Dollar Back From The Dead
It is said that “a week is a long time in politics” but last week’s turmoil across all markets felt more like a lifetime! While secretive traders in Singapore were busy trying to take down a leading UK bank the commodity bubble temporarily burst as gold, silver, oil and soft commodities all fell [...]
Dollar Rout or Dollar Recovery?
Like most commentators I have run out of adjectives to describe the state of the dollar which has managed to fall to all time lows against the euro, yen and swiss franc. This extraordinary slide has prompted currency strategists at both Goldman Sachs and Morgan Stanley to place the dollar on “intervention watch” as [...]
Forex vs Stocks
I was recently asked whether given the levels of manipulation in the stock market, would it be better to trade the forex market as currency pairs seemed more predictable because they tended to trend with more consistency.
The answer, of course, is neither straightforward nor clearcut as both markets have their advantages and disadvantages. On [...]
Aussie Gold
One of my regular readers Sol has asked my opinion on the Aussie dollar and in particular my views of trading the aussie yen. Having looked at the chart for this pair I would personally concentrate my trading efforts on the aussie dollar for the reasons mentioned in previous posts, ie chronic dollar weakness, [...]
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