Ruble Bearish as Traders Flee Risk; BoM Receives 14B RUS Bailout
September 8, 2011 8:18 am by Greg HoldenThe Russian ruble (RUS) has been getting hit by a market environment thick with risk aversion. Heightened sensitivity brought on by a German court ruling, Italy’s debate over an austerity package, and peripheral discussions over Greek debt have all led ...
Brazil Unexpectedly Slashes Interest Rates
September 1, 2011 4:30 pm by Russell GlaserIn an age where central bankers are attempting to increase transparency in the policy making decision process the Brazilian central bank gave a prime example of how not to conduct monetary policy communications when it unexpectedly slashed interest rates by ...
Domestic Prices Falling Across Japan
August 15, 2011 3:07 pm by Greg HoldenAlthough Japan’s preliminary gross domestic product (GDP) data for the second quarter of 2011 revealed mild contraction, its GDP Price Index underscored sharp declines in prices across the island economy. The data, presented in an annualized format, revealed a 2.2% ...
Japanese Government Comments and Market Positioning Hint at Additional JPY Intervention
August 11, 2011 2:48 pm by Russell GlaserTough talk from Japanese officials continues to spark speculation of additional intervention in the FX markets to weaken the yen. Market positioning is also overextended and a move higher in the USD/JPY could be sharp and quick.
Scandinavian Currencies Weighted by Euro Zone Woes
July 13, 2011 2:24 pm by Greg HoldenThe fear of debt contagion spreading across the more fragile nations within the euro zone has begun to affect its regional neighbors to the north. The economies of Sweden, Norway and Denmark have all been bulwarks of stability during the ...
COT Data Shows Traders Now Bearish on CAD
June 27, 2011 10:03 am by Russell GlaserData from this past week’s CFTC Commitment of Trader’s Report (COT) shows leveraged money traders have an overall short position in the Canadian dollar for the first time in a year.
FX Technical Analysis – USD/CAD Bearish Divergence
June 23, 2011 11:08 am by Russell GlaserTechnical signals show a potential resumption in the long term downtrend of the USD/CAD.
Japanese Trade Deficit Holding Steady
June 21, 2011 6:56 am by Greg HoldenA report from the Bank of Japan (BOJ) this morning gave several investors reason for optimism in regards to Japan’s exporting capabilities. Given the surging strength of the yen for the past few years, many had anticipated a slowdown in ...
Yields Favor Gains for Swedish Krona
June 15, 2011 11:57 am by Russell GlaserFundamentals appear in favor of the Swedish krona according to interest rates and bond yields.
Japan Publishes Positive Financial Growth
June 8, 2011 8:16 am by Greg HoldenThree reports out of Japan this morning have given cause for traders to heighten interest in the Japanese yen. The first two were the 12:50 GMT publications by the Bank of Japan (BOJ) regarding its annualized bank lending level and ...
