If you have read the international papers, you may know that there are two political developments that is worth paying attention to.
On August 21st, Australia held general elections for Prime Minister and if you recall, the votes were so tight that nearly 2 weeks later, there is still no clear winning. [...]

Posted in 2009 japanese yen forecast, 2010 japanese yen forecast, Australian Dollar, Japanese Yen, aud/usd, election dollar, forex blog, japan elections kan ozawa 6 Comments »

Every day, equities, currency and bond traders weigh the good news with the bad to determine if they want to buy or sell.
Today, there were just as many positive reports that should have helped to stabilize the markets but has instead failed to stem the bleeding in equities and currencies.
In a [...]

Posted in Australian Dollar, British Pound, Canadian Dollar, Carry Trades, ECB, Forex News, US Dollar, USD/CAD, currency trading ranges, election dollar, euro oil, forex blog, forex trading calendar, usd/jpy 1 Comment »

Barack Hussein Obama is the 44th President of the United States, the first African American and the second youngest President.
In reaction to his election, the US dollar is marginally higher and the US stock market has opened lower. Regardless of the overwhelming support for Obama domestically and internationally, the equity markets tends [...]

Posted in election dollar, forex blog, obama dollar 3 Comments »