Currency |
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US Dollar Could Fall to a New Record Low
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We have seen some big moves in the currency market this past week, but these fluctuations should pale in comparison to the action that we expect to see next week.
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Will Strong Growth Eliminate the Need for a BoC Cut?
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The Canadian economy has continued to remain resilient in the face of a U.S. and global slowdown, which the upcoming January GDP reading is expected to confirm. The monthly growth measurement is expected to have improved in January to 0.4% from -0.7% the month prior.
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Strong Canadian Growth May Push USD/CAD Below Parity
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The January Canadian GDP release may not have the same market moving potential as December's reading which was reinforced by the quarterly number.
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US Dollar Consolidates Losses as Easing Price Pressures Boost Fed Rate Cut Expectations
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Rising risk aversion paired with slowing inflationary pressures heightened US dollar volatility as it swayed throughout the trading session.
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Interview with Traders Ben and Harold Riley
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Tim Bourquin interviews Ben and Harold Riley, who talk about how they are learned the ropes, what their goals are, and how they find trading opportunities.
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The Odds Czar: Index Futures Biases for March 28
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Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for March 28.
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Downside Bias in Yen?
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Todd Gordon writes that as long as the yen is below the 100.15 trendline resistance, there is a good shot at the yen going down.
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Does the US Still Drive the World Markets?
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If there is a substantial downturn in the United States, we’d expect a downturn almost everywhere. The United States sneezes, as the saying goes, and the rest of the world gets a cold. But Bill Bonner is beginning to think that this time it might be the other way around.
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British Pound Could Break 2.0 If Disaster Hits UK Mortgage Lenders
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According to an article in the Times, Nationwide, the country’s second largest mortgage lender is planning to turn away business.
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Will Falling House Prices Sink the Pound?
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The U.K. housing market has been in a steep decline, and the upcoming March Nationwide House Price measurement is expected to show housing values declined for a fifth straight month.
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