Interest Rates, Sovereign Debt, and Event Risk
June 6, 2011 1:12 pm by Russell GlaserThis week’s trading is highlighted by a mix of potential monetary policy moves and sovereign debt risks.
Swiss Franc Boosted by Retail Sales Data; Risk Aversion
June 2, 2011 7:31 am by Greg HoldenThe surprise results from Switzerland’s retail sales report yesterday helped the Swiss franc (CHF) make sharp gains against most of its currency rivals. An international shift into safe-haven investments aided this move as forex traders tend to buy the CHF ...
Moody’s Places Japan in Path of Bond Downgrade
June 1, 2011 12:00 pm by Greg HoldenMoody’s Investor Services may end up placing Japan’s Aa2 local and foreign currency bond rating up for review this month; a move which has placed significant strain on the value of the Japanese yen. The move by Moody’s comes just ...
Japanese Yen – Fundamentals and Technicals (Part II)
May 25, 2011 12:31 pm by Russell GlaserThe technicals for the USD/JPY are beginning to signal a potential move higher, a move that is in-line with the fundamentals.
Japanese Yen – Fundamentals and Technicals (Part I)
May 25, 2011 10:34 am by Russell GlaserThe yen continues to ease as both fundamentals and technicals are aligning against the Japanese currency. Below is part I of II discussing the fundamentals of the yen and the Japanese economy
Two Factors Drive the Euro
May 24, 2011 12:19 pm by Russell GlaserThere are two major factors driving the value of the euro; interest rate differentials and the European debt crisis. At this stage, only the debt crisis is having an impact on forex trading.
ECB Resists Greek Debt Restructuring
May 19, 2011 6:37 pm by Russell GlaserLines are being drawn in the fight over how to handle the Greek fiscal crisis. The ECB and Greece are wrangling over a potential restructuring of Greek debt or an increase of financial aid to the country in return for ...
Swedish and Norwegian Kroner Advance on Growth in Risk Appetite
May 10, 2011 7:02 pm by Greg HoldenThe Swedish krona (SEK) advanced today for the first time in five days after investors appeared to be seeking out higher yielding assets. This recent surge in risk appetite was brought about following several positive economic reports out of the ...
CPI Data Weighs on Swiss Franc
May 10, 2011 5:39 pm by Greg HoldenThe consumer price index (CPI) data out of Switzerland this morning revealed slower inflationary growth than was originally expected. The sluggish 0.1% ascent in consumer prices, well below the 0.5% forecast growth, may end up adding weight to the upcoming ...
Awaiting Tomorrow’s Non-Farm Payroll Data?
May 5, 2011 8:38 pm by Greg HoldenA big hubbub has been made regarding the past two weeks. Last week it was interest rate differentials and the sharp decline of the US dollar. This week it is the death of Osama bin Laden, the Royal Wedding in ...
