Market Mood Swings Toward An End to the U.S. Dollar’s Latest Rally

(This is an excerpt from an article I originally published on Seeking Alpha on July 11, 2013. Click here to read the entire piece.) Ordinarily, I would have called Wednesday’s (July 10, 2013) close on the S&P 500 (SPY) a stalemate that potentially signals a reversal in fortunes for the index. The flat close occurred … Read more

Forex Falllout From the Fed’s Latest Decision On Monetary Policy

(This is an excerpt from an article I originally published on Seeking Alpha on June 20, 2013. Click here to read the entire piece.) {snip} The Federal Reserve announcement sounded a bit like something former governor Mervyn King might say about the prospects for the Bank of England’s bond purchase program: {snip} I imagine believers … Read more

Employment Numbers Bring Australian Dollar’s Rally to A Halt

(This is an excerpt from an article I originally published on Seeking Alpha on September 12, 2013. Click here to read the entire piece.) Financial markets must have had extremely optimistic expectations for Australia’s August employment numbers. Right after the release of the employment statistics on September 12th (Australian time), the Australian dollar (FXA) pulled … Read more

The Australian Dollar Strengthens In the Absence Of A New Catalyst for Rate Cuts

(This is an excerpt from an article I originally published on Seeking Alpha on May 19, 2013. Click here to read the entire piece.) Time to swivel heads around on the Australian dollar (FXA) yet again. In “Australian Dollar’s Relief Rally Ends With The Latest RBA Meeting Minutes,” I concluded that the Reserve Bank of … Read more

Australian Dollar’s Relief Rally Ends With the Latest RBA Meeting Minutes

(This is an excerpt from an article I originally published on Seeking Alpha on August 20, 2013. Click here to read the entire piece.) It was fun while it lasted. The anticipated relief rally in the Australian dollar (FXA) seems to have ended in parallel with the release of the meeting minutes from the last … Read more