I was on Bloomberg earlier today talking about how the dollar could react to FOMC
I was on Bloomberg Television earlier today talking about the outlook for non-farm payrolls and how the dollar could react to it. For my full NFP and ECB Preview, make sure you read my special report What to Expect for ECB and Non-Farm Payrolls
I was on Bloomberg last night talking about why I think USD/JPY will hit 89 and currency pairs like the GBP/USD and EUR/USD will fall. Click on the image to watch my Bloomberg interview
I was on Bloomberg Television last night talking about how I like shorting USD/CAD and how USD/JPY could hit 95 (USD/CAD was 1.2303 last night and USD/JPY trading at 97).
Click the image to watch the video. It is on the right hand side of the screen.
Here is a chart of USD/CAD:
USD/CAD is in the range trading zone, which I determine using Bollinger Bands. Although the 1.2065 level is important support, the strong retail sales report and bounce in oil prices should continue to drive the currency pair lower. If 1.2065 is cleared, USD/CAD could hit 1.1840.
Here is a chart of USD/JPY: