The British Pound Is A Bargain

(This is an excerpt from an article I originally published on Seeking Alpha on May 19, 2013. Click here to read the entire piece.) {snip} Traders have gotten quite bullish on the U.S. dollar. Reuters reported that bullish bets on the U.S. dollar have reached an 11-month high: {snip} This critical juncture for the dollar … Read more

A “Non-Dovish” Mark Carney Sets A Floor for the Pound

(This is an excerpt from an article I originally published on Seeking Alpha on August 30, 2013. Click here to read the entire piece.) {snip} Before Mark Carney took over as governor of the Bank of England (BoE), the main question buzzing in financial media seemed to focus on figuring out just how dovish Carney … Read more

Pound Continues to Push Higher As Carney Fails to Rein In Bond Market

(This is an excerpt from an article I originally published on Seeking Alpha on August 15, 2013. Click here to read the entire piece.) In last week’s Inflation Report, Bank of England governor Mark Carney tried his best to spin the good economic data in the United Kingdom as evidence that interest rates need to … Read more

Surging U.S. Dollar and Carney Overwhelm Bullish Underpinnings for the British Pound

(This is an excerpt from an article I originally published on Seeking Alpha on July 8, 2013. Click here to read the entire piece.) Last week was a great week of economic news for the United Kingdom. The apparent economic improvement seems to be unfolding just as Mervyn King seemed to suggest in his final … Read more

A Crescendo Looms for the Australian Dollar Even As Traders Cast About for New Forex Leader

(This is an excerpt from an article I originally published on Seeking Alpha on June 6, 2013. Click here to read the entire piece.) On Monday night (June 4th, Tuesday morning in Australia), the Reserve Bank of Australia (RBA) decided to leave its cash rate steady at 2.75%. The statement contained no new news and … Read more