Tuesday FX View: Recession Fast Becoming a Fading Memory [View article]
Rising Yen is not supported by fundamentals. Japanese exporters need Yen at 110-120. It's a matter of time only. Best trade now is to take US dollar out of the equation and long Aussie/Yen pair. For ETF investors, best trade is long DBV. This can even be a core position for any portfolio wanting to particpate in the global growth story. No real need to trade in and out of DBV, but for those into technicals, perhaps add to position on any pullback to 50 day moving average.
How China Helps the Canadian and Australian Dollar [View article]
Tuesday FX View: Recession Fast Becoming a Fading Memory [View article]