ForexSpirit

By way of Rob Booker’s blog I’ve just read an insightful BusinessWeek piece on the two Bear Stearns funds that imploded during the summer months. If you’re not sure how some of the initial pebbles that turned into the credit crunch avalanche first got rolling then this article provides insight into how greed [...]

The market action today reminds me of the same dynamic that we saw at the start of August when the credit crunch crisis was getting into full swing. We have the yen moving strongly, especially in the crosses against the euro, sterling and New Zealand dollar.
My understanding of the market action that we are [...]

My last trade update was two weeks ago, just after what I interpreted as a spike and reverse on EUR-USD (as a result of the October NFP release). The following Monday the euro bulls ran out of steam and the spike low was tested. I pretty much just got out of my positions [...]

I thought it might be useful to highlight a television show that I try to catch each morning on CNBC World. The show is cunningly titled Foreign Exchange and can be used to get a recap on how the currency markets have been performing over the past 24 hours. Each day there is [...]

I came across this quote recently and it has been bubbling to the surface of my mind repeatedly ever since, so I think it is worth making a note of it here:
“The most beautiful thing we can experience is the mysterious. It is the source of all true art and all science. He to [...]