The risk aversion drive that has swelled since July eased significantly this past week; and the net effect on the safe haven US dollar was substantial. The greenback is not the typical safety asset. Rather, the benchmark...
Read MoreThe market’s favorite economic indicator was on deck Friday; but neither market participants nor the financial media were expecting much in the way of influence from the September...
Read MoreAfter being the worst performing currency for two straight weeks, the rally back to risk-correlated assets late on Tuesday lifted the Canadian Dollar for the remainder of the week, despite downside pressure late Friday. The...
Read MoreAfter spending the beginning part of the week much lower across the board, the Euro found a burst of life late on Tuesday. One of the best performing currencies headed into Friday, the Euro appeared to have regained some of its...
Read MoreThe yen advanced a modest 0.22% against a weaker greenback by the close of trade this...
Read MoreThe New Zealand dollar ended the week higher by 1.14% against the greenback after a mid-week rally in risk saw higher yielding currencies advance across the...
Read MoreThe Australian dollar struggled to hold its ground on Friday and the pullback from 0.9877 may gather pace over the following week as the Reserve Bank of Australia shows an increased willingness to scale back the benchmark...
Read MoreThe British Pound regained its footing to reach a fresh monthly high of 1.5645, but the sterling may struggle to hold its ground over the following week as the economic docket is expected to instill a weakened outlook for the...
Read MoreThe carry trade was popular for quite some time before the crisis, but is still eyed by many. Is it the time to return to long term carry trading? Probably...
Read MoreWeekly key reversals in the AUDUSD and S&P (first since the May 2010 lows!) suggest additional strength through October. Allow for corrections of course, levels are...
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