Forex Investment and Currency Trading

The recent financial storm and the liquidity injection by the Fed has proven to be USD negative as the market begins to digest the implications of the financial bail-out by the US government. At the same time, EUR/USD has rallied by more than 7% since the lows of 11th September, from 1.3882 to current levels [...]

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USD/KRW spot has been extremely volatile of late, on the back of the broad emerging weakness as well as intervention effort by the central bank. 1-month implied vols has gone from 16 vols a couple of weeks back to 23 vols now. In the near term, given the spillover effect of the meltdown in US [...]

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As of London open, with recent USD bearishness, the relatively affordable levels of GBP vols combined with spot approaching 2.0000 presents an opportunity to seek topside gains in GBP if spot breaks through this psychological level.
Current 200-day MA comes in around 1.9961, a close above this level should signal increased bullishness on GBPUSD. Currently GBP [...]

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