I was on Bloomberg last night talking about why I think USD/JPY will hit 89 and currency pairs like the GBP/USD and EUR/USD will fall. Click on the image to watch my Bloomberg interview

Posted in Bloomberg, Forex TV No Comments »

Here’s a clip of the interview that I did with Bloomberg Television last night about where currencies are headed:
Click on the image to watch the video

Posted in Bloomberg, Currency Intervention, Forex, Forex News, Forex Podcast, Forex TV, Japanese Yen, Yen Intervention, forex blog No Comments »

I was on Bloomberg Television last night talking about how I like shorting USD/CAD and how USD/JPY could hit 95 (USD/CAD was 1.2303 last night and USD/JPY trading at 97).
Click the image to watch the video. It is on the right hand side of the screen.
Here is a chart of USD/CAD:
USD/CAD is in the [...]

Posted in Bloomberg, Canadian Dollar, Forex, Forex News, Forex Podcast, Forex Technicals, Japanese Yen, USD/CAD, forex blog, usd/jpy No Comments »

There is nothing good about today’s labor market report - between September and October, 524k jobs were lost in the US economy. Even though last month’s job losses were worse than the market expected (-240k), it was not as bad as everyone had feared. But if you count the big downward revision to the [...]

Posted in Bloomberg, Fed Rate Cut Expectations, Japanese Yen, forex blog, non-farm payrolls 1 Comment »

European Central Bank: Another 50bp Rate Cut Expected
The biggest event risk this week for the Euro is the European Central Bank interest rate decision. Weak economic data and softer inflationary pressures will force the ECB to take interest rates below 3 percent.
A rate cut will not be a surprise since [...]

Posted in Bank of England, Bernanke, Bloomberg, British Pound, ECB, Forex News, Trichet, ecb rate cut, eur/usd, euro, forex blog No Comments »