Only a year ago, who could have conceived of such a possibility? At the time, the Canadian Dollar (aka Loonie) was in the doldrums, as a result of the... »

Last week, Hirohisa Fujii resigned as finance minister of Japan. Since Fujii was an outspoken commentator on the Japanese Yen, the move sent a jolt through forex markets. Those... »

The Chinese Yuan (RMB) spent all of 2009 pegged to the Dollar at 6.83. Since the Dollar depreciated against almost every other currency during that time period, the Yuan... »

I thought it would be fitting to follow up my last post (Forex in 2009: A Year in Review), with one that looked forward. And what better way to... »

In some ways, 2009 was a wild year in forex markets. Compared to 2008, however, it was relatively tame. And that is all I have to say about forex... »

The Korean Won is up 32% since March, and 8.2% on the year. At the same time, it is 20% below is 2007 year-end level, as well as 13%... »

In October, the Reserve Bank of Australia (RBA) became the first industrialized Central Bank to raise interest rates. It followed this up with two additional hikes in November and... »

Today, we bring you an interview (the second part, and complete transcript) with Edward Hugh, a macro economist, who specializes in growth and productivity theory, demographic processes and their... »

Many analysts are pointing to Friday, December 4, as the day that logic returned to the forex markets. On that day, the scheduled release of US non-farm payrolls indicated... »

As widely expected, the Bank of Canada held the target for the overnight rate at 0.25%, and reiterated its commitment to keep rates at their effective lower bound through... »

The USD has made gains against its major counterparts today as risk appetite was burdened by poor economic news and a dovish BoC statement. The headline event of the... »

The Dollar received a bid in particular against its European counterparts during the overseas session. The Euro was hindered by weaker than expected sentiment readings for the month of... »

The U.S. dollar advanced against most major counterparts on Tuesday, with gains especially strong against the euro amid ongoing Greek debt worries and further signs that Germany’s economic recovery... »

Eurozone bond buyers suddenly lost their appetite for fixed income Tuesday, balking further faced with the prospect of ?25 billion in supply this week. The driver today was the... »

The Bank of Canada left the overnight rate at 0.25% and maintained its assessment of the risks to the outlook as being balanced based on macro considerations but “tilted... »

EURUSD’s 50-day moving average has now fallen below its 100-day MA, which is referred to as a dead cross. As shorter duration moving averages (faster gauges of trend) move... »

The Bank of Canada announced its decision on Benchmark interest rates today, where the BOC decided to leaves it rates unchanged at 0.25% inline with expectations, since the Canadian... »

US equity futures are mixed, following a weaker session in Europe based on a series of economic data and heightened volatility, trend of dampened risk sentiment is being reflected... »

U.S. markets reopened after yesterday’s market holiday and liquidity returned to normal levels. Data released in the eurozone today saw the German January ZEW economic sentiment index slip to... »

Daily: The EUR/GBP has completed invalidated the Bullish wave count we had been assessing the market with. Instead the market looks to be in a full Gartley retracement, which... »

Price action on USD/JPY, a daily chart of which is shown, has displayed marked bearishness for more than a week, since the top of a parallel downtrend channel was... »

The EUR/USD is about to test the 1.4200 support. The daily chart’s price action shows very aggressive bearish candles after reaching 1.4600. In fact, with the stochastic showing... »

While the cross trades and holds below the 131.24 level, its Jan 06’10 low, we continue to see risk to the downside towards the 129.19 level, its Dec 22’09... »