Forex Signals

In April, I wrote a post entitled, “Economic Theory Implies Canadian Dollar will Fall,” in which I argued that the currency’s impressive rise was belied by fundamentals. It seems the gods of forex read that post; since then, the Loonie has fallen 3% against the US dollar alone. Based on my [...]

After a small little break away from it all we’re back in the drivers seat and giving the good old Currency Secrets website a makeover!
Throughout the coming months expect there to be more and more changes as we roll out some exciting new ideas. As normal we’re going to continue to provide an avenue [...]

FX Currency Correlations 29th April
It will come as no surprise that the US dollar is the weakest currency among the majors this past week.  The dollar has had a rough ride of late and the trend has continued.
Forex market currency correlation data for this week shows the Swiss Franc riding high and the dollar dropping [...]

ECB buys periphery bonds
Japan March consumer confidence 38.6, down from 41.2 in February. Record fall
ECB’s Trichet: We will not accept second-round effects
ECB’s Stark: ECB rates still “very low” even after hike to 1.25%
ECB’s Wellink: Must stay alert on inflation, otherwise risks of falling behind the curve
German FinMin advisor Fuest:  Greek debt restructuring is inevitable
German public [...]

Quotable
“It ain’t over till the fat lady sings.”
Casey Stengel

Commentary & Analysis
The Other Safe-Haven Currency. And …
PLAY BALL!
I was chatting with number one son John Ross the other day—he will of course be here at the international headquarters of Black Swan Capital later for the annual Major League Baseball opening day hot dog eating [...]

Quotable

“The European Union will suffer something worse than a lost decade; it will endure a chronic divergence.”
George Soros

Commentary & Analysis
Is the Single Currency Straight Jacket Tightening?

Well, one day doesn’t usually qualify as a trend, but given the way Mr. Greenie has been hammered and all the nasty things others are saying about him, some deserved, [...]

By Sara Nunnally, Editor, Smart Investing Daily, taipanpublishinggroup.com
We asked, and you’ve supplied. We love hearing from you, whether you have questions, comments or suggestions for Smart Investing Daily topics.
So keep them coming!
Today, I’d like to answer a question from Smart Investing Daily reader Y.M.:
What is your outlook for the U.S. dollar against the Swiss franc [...]

Japanese automaker Toyota has long been a consensus favorite of international investors. But whether they like the company for its pole position in the fuel economy race or for its access to the rising Yen is increasingly a matter for debate. When it comes to currency exposure these days, even the experts can’t agree.
Most international [...]

If there was every a “stock market sensitive” currency, it’s the Australian dollar.
You see, when traders/investors are willing to stick their necks out enough to get into stocks, they are also willing to go into riskier, higher yielding currencies at the same time.
In fact, you can see how closely the Aussie (AUD/USD) tracks U.S. stocks [...]