in implied policy changes
BoE - 50bp rate hike priced [...]

Posted in 2011 british pound forecast, 2011 cad forecast, 2011 euro forecast, Australian Dollar, ECB, Fed rate hike, Federal Reserve, aud/usd, australian dollar forecast, ecb rate hike, forex blog 1 Comment »

Take a look at the Australian dollar chart below. Do you see the head and shoulders / triple top formation that I see? =)
The Australian employment numbers didnt make anyone happy. A deeper pullback is likely but I don’t except the AUD/USD to trade much lower than 99 cents. Remember the hawkish [...]

Posted in Australian Dollar, Forex Technicals, Reserve Bank of Australia, aud/usd, australian dollar forecast, forex blog 6 Comments »