Monthly Archives: June 2013

The euro is in Limbo as we await Fed Speeches

Downside Risks! Every advanced economy could probably be described by those words. However, when a supposed hawkish central banker says those words it may cripple a currency. While Mario Draghi’s accommodative comments weighed heavily on the euro, a surprising downwardly

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A Summer of Nothing New from European Leaders

No economic growth in Europe has created dissention amongst several countries that a unified region with centralized policy making will eventually be agreed upon. The no hope for economic growth is firmly in place in Southern Europe and the youth

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Euro Vulnerable To More Selling $EURUSD

The euro free-fall has stalled above the 50.0% Fibonacci retracement of the end of May rally to days prior to Fed fallout on tapering.  Price action displays a potentially oversold euro that is showing little sign of abating. FED SPEAK

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Can the BOJ achieve their 2% inflation target in two years?

Well after last night’s Japan Corporate Services Price Index rose 0.3% in May, its best reading since 2008, all signs are pointing to that inflation may rise but probably it is too early to say how close it will get

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Protests, Interventions, and Goals are Sparking Concerns that Tough Times for Brazil are real.

It was just over a year ago that Brazil’s economy was touted as one of the best emerging markets to invest in. On the currency front, if any attempt was going to be made for a South American united currency,

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USD/CAD Fundamentals

Mixed statistical releases are preventing the Canadian dollar from assembling up a rally against the U.S. dollar.  Over the past couple weeks; we have seen foreign buying of Canadian securities reach a seven month high, while manufacturing sales have fallen

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Forex: Fed Could Provide Spark For Loonie Rally $USDCAD

Mixed statistical releases are preventing the Canadian dollar from assembling up a rally against the U.S. dollar. MIXED DATA Over the past couple weeks, we have seen foreign buying of Canadian securities reach a seven-month high. That has occurred while

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An Aussie Bounce Could Be Selling Spot

The Australian dollar is falling and so far not able to find any support. After making a new three year low from the lackluster home-loan approvals report, the currency may finally take a break from its precipitous decline. SHORT TERM

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Eye On Japan: What Is Shinzo Abe’s Next Move? $EURJPY

Yesterday, the euro rallied after multiple manufacturing PMI readings surprised and the euro-zone as a whole emphasized a climb to 48.3 points. This morning the euro received another boost from one of its weakest members. Spain, known for its 27%

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The Third Arrow and how to Trade it

Yesterday, the euro rallied after multiple manufacturing PMI readings surprised and the euro-zone as a whole emphasized a climb to 48.3 points.  This morning the euro received another boost from one of its weakest members.  Spain, known for its 27%

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