Why has the rally in the EUR been so lackluster? Because there are a still 4 3 more hurdles to overcome before we can put the Greek debt crisis behind us.
The Greeks have jumped over 2 hoops on their own with one more expected to be cleared once the Greek implementation vote is completed [...]

Posted in eur/usd, euro, euro oil, euro rate hike, euro sovereign debt crisis 2 Comments »

The EUR/USD ripped higher after ECB President Trichet telegraphed a possible rate hike next month. The rise in oil prices has hit a cord with the central bank, prompting them to step on the accelerator and get moving with curbing inflation pressures. Not only did Trichet use the magic words “strong vigilance,” [...]

Posted in ECB, ecb rate hike, euro oil, euro overvalued, euro rate hike, euro record high, forex blog 5 Comments »

Down baby, down. Who said 1.30 is not possible (Not me - Bearish euro calls)? Trouble begets more trouble. As I said on my twitter feed twitter.com/kathyliefx no one wants to own euros. Irish, Portuguese and Spanish 5 year CDS spreads have all widened (What are Credit Default Swaps?). I expect more [...]

Posted in eur/usd, euro, euro oil No Comments »

I was also on Fox Business today talking about my outlook for the EUR/USD. This was BEFORE euro fell below 1.20. Enjoy!
Watch the latest business video at video.foxbusiness.com

Posted in 2009 eurusd forecasts, euro oil, forex blog 8 Comments »

I was on Fox Business earlier this afternoon talking what is moving the dollar and the short / medium term outlook for the currency market. Here is the clip, I am the first interview.

Posted in 2009 canadian dollar, 2009 currency forecasts, US Dollar, euro oil, forex blog No Comments »