Relatively speaking, the Chinese Yuan has been on a tear, appreciating ~1% in a little more than a month. One has to wonder...
Friday, May 16, 2014
Monday, May 12, 2014
CAD/USD Parity: Reality or Illusion?
In January, the Canadian Dollar (aka Loonie) registered its worst monthly performance since June. Many analysts pointed...
Sunday, May 11, 2014
New Zealand Dollar Rise Threatens Economic Recovery
Having risen nearly 30% against the US Dollar since March, the New Zealand Dollar (NZD or Kiwi) is now close to a 9 1/2...
Canadian Dollar Slated to Outperform Other Commodity Currencies
In the same vein as Monday’s and Tuesday’s posts (covering the New Zealand Dollar and Australian Dollar, respectively),...
Risk Aversion Hits Australian Dollar
These days, I feel like you could take that title and substitute pretty much any currency for the Australian Dollar. Let’s...
New Zealand Dollar Thriving in Obscurity
It’s understandable that forex investors basically ignore New Zealand. Its economy is around 10% the size of its neighbor...
Thursday, April 17, 2014
Pound Surges to 15-Year High
Since 1992, two macroeconomic events had not occurred in Britain: price inflation has no exceeded 3% annually and the...
Tuesday, December 20, 2011
Aussie May Have Peaked in 2010
When offering forecasts for 2011, I feel like I can just take the stock phrase “______ is due for a correction” and apply...
Sunday, August 21, 2011
CAD: Steady as She Goes
The Canadian Dollar was supposed to be one of the “hot” currencies of 2010. Given that it’s now exactly where it started...
Thursday, June 30, 2011
Loonie and Aussie Share Downward Bond
In yesterday’s post (Tide is Turning for the Aussie), I explained how a prevailing sense of uncertainty in the markets...