Near-term outlook for the dollar, without resorting to inflammatory and unproven claims.
Overview of the price action in the forward exchange market and a look ahead.
Dispassionate overview of the price action in the foreign exchange market in the context of the funamental developments.
Overview of the price action in the foreign exchange market and a short word on US 10-year Treasuries.
An overview of the price action in the FX market and a look at US 10-year yields. No ride on an ideological hobbie horse or axe to grind. Just trying to make sense of the price aciton
He's funny cause he's... funny.
We are short of Brent while long of WTI, but the political situation over which we’ve no control has taken control of this spread rendering our position intolerable and forcing us to run for cover upon receipt of this commentary. Not to do so would be trading foolishness of the first order
Because in all other situtations when Gartman "puts" on crude positions (with whose money?) which are always a function of geopolitics, he does so only when he has control over the "political situation"? Gotcha.
A look at the likely price action in the forex market in the week ahead.
Could the euro rally on a 10-15 bp cut in key rates? Technical indicators suggest this may be likely.
The near-term outlook for the US dollar appears to be improving. Here is why.
A look at the technical condition of the foreign exchange market.
Dispassionate discussion of the near-term forces at work in the foreign exchange market.
Here is the technical reasons why the euro, sterling and Swiss franc retreat is a likely a correction rather than a change of the underlying trend. US 10-year yields near lows and a recovery could lift the greenback vs JPY.
Some thoughts about the price action, or lack thereof, in the foreign exchange market.
While the Fed has clearly had a problem with reflating the broader housing bubble, one which would impact the middle class instead of just those who are already wealthier than ever before thanks to the Russel 200,000, one place which not only never suffered a housing bubble pop in the 2006-2008 years, but never looked back as it continued its diagonal bottom left to top right trajectory is Canada. As the chart below shows, the Canadian housing bubble has put all attempts at listening to Krugman and reflating yet another bubble to shame.
It is not true that there has been a secret protocol, reintroducing fixed exchange rates, though the lackluster price action in the foreign exchange market and the continued erosion of volatility make it feel almost like it.