Employment numbers dominated Friday. First from the Eurozone, then from Canada and Finally the NFP report from the USA. While all were important, the NFP data proved to be the biggest market mover, as it typically does. According to the Non-Farm Payroll report, US economy added 200 K jobs in December, above the forecast of [...]

Last year was difficult for the US Dollar. Many major currencies made all time highs against the USD, including the Australian Dollar, Japanese Yen, New Zealand Dollar and the Swiss Franc. This weakness was also demonstrated by commodities, which also either made historical moves in 2011, as gold, silver and copper did, or returned to [...]

With the end on the year rapidly approaching, there is more and more talk about trading results. In case of currencies, it is difficult to make a good judgment due to lack of a benchmark, like the S&P Index in stocks. One could use the Dollar Index, but that is very narrow, offering only a [...]