
Entering the Intervention Zone
One Around Two We are near the edge on a few situations in the FX markets. I’m watching the EURCHF and the USDYEN. The market traded EURCHF to a low of 1.2032 Wednesday. It closed at a (slightly) safer 1.2044. More...

Celebrate the US Dollar’s Birthday
As we look around and see the dollar slide and gold ascend, it might be appropriate to note that 2011 represents the 150th birthday of the mighty American “GreenBack” and the crisis that spawned it. In More...