Will be on CNBC Street Signs this morning and wanted to give you a sneak peek of my notes:
I like EUR and AUD
For EUR:
- All of $ that was parked in Switzerland and U.K. for safety and now its coming back
- Strong German data means IMF and others could be underestimating EZ growth
- ECB begins [...]

Posted in British Pound, CNBC, Japanese Yen, eur/usd, forex blog No Comments »

Was on Bloomberg TV this afternoon talking about how to trade the Euro - my favorite trades are EURJPY and EURGBP

Posted in eur/usd, euro 2 Comments »

There’s been a lot of talk about Spanish 10 year bond yields rising to 7 percent. We’ve been at higher levels in 2011 but at that time the EUR/USD was trading much higher. 7 percent is a critical level because that is the rate that pushed Greece, Portugal and Ireland to beg for [...]

Posted in 2012 elections eurusd, 2012 elections us dollar, 2012 eurusd forecast, ECB, ecb rate cut, eur/usd 1 Comment »

There is a very old saying in the stock market that goes “Sell in May, and Go Away.” This pertains to the notion that investors should cash in on their investments this month and take the summer off because June, July, August and September have traditionally been some of the worst months in the equity [...]

Posted in eur/usd, euro, forex blog, forex seasonality 6 Comments »

Since this week’s LTRO operation, the EUR/USD has fallen 3 straight trading days by as much 280 pips. Based on this price action, it looks like the pair is on its way to “mirroring” the post December LTRO move. It wouldn’t take much for this to occur - all the EUR/USD needs to do [...]

Posted in ecb ltro, eur/usd 4 Comments »