Online Forex Trading
Negative risk sentiment is still clearly the driving theme in the FX markets. Last week, already skittish investors were hit with the “trifecta” of problems. Rising CDS spreads on sovereign debt, worries that China would take a less accommodative stance in monetary policy and political risk in the US (take your pick: Bernanke’s confirmation, banking [...]
Continue Reading →G10 Advancers and Decliners vs USD CHF 0.23 EUR 0.17 JPY -0.47 GBP -0.55 The US ISM Manufacturing came out at an impressively strong 58.4 in January against forecasts for 55.5; strengthening the USD, and sending USDJPY gapping above the 90.55 pivot level to touch highs of 90.94 so far. This is a few pips [...]
Continue Reading →The biggest position in the Saxo Bank Portfolio Model is still short EURCHF. Current exposure is still long the Aussie (up to 31% from 23%) and last month’s long in CHF is continued although with a…
Go to www.tradingfloor.com for Forex, equity and commodity markets. [...]
Continue Reading →The biggest position in the Saxo Bank Portfolio Model is still short EURCHF. Current exposure is still long the Aussie (up to 31% from 23%) and last month’s long in CHF is continued although with a…
Go to www.tradingfloor.com for Forex, equity and commodity markets. [...]
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