Archive for January, 2010
Next Entries »Start of Year Shuffle!
Wednesday, January 6th, 2010As I’ve mentioned in earlier posts, the beginning of the year can be an exciting time in the forex markets as new policies, market forces, and world events can help shape what’s going to come this year. So while there are no “dominant” themes as of yet, the confluence of events that occur early on [...]
Yen Up, Pound Down!
Tuesday, January 5th, 2010Last year’s theme in the currency markets was the “tale of two trades”, namely risk-taking or risk-aversion. However, I think this year is going to prove to be different in that I think we’re going to see some of the correlations we relied on last year break down as individual currency fundamentals are going to [...]
January Effect, Risk-Taking Driving World Markets!
Monday, January 4th, 2010Sometimes, image is everything. While appearances are always important, this couldn’t be more true than in world markets. As a result, it looks like the market is starting 2010 like gang-busters, projecting confidence and bravado in the face of nebulous economic conditions. Gold and oil are up some 2.5% this morning, and US stock markets [...]
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