by Gord Weisemann
This past week, the markets have generally taken a breather from their relentless selling. That being said, the momentum doesn’t inspire much confidence, at least not for me. The markets will generally take the path of least resistance. Let’s take a look at the picture for currencies.
U.S. Dollar
Last week, the U.S. dollar [...]

by Gord Weisemann
Last week I said that volatility and risk aversion were the primary themes, and this week we’ve seen round two. Both the S&P 500 and Dow Jones Industrial Average as well as several currencies moved beyond their “black swan” extremes. All things considered, I think most major markets are moving closer to [...]

The end of the week brought us the surprising news that the SEC is bringing civil charges against Goldman Sachs in regard to disclosures for some of their mortgage products. This rocked investor confidence in virtually every product, but my initial guess is this reaction will be temporary. A significant number of commodity markets had [...]

by Drew Shaw
At its March 2 policy meeting, the Bank of Canada (BOC) maintained its benchmark short-term interest rate at an all-time low of 0.25 percent. It’s been at this level since April 2009, and is not expected to change until the end of the second quarter of this year. The BOC said that the [...]

by Greg Perlin
The U.S. dollar has been in a bearish trend for quite some time against the euro, but the charts are telling me this may be changing.

Aussie Dollar Benefits from Carry Trade, Improved Commodity Demand
By Phil Streible
The Australian dollar has pulled back a bit after a strong rally, and I think it’s an opportune time to set up an Aussie dollar debit spread, based on supportive technicals. There have been some signs of stabilization in the global economy, and as [...]