Fundamentals/News

Afternoon Forex Overview
The U.S. dollar gained versus the euro and British pound on Tuesday, finding support amid ongoing worries about debt problems in the euro zone after Fitch Ratings warned that Portugal remained vulnerable to a downgrade. The euro changed hands at U...

US Market Update
The NY morning was characterized by the dollar retracing earlier price action but remained firmer compared to Tokyo opening levels. The dollar's price action inversely mirrored equities as both European and US exchanges recovered earlier losses. E...

Political Pressure on CDS Instruments Rises
You can almost see the headlines coming now. European politicians are crying foul over rogue derivative bets that helped derail the Greek fiscal wagon. But while the picture is there for all to see, even the German financial regulator BaFin says t...


My Favorite Forex Trade: AUD/NZD
by Kathy Lien
My favorite forex trade right now is shorting AUD/NZD. After hitting a 9 year high of 1.3124 last week, the rally in AUD/NZD is losing steam. I should have posted about this earlier, but I think there is still room for the currency pair to fall...

Who Has Lost More Jobs - Men or Women?
by Kathy Lien
The U.S. labor market report was released this morning and the data was much better than everyone had anticipated. Following the warning from Larry Summers that the storms in the Northeast could have swelled unemployment rolls, investors were bra...

What Does Larry Summers Know About Payrolls?
by Kathy Lien
Aside from the fact that Lawrence Summers, who is Obama’s Economic Advisor was a former Treasury Secretary, what does he really know about last month’s non-farm payrolls report? On the eve of the February NFP release, we wonder loudly how accurat...


Japanese Yen Benefits From Risk Aversion, British Pound Extends Decline
by David Song, Currency Analyst

The Japanese Yen strengthened across the board as investors scaled back their appetite for risk, while the British Pound extended the decline from earlier this week and slipped to a low of 1.4937 as Fitch Ratings held a cautious outlook for the U.K.

The FX markets have always been known for their long trending moves and experienced traders use this to their advantage.