In a rather unexpected fashion, I had to take a break from this blog as well as trading in general, at least actively. Personal issues piled up and I was unable to postpone them any longer. I could have traded on Friday, as I was ready, but the conditions were not suitable. Even though currencies [...]

What difference one day makes. On Monday, the commodity currencies have been high fliers, advancing nicely, especially in relation to the US Dollar. Today they reversed, giving back all previous gains, and perhaps even setting the stage for much bigger adverse moves in near future. The minutes of latest RBA meeting, released earlier in the [...]

Coming week does not bring as many important fundamental developments as past few days did, and those on the calendar are of somewhat smaller caliber. No policy meetings by central banks and no key unemployment numbers. However, we will have few important inflation data, including the PPI from Germany and the CPI from Canada. In [...]