Forex Investment and Currency Trading

The swiss franc has, or we should say had, a reputation for being a safe-haven currency. Apart from Switzerland’s historical neutrality and legendary bank secrecy laws, this reputation is largely a relic of the Cold War. At the time, fears of a European ground war between the United States and the Soviet Union meant most European financial centers could be out of business in short order. In terms of a major European currency alternative to U.S. dollars or German deutsche marks, the CHF became the safe-haven currency during times of geopolitical tensions.
There are still plenty of people in the market [...]

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AUD-USD is still expected to trend higher towards 0.72+
A very slow basing pattern is under way, with 0.6245/0.6010 key support holding
Technically, clients should be small long and add on an upside break of 0.6629

The AUD-USD pullback in early March found support ahead of the critical 0.6245 area, with buyers driving spot above 0.65 again. This is still seen as part of a basing pattern, which is taking time to unfold. On a trend basis, AUD-USD is above the 20-day moving average (MA) at 0.6455, but is below the 60-day MA at 0.6629. A turn above the latter is expected over [...]

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EURGBP has fallen from 0.9805 to 0.8696 in just over a month, so

Was the 0.9805 high on EURGBP the peak of a long term bull market that started in May 2000 instead of a relatively minor high?
Can we see EURGBP and EURUSD trade in opposite directions thereby potentially implying an aggressive rally in GBPUSD?

The analysis here leads us to think that the answer to the questions above is YES.
The last time EURGBP fell while EURUSD and GBPUSD rallied was from May 2003 when EURGBP peaked at 0.7255. What was going on in 2003?…

The last cycle low in interest rates saw the [...]

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The NZD is a notable under performer overnight with weak business confidence data and S&P putting the country’s credit rating on negative watch; sovereign risk is gaining a little more attention this week, following S&P’s moves to finger weaknesses in the Irish, Greek and Spanish fiscal positions
over the past few days. Despite the rating agencies apparent confidence in the US’ fiscal position, some of the issues raised by S&P with regard to the NZ and the peripheral euro zone economies may count for some other major economies as well; other ratings downgrades could follow and it remains to be seen [...]

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