Archive for eur/usd

Bearish AUD, CAD and EUR

Fresh back from vacation in the Sunny Caribbean - here are some trades that I like off the bat:
1) Short AUD - After last week’s disappointing GDP, retail sales, service and manufacturing PMI reports, there is no chance the RBA will be talking about another rate hike this evening. The last time we heard [...]

How EUR Could React to Irish Bailout

A great deal of discussion has been had about whether or not Ireland needs a bailout. However as currency traders, what is important to us is how the euro could react if the speculation becomes reality and history can be particularly useful for this purpose.
Greece received a record breaking bailout the weekend [...]

Why is Euro Pulling Back?

I was on the Business News Network this morning talking about why the euro pulled back after touching 1.40 and the fundamentals behind the trade. Click on the image to access the video:

Outlook for JPY, GBP, EUR, USD

I was on the Business News Network this morning talking about today’s developments including the Japanese elections, the prospect of intervention, the UK CPI numbers, the reason why euro is weak and U.S. retail sales. Click on the image to access the Video

Best Reason to Buy Euros?

The best reason to buy euros is because this man likes ‘em! Premier Wen Jiabao, the leader of China said last night that China and Western Countries should work together to enhance the world’s confidence in the euro and the European Union’s economy. China will be working directly with Spain on [...]

Euro: Continuation or Consolidation?

The euro has sold off aggressively over the past 24 hours, breaking below at least 3 big figures in the process. After such a strong move, many currency traders wonder if there will be consolidation or continuation. Today’s sell-off in the EUR/USD was the strongest since January 5, 2009 and taking a look [...]

CNBC Interview: Outlook for Euro

I was on CNBC Squawk Box this morning talking about the outlook for the euro. Boris and I did a Double Take today with me on the 7:30 and him on the 6:30. Here’s my clip. Enjoy!

BNN Interview on Euro

I was on the Business News Network this afternoon talking about the impact of the EU Stress Tests on the euro. Enjoy! Click on the image to access the video

China’s Currency Tango

I was on the Canadian Broadcast Network last night talking about the outlook for the Chinese Yuan. Click on the image to access the video

Euro Extends Gains, Risk Up on ECB Comments and Data

Risk is being bought this morning following not so dovish comments from ECB President Trichet and stronger than expected economic data.
Going into the ECB meeting, traders were worried that the Central Bank President would stress the need for ongoing liquidity measures to support the economy and the risks posed by balance sheet adjustments. [...]