• USD/JPY Softens Amid Dovish Fed Minutes, Positive Japanese Data

    The US Dollar lost ground against the Japanese Yen this week, as the greenback was pressured by falling US Treasury yields, upbeat economic data out of Japan and somewhat dovish FOMC minutes released on Wednesday. On Monday, the Japanese Ministry of Finance reported that Japan’s current accoun

  • Market Correlation is Market Direction

    Often times I’m asked what is this thing you call market correlation? People are often confused by new terms as it’s confusing to them and anything that’s confusing will be avoided. Unfortunately it also seems that many traders don’t want to spend the time and effort to learn new technique


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  1. Dollar Going No Place in a Hurry
    *The strong US jobs gain reported on July 3 failed to instill any kind of traction for the greenback, which fe. […]
  2. The Week Ahead On USDCHF
    USDCHF: Consolidates, Corrective Risk Seen USDCHF: Although USDCHF failed to follow through on the back of its. […]