Archive for Favorite Forex Trades
My Favorite Setup: EUR/GBP
EUR/GBP has sold off quite aggressively this week and I think there is still downside opportunity for this currency pair!
On the euro front, the outcome of tomorrow’s ECB meeting is likely to be euro bearish. There is no question that rates will be left unchanged and ECB President Trichet will not consciously say anything [...]
My Favorite Trade Update: CAD Closing in on Parity
Sorry I haven’t blogged as much in recent days but I have been swamped with gearing up for my trip to Singapore later this month - I will be speaking at the ATIC expo, so come by if you are around.
First an update of My Favorite Trades. In mid March, I moved on [...]
My Favorite Forex Trade: AUD/NZD
My favorite forex trade right now is shorting AUD/NZD.
After hitting a 9 year high of 1.3124 last week, the rally in AUD/NZD is losing steam. I should have posted about this earlier, but I think there is still room for the currency pair to fall.
Last week, the Reserve Bank of [...]
