I was on CNBC last night talking about the outlook for the euro. Here’s the video:

Posted in 2011 euro forecast, Forex, Forex TV, eur/usd, forex blog No Comments »

The following table shows how the U.S. economy has changed since the last Federal Reserve monetary policy meeting. As you can see, there have been broad based improvements in economic data which is why I believe that the Fed will sound a bit more optimistic tomorrow. The only area of weakness is in [...]

Posted in 2011 dollar forecast, Fed Rate Cut, Federal Reserve, Forex, forex blog 1 Comment »

I was on the Business News Network bright and early this morning talking about the Chinese data, its implications on the market, the Hu-Obama Summit, euro, CAD and other forex related things. Click on the image to access the video and enjoy!

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We all know that liquidity drives up during the holidays but does that mean that breakouts are more likely or fake-outs?
Based upon how the EUR/USD and USD/JPY have traded over the past decade this week, the odds favor a fake-out over a breakout. The following charts compare the trading range during Christmas [...]

Posted in Forex, forex blog 1 Comment »

I was on the Business News Network an hour ago talking about Korea, Ireland and other factors impacting currencies. Click on the image to access the video from BNN.

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