I guess a lot of North Americans are having this problem as well, but really, think of it in terms of simple economics. A bank not operating on gearing that lends at 2% will make no profit if 2% of it's borrowers can't pay up - there's just no ...

Recession and FX

From a fundamental perspective? Japanese lending rates have been very low, so investors have been borrowing from Japan to finance investments in other currencies. This in itself weakens the Yen, pushing the Yen down. New investors see not only that ...

Why did jpy strengthen?

Actually, it's a pretty good idea, particularly once a ccy pair picks a direction and starts moving. I would have been caught out severely today (since I was shorting eur/jpy, and it has bounced hard), if it hadn't been for a little luck, since I ...

This week will go down in history.

Good for you bravado. I could kick myself for not doing the same on eur/jpy after the touch of 150 - and more so at the late little bear trap, but these days it seems only the "sell" and "stop" neurons are working, grrrrr.... hijackxx - down market ...

Daily GBP/JPY analysis

Dutch - I tend to agree from an individual trader POV, put the risk introduced is going to kill the interest from many of the institutional investors who were the ones who really pushed it up. Particularly those (like lending companies) that were ...

End of the Carry Trade?

It may go down in history, but it's an unfortunate fact that that's a subject most people tend to ignore

This week will go down in history.

Whart a difference a day or two makes Anyway (long story) I have this area 156 or so - as a critical level; if we can get to 154.50 or so the door should be open to 145 )

Eur/JPY

Tropical storms/hurricanes don't have a significant impact on USD/CAD unless the threaten the Gulf coast (this one isn't even at the Leeward Islands yet, so even if it picks up steam it's 2 weeks away). As for USD/CAD itself, I'm still out, there ...

USDCAD trend reversal?

You missed a really significant point that both ForexFun and the-man-from-EFX consider highly important. You live in New York. Well, at least apparently post from thereabouts. (AFAIK, it's about the only fact they've brought up, so it must be ...

Proposed NFA Capital Requirement

No; many of the biggest refineries are in the same area. As for ccy. it's been mostly in USD/CAD going down (i.e. CAD strength) as it increases US purchases of oil from Canada.

USDCAD trend reversal?

I agree 59frnder (btw, hope that refers to the guitar, and not some random car part My own inclination is further down (as hedge funds etc. continue lightening up to cover losses elsewhere)- the real test should occur around 160.60 - The week ...

Eur/JPY

BTW, I noticed the first signs of hurricane season are upon us. From now till the end of November it's a good idea to keep this site bookmarked: url and check it occasionally during the day. Tropical storm & hurricane activity in the past has had ...

USDCAD trend reversal?

I'd be very careful "going long" re. global warming. It's still in a religious hype phase and it will be a while before anything is sorted out. For example, one of the biggest arguments in favour - that 9 of the last 10 hottest years on record ...

Global Warming - Cost and effects

Probably the best idea for USC/CAD when it gets in one of "those" moods....(there's more than one reason it's called the loonie...). But it should sort itself out and start trending eventually (one way or another); old habits are hard to break...

USDCAD trend reversal?

It's very clear, and yes, quite often the latest release is simply "the straw that broke the camels back". Generally when you have big contrary moves, like what's been happening on JPY crosses, you'll have a a building sentiment that the state of ...

Instant or not?

Gone now....

Eur/JPY

This is interesting, because it indicates a big part of 'speculative' business is simply arbitraging the tiny spread differences between various market makers. That's been a hot item (usually referred to as algorithmic trading) but is, again, ...

100% mechanical systems

I'm rather curious as to whether you have any hard info on this; ATD's main purpose isn't lightning fast execution, but the placement of large block trades. Because large block trades stuffed into the market can cause adverse feedback effects to the ...

100% mechanical systems

You're right, I'm wrong (sort of). It's rather a mish mash with the Board installed by the Government, and moving on down from there to the private sector. Here's a link describing the structure: url ...Thanks!

Are Central Banks driving the World Economy into recession?