Just yesterday I mentioned about the talks between US and China, which were to include economic session. My contention was that USD would probably show some strength at the outcome of the summit. Same for Japanese Yen. Why? While both countries criticise each other at almost every possibility and pursue different agendas, during direct meetings [...]

Today marks a start to new round of high level talks between US and China. The discussions are expected to lay the groundwork for a new era of  cooperation, not confrontation between the two countries. President Obama called it a “relationship likely to shape the 21st century”. With this in mind, closer cooperation in important areas was critical for [...]

Three weeks is a long stretch for me to be away from computer. Well, maybe not exactly, but trading has been in a background. This means that right now I have this “itch” to trade. Part of me feels “obligated” to get busy right away, find  a lot of set ups and go for it. And then there [...]