In this section we explain how economic fundamentals indicators, such as interest rates, influence FX rates.
We closely follow the AUD/USD pairing here at FX Strategy as it embodies the risk on/risk off world that we currently live in. Australia’s economy is booming thanks to the mining sector and China’s never ending thirst for everything dug out of the ground. Read more >>
A historic day in Europe beckons today as it will decided whether the Greek Prime Minister, George Papandreou, will remain in office. Papandreou is facing a confidence vote over his handling of the bailout plan. Failure to endorse his position is in a sense opposition to Greece cooperating with the bailout plan, at least in the short-term. Read more >>
It’s been quite a circus in Europe lately – entertaining, all be it the edge of your seat variety! Like often is the case with markets, the currency market made up its mind on the 4th of October Read more >>
As we indicated on the 28th of October in our video on the USD/JPY, intervention from the Bank of Japan (BoJ) sent this pair much higher. As we predicted, the intervention sent this pair up a couple of hundred pips from around the 75.8 mark to the current level of 77.94. Read more >>
There is a saying by the famous investor Charlie Munger to “Invert. Always invert”. What he means by this saying is that you must always consider the other side and play devils advocate with you investment ideas or in this case with your FX strategy. Read more >>
The other week we ran through a bit of background to the FX Markets, so this week I thought we would run through a few basics of FX Trading. Read more >>
Last month I published an article (http://www.fxstrategy.com/articles/fundamental-articles/currency-intervention-risk-opportunity-76.html) that mentioned renowned Pershing Square hedge fund manager Bill Ackman’s FX strategy for a HKD trade. Read more >>
We’ve had a number of new members to FX Strategy in the last few weeks asking questions about trading FX so I thought we would take a step back this Friday from our usual focus and just go through a few fundamental facts regarding FX trading. Read more >>
Like Charles Dickens said in his famous novel The Tale of Two Cities, “It was the best of times, it was the worst of times; it was the age of wisdom, it was the age of foolishness”. And that is exactly how it would be for many FX traders out there after the last few weeks. Read more >>
Global markets are in a tail spin and certain nations such as Greece are on the brink of collapsing like a house of cards, forcing them off the Euro and to establish their own stand alone currency again. Read more >>
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