Friday After Thanksgiving Forex Breakout Fundamental Trading Strategies | Written by Kathy Lien
The following table shows that on average since 2003, the trading ranges for the EUR/USD and GBP/USD increases 200% the day after Thanksgiving. The impact on USD/JPY is less significant but we still see similar trading activity. Read more...
Predicting Trends of the Oil Marketplace and Impact upon FX Trading (CADJPY ) Fundamental Trading Strategies | Written by Joseph R. Plazo
Why should you worry about the price of oil if you’re not buying and selling oil? If you’re trading currencies, there’s one very good reason. Many of the most important currency trading pairs rise and fall on the price of a barrel of oil. Read more...
Canadian Dollar(CAD): End of Month Trading Anomaly Fundamental Trading Strategies | Written by David Rodriguez
Did you know that the Canadian dollar has a very unique trading characteristic at the end of every month? According to our statistical analysis, we found that over the past 10 years, USD/CAD tends to fall in the last week of the month with a 95 percent confidence level. Read more...
Oil Prices Back to $50? Trade USD/CAD Fundamental Trading Strategies | Written by Kathy Lien
If oil crashes, there will be ripple effects across many economies. In theMiddle East, a lot of wealth and home valuations are tied to oil, making it even more important for those traders to look for hedging opportunities. The same is true here in North America. Read more...
How Does an Oil Crisis Impact the US Dollar? Fundamental Trading Strategies | Written by Kathy Lien Oil prices are rising and the US dollar is falling, but is this the natural relationship between these two assets? Taking a look back at the two prominent oil shocks of the past four decades (1973 and 1979), we see that this is not necessarily the case.
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Selling US Dollars: Best Trade of 2007, What Is In Store for 2008? Fundamental Trading Strategies | Written by Kathy Lien
Selling US dollars was one of the best trades of 2007. Since the beginning of the year, the dollar has fallen as much as 13 percent against the Euro, 10 percent against the Japanese Yen and 8.5 percent against the British pound. Read more...
A Weak US Dollar: How Does that Impact You? Fundamental Trading Strategies | Written by Kathy Lien
Increased Exports – One of the biggest reasons why a weaker dollar will help the US economy is because it increases the competitiveness of US goods. Read more...
How a Drop in Natural Gas May Lead to a Rally in Yen Fundamental Trading Strategies | Written by Boris Schlossberg
News this week that a 32 year old Canadian energy trader by the name of Brian Hunter recently lost approximately $5 Billion dollars in a period of only one week in the natural gas market caused an uproar on Wall Street. Read more...