I was on the business new network this afternoon talking about outlook on Yen, Euro and Yuan. Click on the image to access the video
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
Presentations at GFT Booth on both days:
10am 3 Easy Ways to Trade Currencies
11am Forex Signals and Pattern Recognition at Your Fingertips
12pm Learn the Basics of Forex Trading
2pm 3 Easy Ways to Trade Currencies
3pm Forex Signals and Pattern Recognition at Your Fingertips
4pm Learn the Basics of Forex Trading
April 24: 12:45pm – 1:15pm Range & Trend Trade Stage Presentation
April 25: 3:30pm – 4pm Risks for the U.S. and Singapore Dollars
Media Appearances (Watch Me!) –
Thurs April 22 Bloomberg 9:20am SG Time (9:20am ET)
Fri April 23 CNBC Squawk Box Australia Guest Host 6-7am SG Time (6-7pm ET)
Fri April 23CNBC Europe 2:15pm (2:15am ET)
Fri April 23 CNBC Squawk Box Europe 1:20pm (1:20am ET)
Wed April 28 CNBC Asia Guest Host 4-5pm SG Time (4-5am ET)
Forex Master Class Register
Suntec Convention Centre
26 April: 6-9 pm Or
27 April: 1-4 pm
+ Battle-tested short- and medium-term trading strategies
+ How to spot and react quickly to changes in market momentum
+ How to take advantage of trend and counter-trend moves
+ How to scalp fundamentally and improve the use of common forex technical indicators
I was on CNBC Australia last night talking about the outlook for the forex market and how I am HOT on Commodity Currencies
It is no secret that Canada owns one of the world’s largest oil reserves. There it is logical to assume that USD/CAD would be correlated to oil prices. We have shown the results of this study often and even showed a recent chart illustrating the correlation no FX30.com (Oil and USD/CAD chart).
However, here is another correlation that you may find interesting. USD/CAD has a nice positive relationship with the energy sector ETF which makes logical sense. So if you are trading USD/CAD, make sure you keep an eye on the ETF for any anomalies.