Forex Investment and Currency Trading

Today equities are in focus once again, after tanking overnight in Asia and Europe. There’s a lot of chatter about another coordinated inter-meeting rate cut from major central banks, but this time a bigger one of something like 100bps. Definitely something to keep an eye on this morning, with G7 central bankers already gathered together [...]

[Read more →]

Markets in FX reveal the global panic and fear in assets.  CHF and JPY gained, AUD, NZD and CAD lost.  Oil is down almost $4; Gold up almost $42.  News set overnight focuses on the Japanese insurer going under, Libor going up again to highest levels of the year; GE profits meeting forecasts; Canadian employment [...]

[Read more →]

A large fix went through and the market couldn’t handle it.  We’ve seen a 288 point range so far today.  The market just can’t handle large volume.  We’re seeing years and years of lending excess and carry trades being unwound in a matter of weeks.  It’s a stampede of position liquidation as everyone tries to [...]

[Read more →]