Relatively speaking, the Chinese Yuan has been on a tear, appreciating ~1% in a little more than a month. One has to wonder...
Chinese Yuan: Further Appreciation is Inevitable
Friday, May 16, 2014
Monday, May 12, 2014
CAD/USD Parity: Reality or Illusion?
In January, the Canadian Dollar (aka Loonie) registered its worst monthly performance since June. Many analysts pointed...
Sunday, May 11, 2014
New Zealand Dollar Rise Threatens Economic Recovery
Having risen nearly 30% against the US Dollar since March, the New Zealand Dollar (NZD or Kiwi) is now close to a 9 1/2...
Canadian Dollar Slated to Outperform Other Commodity Currencies
In the same vein as Monday’s and Tuesday’s posts (covering the New Zealand Dollar and Australian Dollar, respectively),...
Risk Aversion Hits Australian Dollar
These days, I feel like you could take that title and substitute pretty much any currency for the Australian Dollar. Let’s...
New Zealand Dollar Thriving in Obscurity
It’s understandable that forex investors basically ignore New Zealand. Its economy is around 10% the size of its neighbor...
Thursday, April 17, 2014
Pound Surges to 15-Year High
Since 1992, two macroeconomic events had not occurred in Britain: price inflation has no exceeded 3% annually and the...
Tuesday, December 20, 2011
Aussie May Have Peaked in 2010
When offering forecasts for 2011, I feel like I can just take the stock phrase “______ is due for a correction” and apply...
Sunday, August 21, 2011
CAD: Steady as She Goes
The Canadian Dollar was supposed to be one of the “hot” currencies of 2010. Given that it’s now exactly where it started...
Thursday, June 30, 2011
Loonie and Aussie Share Downward Bond
In yesterday’s post (Tide is Turning for the Aussie), I explained how a prevailing sense of uncertainty in the markets...
Wednesday, June 29, 2011
Archive for the 'Australian Dollar' Category
Tide is Turning for the Aussie“Australia is about to enter a boom that should last decades…The Australian dollar is unlikely...
Monday, June 13, 2011
Pound Stagnates, Lacking Direction
The British Pound has struggled to find direction in 2011. After getting off to a solid start – rising 4% against the...
USD Gets Double Kick
Over the last couple months, a raft of positive economic developments has driven the USD steadily to its highest level in...
Friday, June 10, 2011
Emerging Market Currencies Still Look Good for the Long-Term
In my previous update on emerging market currencies, I wrote that in the short-term, it’s important not to lump them...
Wednesday, June 8, 2011
Currency Correlations, Part II: Canadian Dollar Begins its Decline
In April, I wrote a post entitled, “Economic Theory Implies Canadian Dollar will Fall,” in which I argued that the currency’s...
Currency Correlations, Part II: Canadian Dollar Begins its Decline
In April, I wrote a post entitled, “Economic Theory Implies Canadian Dollar will Fall,” in which I argued that the currency’s...
Thursday, June 2, 2011
Is the Chinese Yuan the Most Reliable Forex Trade?
Over the last six years, the appreciation of the Chinese Yuan has been as reliable as a clock. Since 2005, when China...
Tuesday, May 31, 2011
Aussie is Breaking Away from Kiwi
The correlation between the Australian Dollar and New Zealand Dollar is among the strongest that exists between two currencies....
Monday, May 23, 2011
Risk Still Dominates Forex. The Dollar as “Safe Haven” is Back!
Well over two years have passed since the collapse of Lehman Brothers and the accompanying climax of the credit crisis....
Risk Still Dominates Forex. The Dollar as “Safe Haven” is Back!
Well over two years have passed since the collapse of Lehman Brothers and the accompanying climax of the credit crisis....
Friday, May 20, 2011
G7 Leads Shift in Forex Reserves
As you can see from the chart below, the world’s foreign exchange reserves (held by central banks) have undergone a veritable...
