Something to digest (not necessarily to act on!) as reported by the Dow Jones News. Overseas pension funds and other institutional investors are now snapping up the Japanese currency in a reversal from past practice, the Nikkei reported in its Thursday morning edition. “After the bon holiday period in mid-August, (foreign) institutional investors finally began [...]

Some of the trades, or rather possible trades,discussed on Sunday did not get updated in the last post. The new CFTC rules governing Forex trading in USA were published, so I decided to devote a post to that. In a nutshell, starting October 18, maximum leverage on the major Dollar pairs will be 50:1 and [...]

Last week in Forex trading ended with corrections to prevailing trends. High flying currencies, namely the Japanese Yen and the Swiss Franc, weakened considerably during last hours of trading. That was in response to the speech by Bernanke during the FED annual symposium in Jackson Hole, Wyoming. He outlined likely additional steps to be taken [...]