Weakening Trend Likely Ready To Resume for Canadian Dollar

(This is an excerpt from an article I originally published on Seeking Alpha on April 21, 2013. Click here to read the entire piece.) On April 17th, the Bank of Canada decided to leave interest rates unchanged. In its Monetary Policy Report Summary, the Bank of Canada extended out its forecast to mid-2015 as the … Read more

Latest China GDP Figures Set Up Next Buying Opportunity

(This is an excerpt from an article I originally published on Seeking Alpha on April 15, 2013. Click here to read the entire piece.) When it comes to the Australian dollar (FXA), traders have to stay nimble and on their toes. Just two days ago in “Poor Employment Report Only Slows Australian Dollar’s Breakout,” I … Read more

The Bottoming In Private Residential Fixed Investment Continues

This is an excerpt from an article I originally published on Seeking Alpha on October 31, 2012. Click here to read the entire piece.) Last week’s U.S. GDP print (advance estimate, revisions to come) came in slightly stronger than expected with an annualized growth rate of 2.0%. Financial markets had relatively muted reactions. The S&P … Read more

Surprisingly Strong UK GDP Tests British Pound’s Downtrend

(This is an excerpt from an article I originally published on Seeking Alpha on October 28, 2012. Click here to read the entire piece.) The British pound (FXB) was falling fast going into last week’s GDP number. The pound even broke through support at its 50-day moving average (DMA). It seemed like momentum was setting … Read more

Australian GDP Growth Soars Despite A Large Drop in the Terms of Trade

(This is an excerpt from an article I originally published on Seeking Alpha on June 6, 2012. Click here to read the entire piece.) Tuesday night, the Australian Bureau of Statistics (ABS) reported a surprise jump in GDP of 1.3% quarter-over-quarter. With growing fears of a global economic slowdown, analyst consensus had pegged growth only … Read more