The Canadian Dollar’s performance of late has been eerily redolent of its sudden rise in 2007, when propelled by nothing more than sheer momentum, it rose 20% against the Dollar and breached the parity mark (1:1) en route to a 30-year high. [Of course, we all remember what happened next: the credit crisis struck, and [...]

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I have always wanted to write a post about seasonality, but whenever push came to shove, I couldn’t see the point. Besides, I was never sure whether seasonality falls into the scope of technical analysis or whether it made sense to consider in fundamental terms, and for fear of overstretching, I stayed away. Recently, I [...]

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The chart shows several bearish technical indicators: Evening Star, Break of Trend Channel, and a 2.382 Fibonacci Extension resistance level - point to a…

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One of the cornerstones of exchange rate theory is that currencies rise and fall in accordance with inflation differentials. All else being equal, if US inflation averages 5% per annum and EU inflation averages 0% per annum, then we would expect the Euro to appreciate (or the Dollar to depreciate, depending on how you look [...]

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I am headed to Singapore for the Asia Trader & Investor and will be out of the office (ie. not blogging) starting today until May 7th.
If you are in Singapore or plan on visiting, here is my schedule. Stop by and say hi!
Singapore Seminars April 24-27
Asia Trader & Investor Confidence
Suntec Singapore
Presentations at [...]

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