I was on the Business News Network this afternoon talking about Ireland, the U.S. dollar and the loonie. Click on the image to access the video

Posted in Forex, forex blog No Comments »

I am headed to Las Vegas today for the Futures & Forex Trading Expo.
If you are attending, please check out one of my sessions (link to Futures & Forex Expo website).

Five Dynamic Ways to Trade Forex (Open to everyone)
Friday September 24, 20100 11:30 AM - 12:30 PM
Actionable Intraday and Swing Trading Forex Strategies [...]

Posted in Forex, forex blog 2 Comments »

The U.S. dollar may be rebounding this morning but I think the gains will be short-lived. August is a terrible month for USD/JPY - the currency pair has fallen TEN out of the last TWELVE Augusts. Although seasonality does not equal a certainty of USD/JPY weakness, it is worth noting that 83 percent [...]

Posted in 2010 dollar forecast, 2010 japanese yen forecast, Forex, dollar forecast, forex blog 6 Comments »

I was on Reuters TV earlier today talking about how the dollar could be losing its safe haven status and the implications of the change in dollar positioning from net long to net short for the first time since March.
Click on the image to access the video

Posted in Forex, dollar safe haven, forex blog 1 Comment »

What is the difference between the Discount Rate and the Fed Funds Rate?
On Thursday February 18th, the Federal Reserve surprised the markets by raising the discount rate by 25bp to 0.75 percent, sending the U.S. dollar sharply higher against all of the major currencies. Although the Fed went out of their way to say [...]

Posted in Federal Reserve, Forex, eur/usd, forex blog 10 Comments »