Posted in Business, Forex, Hedge Funds on March 21st, 2007 No Comments »
The question of whether margin FX trading is simply too risky for most investors has become more resonant as the FX market continues to boom at the retail level. One reason why risk is of particular concern is because the growth is predominantly in the retail market, which is seen by […]
Posted in Forex, Technical Analysis, Fundamental Analysis on February 14th, 2007 No Comments »
The Euro continues to climb against the Swiss Franc to new highs since the Euro induction. Will this stop? I like to go with the cliche saying “the trend is your friend” on this one. The Eurozone fundamentally is strong where the Switzerland economy isn’t reflecting the rest of the Eurozone growth.
The CHF is also […]
Posted in Business, Forex, United States Companies, Markets, Europe Companies, Brokers on February 7th, 2007 No Comments »
I’ve recently realized that the industry I work in is a microcosm of markets globally. Retail spot forex (foreign exchange, currency trading, FX) has rapidly gone through the phases of initiation and fast growth, and is in the middle of the “new competition” phase in the United States at least. This is where […]
Posted in Business, Forex, China, India on February 5th, 2007 No Comments »
What kind of bizarre trade is this? Some are calling it the new carry trade. Bloomberg has an article describing the upsides and why it is less risky than many think.
Some reasons to take such a trade are the following:
China Yuan non-deliverable forward has an interest rate priced in at an extremely low […]
Posted in Business, Trading, Forex, Economics, Trading Psychology, Fundamental Analysis, Dollar, British Pound Sterling on February 5th, 2007 No Comments »
There are new companies launched every day in the forex world. Well nigh on half of them are selling products that involve getting rich quick by trading news. Trouble is, few execution services are good enough for people to consistently make money trading news. This is the case even in the world […]
Posted in Business, Trading, Forex, Dollar, British Pound Sterling on January 23rd, 2007 No Comments »
One pound gets two dollars? Almost. Just before 8AM EST this morning the British pound reached 1.9917 dollars. This makes it the highest it’s seen since 1992, and is very close ( about 200 pips or two pennies away) to a 26 year high from back in 1982! Numbers have been strong out of the […]
Posted in Forex, Lending, Personal Finance, Mortgage on January 3rd, 2007 No Comments »
You know a market is big when something as widely used as mortgages are playing it too. HSBC has a mortgage that lets you pay in different currencies. It looks like it’s only for UK residents currently, as there is probably much more demand than the United States or mainland Europe.
One interesting aspect […]
Posted in Business, Trading, Forex, Trading Psychology, Fundamental Analysis on January 2nd, 2007 No Comments »
Everyone talks about the smart money and the dumb money. These terms tend to be a bit silly if only because they require circular definitions. Smart money is “smart” because it makes money, but if it stops making money, it becomes dumb money. The terms, however, imply that those making money rarely […]
Posted in Trading, Forex, Dollar, Canadian Dollar on December 21st, 2006 No Comments »
After hitting the top of the range for the fourth time and turning around, the USD/CAD looked as though it would make the round back to the bottom again. But that would have been too easy right? So instead it drops over 100 pips yesterday only to come back and close only down 40, and […]
Posted in Forex, Technical Analysis, Trading Psychology on December 18th, 2006 No Comments »
After bouncing off three times the GBP/CHF pushes up to a level that it hasn’t been above since 2002. Coming back down? Propriety trader Mihai Nichisoiu has an interesting view:
It has been my belief since long that most volatility blowouts are triggered during periods of rather low market liquidity (i.e. they may be a result […]
- Next »