Yearly Archives: 2012

FX: Is Swissy Still the Safe Haven Play? $USDCHF

It has been hardly a rollercoaster ride in FX this week. Trading ranges remain tight as the holidays are upon us, also the financial markets await the fiscal cliff and more importantly focus on the economy for 2013. UNCHARTED EASING

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FX: Is Swissy Still the Safe Haven Play? $USDCHF

It has been hardly a rollercoaster ride in FX this week. Trading ranges remain tight as the holidays are upon us, also the financial markets await the fiscal cliff and more importantly focus on the economy for 2013. UNCHARTED EASING

Posted in Posts

Forex: Aussie/Kiwi Fundamentals Diverge

The Australian/New Zealand dollar pair (AUD/NZD) has tentatively respected the 1.2520 support level after a precipitous decline from the November 14th high of 1.2831. The potential rebound may be temporarily as price remains in a very strong bearish stance. With

Posted in Posts

Forex: Aussie/Kiwi Fundamentals Diverge

The Australian/New Zealand dollar pair (AUD/NZD) has tentatively respected the 1.2520 support level after a precipitous decline from the November 14th high of 1.2831. The potential rebound may be temporarily as price remains in a very strong bearish stance. With

Posted in Posts

FOREX: Did The Swiss Intervene?

After looking at the euro/Swiss (EUR/CHF) daily chart, several traders probably initially thought the Swiss National Bank intervened in the FX markets. They did not. RUMOR DRIVEN MOVE The surge in euro was prompted by rumors that a very large

Posted in Posts

FOREX: Did The Swiss Intervene?

After looking at the euro/Swiss (EUR/CHF) daily chart, several traders probably initially thought the Swiss National Bank intervened in the FX markets. They did not. RUMOR DRIVEN MOVE The surge in euro was prompted by rumors that a very large

Posted in Posts

Shifting Roles: Turkey Buys Nat Gas With Gold

Currencies used to be backed by gold and over the past the decade, investors have found safety with the precious metal. Some people think currencies are only a system of money used in exchange for goods, but could we see

Posted in Posts

Shifting Roles: Turkey Buys Nat Gas With Gold

Currencies used to be backed by gold and over the past the decade, investors have found safety with the precious metal. Some people think currencies are only a system of money used in exchange for goods, but could we see

Posted in Posts

FOREX: Red Flags Waving For Canadian Dollar

The Canadian dollar is a commodity currency that soon may also have the title of reserve currency. If classified a reserve currency, the loonie, its nickname may continue to strengthen, as governments and institutions choose to diversify away from the

Posted in Posts

FOREX: Red Flags Waving For Canadian Dollar

The Canadian dollar is a commodity currency that soon may also have the title of reserve currency. If classified a reserve currency, the loonie, its nickname may continue to strengthen, as governments and institutions choose to diversify away from the

Posted in Posts