A Weakening Canadian Economy Needs A Weaker Currency

(This is an excerpt from an article I originally published on Seeking Alpha on Feb 24, 2013. Click here to read the entire piece.) {snip} Source: FreeStockCharts.com {snip} In 2012, the yield curve for Canadian government bonds flashed a major warning signal. In particular, the gap between 2-year and 5-year bond yields fell dramatically from … Read more

Nikkei Finally Slides As Yen’s Recent Strength Gains More Momentum

(This is an excerpt from an article I originally published on Seeking Alpha on April 2, 2013. Click here to read the entire piece.) {snip} The Japan-based ETF took an even bigger hit, falling 3.9% and almost wiping out all of March’s hard fought gains in one day: The highlights I read in one of … Read more

Homebuilding At the Crossroads Of Changing Demographics

(This is an excerpt from an article I originally published on Seeking Alpha on January 21, 2013. Click here to read the entire piece.) On January 17th, NPR’s All Things Considered ran a story called “Homebuilding Is Booming, But Skilled Workers Are Scarce.” It was yet another story adding to the evidence that the tightness … Read more

2013 Forex Outlook: More of the Same for the British Pound

(This is an excerpt from an article I originally published on Seeking Alpha on December 26, 2012. Click here to read the entire piece.) Most of the clues required for the British pound’s direction for 2013 are contained in the Bank of England’s last Inflation Report back on November 14, 2012. The British pound enjoyed … Read more

Time to Pare Back Bullish Positions In the Australian Dollar

(This is an excerpt from an article I originally published on Seeking Alpha on December 16, 2012. Click here to read the entire piece.) Almost two weeks ago, I noted that as long as the Australian dollar (FXA) maintained its stubborn strength, it made sense to play the currency long versus the weakening Japanese yen … Read more