Forex Dealer

Sometimes the most innocuous appearing activity can have much broader meaning. This year’s annual strategic and economic meeting between the U.S. and China involving U.S. Secretaries’ Clinton and Geithner, Fed Chief Bernanke and China’s Vice Prem…

Last week’s economic data out of China came in weaker than anticipated, raising expectations that the Peoples Bank of China will be easing in within the year. In fact China lowered its reserve requirement this weakened  by 50 basis points and ma…

As interest rates have converged (both central bank official rates and bond yields), trading volumes in the forex markets have declined. Tighter trading ranges have ensued with a sharp drop in volatility. One possible reason for this that many central …

The euro continues to trade in a tight range of 1.3000 to 1.3500. This coiling action has many traders shaking their heads.Given all of the recent events highlighting the long standing crisis in Europe, be it budget, financial or politically related, t…

Buying the Brazilian real/Japanese yen (BRL/JPY) cross looks attract at current levels. Why? Let’s take a look at underlying fundamentals for both currencies. JAPAN ACTIONThe Japanese yen has been steadily strengthening, up 3.5% in late March as Japane…

Relative quiet in the currency markets the day after Easter. Despite the expected selloff in equities at the U.S. open on Monday, the currency markets generally lacked follow-through across the board. YEN RACKING UP GAINSLook for consolidation this wee…

The month of March was not kind to currencies Down Under. The Aussie dollar plunged over 4.3% in March, but looking at the fundamentals—is that sell-off justified? NEGATIVE FACTORSMuch of the pressure on the currency can be attributed to the followin…

When the Bank of Japan (BOJ) met in February they joined a select and growing group of central banks around the world that have adopted soft monetary policies. In a surprise move the BOJ doubled their asset purchases and increased their inflation targe…

After the Federal Open Market Committee (FOMC) meeting last week, Federal Reserve Chairman Ben Bernanke acknowledged signs of strength in the U.S. economy but failed to mention another round of quantitative easing.  The U.S. economy has been stead…

After the Federal Open Market Committee (FOMC) meeting last week, Federal Reserve Chairman Ben Bernanke acknowledged signs of strength in the U.S. economy but failed to mention another round of quantitative easing.  The U.S. economy has been stead…