Posted in Audio commentary, Commodities, Economics, U.S. dollar, tagged Commodities, daily audio commentary, fx, Rally on April 8, 2008 | No Comments »
A slew of information and action happening this week and last, the boys give a good run-down of the action in there Commentaries.
Don’t Be fooled by the Commodity Rally….. Watch the price action to confirm a breakout. Is it possible to see the dollar and ‘Stuff’ go up long term?
Uptick in Jobles Claims - what [...]
Posted in Carry trade, Commodities, ECB, Economics, Euro, Fed, Gold, Japanese yen, U.S. dollar, tagged ben bernanke, Carry trade, dollar, economy, Euro, Federal Resereve, interest rate, rate cut, usd, yen on March 17, 2008 | 1 Comment »
Well, maybe while you were getting ready for bed. The Federal Reserve Bank decided to make an emergency move this evening and cut the bank lending rate to 3.25 percent from the 3.50 percent it was at earlier. This move made by the Fed was meant to “try” and create some stability in the financial [...]
Posted in Commodities, Price patterns, tagged price pattern, head and shoulders, Commodities, shampoo on February 20, 2008 | No Comments »
Heads up (haha) - commodities ($CRX) could be forming a head and shoulders, which is a major reversal pattern - by the way, I plan on updating the Price Pattern section very soon, so more discussion on Heads and Shoulders there stay tuned. See how I am looking at it in the chart. I [...]
Posted in Australian dollar, British pound, Canadian dollar, Carry trade, Commodities, Fed, Japanese yen, New Zealand dollar, Swiss franc, U.S. dollar, tagged comparison, currencies, forex, year in review on December 26, 2007 | No Comments »
Here is the year in review as a comparison chart (left, click to enlarge) comparing the major currencies, in this case versus the euro. The worst performing currencies, the USD and GBP, were down about 9% vs. the euro. The best, the loonie, was up about 9%%.
What happened this year?
The year had a lot [...]
Posted in Commodities, Fed, Oil, U.S. stocks, tagged Commodities, dollar, Fed, federal reserve, forex, interview, jim rogers, Oil, usd on December 5, 2007 | No Comments »
Jim Rogers is a bit odd (sorry Jim) in some ways, but a pretty sharp crayon when it comes to the markets. First off, I apologize about the crappy quality of this video, I think someone filmed their TV, yuck. But, it is timely since it is from yesterday, and he has some pretty interesting [...]
Monday’s InvestoolsFX audio commentary
Posted in Audio commentary, Australian dollar, Commodities, Economics, Euro, Fed, Japanese yen, Price patterns, U.S. dollar on April 14, 2008 | No Comments »
Monday 04/14/08
Currency trading end of last week into this week is like the Abbet and Costello “Who is on first and what’s on second” bit, confusing and violent.
G7 Language was purposefully vague not referencing China’s currency but general currency fluctuations- market tried to anticipate intervention action which caused more violent price action overnight and through [...]
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