In early trading, currencies reacted sharply to preliminary numbers of the HSBC China Manufacturing Purchasing Managers Index. This gauge of nationwide manufacturing activity fell to 48.1 in March compared with a final reading of 49.6 in February. It marks the fifth straight month the index has been in contractionary territory, signaling extended difficulties for the [...]

While currencies are gearing up for new moves in 2012, it is a good time to take a look at some of my best trades from last year. To be sure, 2011 was my worst year since 2007 or maybe even before, but it was still positive. This means I had some positive trades, and [...]

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 [...]