Forex Signals

Why are food prices rising globally? Because QE2 is forcing Chinese manufacturers to build on what used to be farmland. For shame, Mr. Bernanke.

BOSTON (
MarketWatch ) — It used to be when E.F. Hutton spoke, we would listen. Now it’s PIMCO.
Yes, a world of investors seems to hang on every word spoken by Bill Gross or Mohamed A. El-Erian or just about any one of the many experts in the PIMCO stable. When PIMCO speaks, money moves and [...]

Relatively speaking, the Chinese Yuan has been on a tear, appreciating ~1% in a little more than a month. One has to wonder whether this is a concession by the People’s Bank of China (PBOC) that its exchange rate regime is not viable or whether its instead a political sop. The [...]

We always watch inter-market correlations. We believe it helps determine capital flows which helps with timing investments and trades. A popular one is the correlation between the Japanese yen and the Nikkei. Historically they share a tightly negative correlation – when the yen appreciates, the Nikkei loses value; and vice versa. Japanese investors’ appetite for [...]

Overnight, China raised interest rates another 25bp, marking the third time since October that they have raised rates as inflation has stubbornly remained above 4%. But the question is, is it inflation that is stubborn or is it the Chinese government?

Part of the “problem” taking place in China is that they are on a potential [...]

I want to wish everyone Kung Hei Fat Choi or a Happy Chinese New Year as we enter the year of the metallic rabbit. And why not celebrate it with a bottle or two of San Miguel Beer? Well, it’s not exactly like the Tsingtao Beer of China but [...]

Earlier this morning, China reported a slew of economic data that shows that their economy is still cranking along at a healthy clip.  GDP figures bested estimates of 9.4% growth, coming in at 9.8%.  CPI data came in lower at 4.6% matching expectations, though PPI data came in slightly higher than expected posting a rise [...]

At the very end of 2010, the Chinese Yuan managed to cross the important psychological level of 6.60 USD/CNY, reaching the highest level since 1993. Moreover, analysts are unanimous in their expectation that the Chinese Yuan will continue rising in 2011, disagreeing only on the extent. Since the Yuan’s value is controlled tightly  by Chinese [...]

We’re perfectly happy eating in a Chinese restaurant. But will we start banking in a Chinese bank?

It’s not as crazy as it sounds. As The Wall Street Journal’s Lingling Wei
reported Wednesday , the Bank of China here in the U.S. has started allowing American customers to open an account and to invest up to $4,000 [...]

Based on nominal exchange rates, the Chinese Yuan has appreciated by a modest 2% against the US Dollar since the month of September (when the People’s Bank of China (PBOC) adjusted the currency peg for the first time in nearly two years). If you take inflation into account, however, the Chinese Yuan has risen by [...]