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  • The Fed Could Still Surprise On Policy

    February 29, 2012 - no Comments

    30A big hubbub has emerged today with the market wanting a QE3 measure – and not getting it.  But, today’s comments by the Federal Reserve’s Chairman Ben Bernanke, shows that

  • LTRO Was an Epic Fail

    February 29, 2012 - no Comments

    30The numbers are out, and they don’t look good.  According to the official numbers, the European Central Bank’s second round of LTRO (long term refinancing operation) produced about 530 billion

  • Indian Rupee: Expect A Move Higher

    February 29, 2012 - no Comments

    30Loose monetary policy.  That’s what a lot of traders are expecting when it comes to central banks in Asia and the South Pacific.  China loosened its reserve ratios just a

  • EUR/USD 29/02 After LTRO

    February 29, 2012 - no Comments

    30It seems like the market has not reacted too much to LTRO which has determined EUR 529.50 financing. We are still around 1.3460′s. It seems like the market has the

  • Irish EU Treaty Vote – Forget About It

    February 28, 2012 - no Comments

    30Suffering slightly during the earlier part of the session, the euro fell against the US dollar following Ireland’s push for an EU treaty referendum vote.  The vote, which is widely

  • GBPCHF Opportunity Looms Ahead of LTRO

    February 28, 2012 - no Comments

    30With all the talk of the Euro in the last couple of days, it seems that a technical opportunity has surfaced in another pair of currencies outside the usual realm:

  • Why You Shouldn’t Be Looking For An AUDUSD Sell

    February 28, 2012 - no Comments

    30Against the US dollar, the Aussie has been the bees knees among major currencies – rising by about 6% over the last two months.  However, the exchange rate is running

  • Euro: Another Move Lower?

    February 28, 2012 - no Comments

    30The euro has come along way since hitting a low circa 1.2600 at the beginning of the year – all despite the ongoing Greek saga.  Now with the exchange rate

  • Could Crude Prices Push the South Korean Won Higher?

    February 27, 2012 - no Comments

    30Although crude oil prices have come back in the last 24 hours, they are still far above levels that traders saw in January.  Trading at $108.56, WTI crude futures are

  • Problems Ahead for NZDUSD Momentum

    February 27, 2012 - no Comments

    30Vaulting higher by 1%, the Kiwi has gained momentum against the US dollar throughout the overnight – finding support at the 0.8321 level.  However, the current pace of momentum has