After a brief “hiatus,” the Swiss Franc is once again rising, and is now dangerously close to the $1.50 CHF/EUR “line in the sand” that spurred the last two rounds of Central Bank Intervention.
Both from the standpoint of the Swiss National Bank (SNB) the Franc’s appreciation is vexing, while from where ordinary investors are sitting, [...]

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GBP –USD Sept 18 – 29 Daily Chart - Shows the Head and Shoulder Pattern completing the formation that

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I was on the Business News Network today talking about my outlook for the Canadian dollar and how I think it could be headed to 1.10. Here are some of my recent CAD comments about whether the BoC is worried. Click on the image to access the video:

Canada – Bank of Canada
The Bank [...]

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I was on Fox Business today talking about whether or not the dollar will be replaced as the world currency and my outlook for the dollar. Here is the clip. On FX360.com I posted a thorough article on Which Central Banks are Worried About the Currencies. Worth a read
Watch the latest [...]

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As an unintentional extension to an earlier post (Dollar Down, Everything Else Up), I want to use this post to highlight the appreciation of gold in particular, against the Dollar. After a brief decline following the credit crisis, Gold has resumed its upward path. It has appreciated 15% year-over-year, and recently cracked $1,000/oz for the [...]

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