Archive for forex blog

Video Interview: Favorite Trade and Comments on Data

I was on the Business News Network this morning giving my instant insight on the U.S. data and my favorite trade calls.
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My Favorite Trade: AUD/NZD Update Plus USD/CAD and EUR/GBP

Last week, I wrote that shorting AUD/NZD is my favorite trade. At that time, I said that if the currency pair rallies back above 1.31, then the uptrend has resumed and my call is wrong. However, AUD/NZD tortured me and came within 2 pips of 1.31 (1.3098) before reversing sharply lower. There [...]

Dissecting the Fed Statement

Here is my dissection of the March 16 Fed Statement
FOMC Statement March 16, 2010
Information received since the Federal Open Market Committee met in January suggests that economic activity has continued to strengthen and that the labor market is stabilizing ( upgraded “from deterioration in the labor market is abating”). Household spending is expanding at a [...]

Kathy’s CNBC Interview: Upside for the Yen?

I was on CNBC Squawk Box Australia last night talking about the outlook for the Japanese Yen as well as the European currencies:

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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 [...]

Who Has Lost More Jobs - Men or Women?

The U.S. labor market report was released this morning and the data was much better than everyone had anticipated. Following the warning from Larry Summers that the storms in the Northeast could have swelled unemployment rolls, investors were bracing for the worst. However disaster was averted and Larry Summers will probably not be [...]

What Does Larry Summers Know About Payrolls?

Aside from the fact that Lawrence Summers, who is Obama’s Economic Advisor was a former Treasury Secretary, what does he really know about last month’s non-farm payrolls report? On the eve of the February NFP release, we wonder loudly how accurate his prediction of a snow-storm related bulge in unemployment really is.
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Video: What to Expect from ECB, BoE and Non-Farm Payrolls

I was on Fox Business this afternoon talking about the overstretched positions in the euro and British pound as well as the outlook for the ECB, BoE and Non-farm payrolls report
If the video doesn’t load, watch it here Kathy’s Fox Business Interview
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British Pound Falling - WSJ Cites Upcoming Election

The WSJ and the Financial Times are crediting the drop in the British pound to the upcoming election. Worth a read though I still think that its more than just politics because politics have been in the background for the past few months. If you haven’t read it yet, read my piece on 5 [...]