Canadian Dollar Extends Weakness As the Bank of Canada Sounds Fresh Alarms

(This is an excerpt from an article I originally published on Seeking Alpha on December 3, 2013. Click here to read the entire piece.) {snip} Source: FreeStockCharts.com The Bank of Canada was consistent with the change of tone from late October’s downgrade of the Canadian economy. In particular, inflation retreated further away from target: {snip} … Read more

British Pound Breaks Out As GDP Further Confirms Momentum of UK Recovery

(This is an excerpt from an article I originally published on Seeking Alpha on November 26, 2013. Click here to read the entire piece.) Third quarter GDP for the United Kingdom grew 1.5% year-over-year and 0.8% quarter-over-quarter. These numbers met economist “expectations,” yet the British pound soared in response anyway. This rally is important as … Read more

Governor Stevens Delivers: Australian Dollar Intervention “Remains Part of the Toolkit”

(This is an excerpt from an article I originally published on Seeking Alpha on November 21, 2013. Click here to read the entire piece.) As I noted earlier this week, I was eagerly anticipating the release of the minutes from the last policy meeting of the Reserve Bank of Australia (RBA) and a speech by … Read more

Some Quick Implications As the U.S. Dollar Turns the Corner On Taper Fears Part Two

(This is an excerpt from an article I originally published on Seeking Alpha on November 11, 2013. Click here to read the entire piece.) The next statement on monetary policy from the U.S. Federal Reserve comes on December 18th. With taper expectations on the rise again thanks to the 204,000 jobs added in October, it … Read more

Some Quick Implications As the U.S. Dollar Turns the Corner On Taper Fears Part Two

(This is an excerpt from an article I originally published on Seeking Alpha on November 11, 2013. Click here to read the entire piece.) The next statement on monetary policy from the U.S. Federal Reserve comes on December 18th. With taper expectations on the rise again thanks to the 204,000 jobs added in October, it … Read more