I am reminded that perception is everything. Let's say I articulate the following to my wife, "Honey you look like the first day of spring today." She will probably be very pleased and... read more »
The U.S. central bank as expected kept interest rates near zero and continued to commit to keeping rates exceptionally low for an "extended period" of time due to concerns that the economy... read more »
The U.S. dollar traded higher against every major currency ahead of the Federal Reserve's monetary policy meeting. There are a few reasons why forex traders should be nervous today, but we believe... read more »
My piece on bank reform will have to delay until Monday evening. I am still working on it. Tonight's piece is on entitlements and pensions globally and locally. I asked recently if anyone had... read more »
Based upon the price action in the financial markets on Friday, the U.S. retail sales report failed to impress traders and investors. There was no ambiguity in the strength of the consumer spending... read more »
The market continues its bullish bias. Low interest rates remain the source for institutional investors to access cheap capital to trade the markets. The US Dollar continues to trade against... read more »
It is commonly believed that March tends to be a positive month for the Japanese Yen because of the fiscal year end in Japan. Tax incentives and the desire to window dress their balance sheets... read more »
After spending our entire lives in a dollar-dominated world, we Americans naturally view gold through a dollar-centric lens. We assume the gold charts we're seeing are universal. But this isn't... read more »
The U.S. dollar is trading sharply higher against the euro and Japanese Yen ahead of Friday's non-farm payrolls report. With the last 2 monetary policy decisions behind us, the NFP report will now... read more »
The two biggest event risks for currency traders over the next 24 hours are the Bank of England and European Central Bank monetary policy decisions. The first up to bat will be BoE, followed by the... read more »
