January 2, 2009

————–Top 5 Stories in FX This Week—————-
10 Key Trends in 2009
In 2009, Economy Will Depend on Unlocking Credit
The ‘Market’ Isn’t So Wise After All
Most Infamous Pronouncements of 2008
Looking forward to 2009?
————–FX Market Outlook————–
As the year starts I am going to steal a page from Kathy who performed a Herculean job this week while I was away on vacation by putting out the full G-11 forecast for 2009 all by herself. The full report can be found here but allow me to highlight some key points that she makes.
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Posted in Boris Schlossberg, FX Weekly Reports
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December 20, 2008

————–Top 5 Stories in FX This Week—————-
Are Free Markets Still Free?
Who Isn’t a Madoff Victim?
The Fed Says Buy Gold
OPEC’s Surprise Announcement Gets Big Yawn
The Moral of Madoff’s Tale
————–FX Market Outlook————–
It was the best of times, it was the worst of times to be a euro bull this week. It simply depended on which time of the day you traded. As I noted in Friday’s commentary,”As we approach the holidays the currency market has taken on all the characteristics of Florida weather – just wait a minute and it changes.” After rising by a staggering 10% in 2 days the EUR/USD fell just as quickly stopping out both longs and shorts in its wake.
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December 20, 2008
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RECENT TRADE
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