Our detailed commentary from last week both before and after the FOMC statement on Wednesday noted that we believe that the Fed’s [...]
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USD Commentary
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- Forex Market Analysis
June 30 2009, 4:43pm | Comments »
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Long Term Chart - Gold at Important Level
We have overlaid the below chart of daily price action in spot Gold with our favorite Bollinger Band (”BB”) settings. Within an [...]
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- Forex Market Analysis
June 30 2009, 4:42pm | Comments »
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Friday Morning Thoughts
By Back Bay FX - We are nearing the end of a very volatile week in the currency markets. Trying to find [...]
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- Forex Market Analysis
June 26 2009, 5:16pm | Comments »
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Think Like a Dealer - FOMC Wednesday
The US Federal Reserve prints it’s FOMC statement tomorrow at 2:15pm EST. After the Fed’s last FOMC announcement, we saw the futures [...]
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- Forex Market Analysis
June 24 2009, 4:52pm | Comments »
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US Data Events - Week of June 21 - 26
Wednesday June 24 - US Fed Reserve Announcement @ 2:15 pm EST. Expect statement on Fed’s Quantitative Easing Program. No expected change [...]
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- Forex Market Analysis
June 22 2009, 4:47pm | Comments »
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Safety Position - Short EUR/CHF into the Weekend
The chances of a direct conflict between the US and North Korea are escalating. The US Navy is reportedly following a North [...]
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- Forex Market Analysis
June 19 2009, 5:45pm | Comments »
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Short Term Trade Idea - Long EUR/USD
In the below image, we put a EUR/USD 30 minute chart overlaid with our standard Bollinger Bands (”BB”). We see higher lows for [...]
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- Forex Market Analysis
June 19 2009, 5:43pm | Comments »
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Reviewing Last Week - BBFX
Last week we posted three comments on specific moves in the currency markets, and one commentary regarding US Treasury Yields. Our posting from [...]
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- Forex
- Forex Market Analysis
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- BBFX
June 15 2009, 8:12pm | Comments »
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EUR/USD at Support Levels
EUR/USD has just broken through the bottom it’s recent support line (noted in BLUE on the below image). The start of that [...]
June 12 2009, 4:55pm | Comments »
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Watching Canadian Dollar
We are going to keep an eye on the Canadian Dollar today. The Bank of Canada’s governor is giving a speech today [...]
June 11 2009, 5:04pm | Comments »
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US Treasury Yields in a Tug of War
From http://www.bloomberg.com today, June 9 “The Wall Street firms that trade directly with the Federal Reserve say speculators betting that interest...
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- Forex
- Forex Market Analysis
- of
- War
June 9 2009, 5:14pm | Comments »
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Trade Idea - Short GBP/JPY
GBP/JPY has touched the top channel line that we noted this morning. We enter a Sell Order at market (current Bid 157.37). [...]
June 8 2009, 7:15pm | Comments »
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The Next Big Move in GBP/JPY
GBP/JPY survived Friday’s NFP number with a spike higher on the data release, and then a slow fade lower. Not a very [...]
June 8 2009, 4:53pm | Comments »
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Risk / Reward Thoughts Going Into the NFP Data
Going into tomorrow’s US NFP data there are two themes driving my thinking. The first is that NFP Data is not nearly [...]
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- Forex
- Data
- Forex Market Analysis
- NFP
June 5 2009, 4:26pm | Comments »
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