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- Friday, 16 October 2009 23:31:29 GMT Forex Options and Futures Point to British Pound, US Dollar Recovery
- Thursday, 15 October 2009 07:56:53 GMT EUR/USD Sell Recommendation Issued @1.5035 (Daily Classical)
- Wednesday, 30 September 2009 19:25:50 GMT Euro Firms Following Equities Lead, But is There Weakness Ahead?
- Tuesday, 29 September 2009 14:55:13 GMT Yen Trades On Technical Levels As Fundamental Factors Lose Influence
- Tuesday, 15 September 2009 12:30:28 GMT Sterling Hammered As BOE Looks to Deposit Rate (Morning Slices)
- Tuesday, 08 September 2009 07:55:25 GMT USD/CAD Dips to Be Used As Position Build Opportunity (Daily Classical)
- Wednesday, 02 September 2009 00:29:01 GMT Dollar Boosted by Risk Aversion and Data, Rallies to a Two-Week High
- Tuesday, 01 September 2009 11:58:16 GMT Currencies Fail to Hold Early Gains; USD Rallies (Morning Slices)
- Monday, 31 August 2009 08:11:04 GMT Euro Stalling Out Shy of Recent 2009 High (Daily Classical)
- Monday, 24 August 2009 17:42:04 GMT Japanese Yen Forecast Bullish on Forex Options Sentiment
- Monday, 17 August 2009 15:40:14 GMT Euro Considers Close Below 50-Day SMA (Daily Classical)
- Thursday, 13 August 2009 17:16:16 GMT Dollar/Yen Testing Rising Channel Support (Daily Classical)
- Tuesday, 11 August 2009 16:35:05 GMT Cable Supported by 50-Day SMA...For Now (Daily Classical)
- Monday, 10 August 2009 13:56:39 GMT Euro Eyes Retest of 50-Day SMA (Daily Classical)
- Thursday, 06 August 2009 16:50:26 GMT Cable Breaks Down After Series of Consecutive Higher Lows Broken (Daily Classical)
- Wednesday, 05 August 2009 16:48:26 GMT Euro Showing Signs of Short-Term Top (Daily Classical)
- Monday, 03 August 2009 16:46:53 GMT Euro Breaks to Fresh 2009 Highs; Exposes 1.5000 (Daily Classical)
- Thursday, 30 July 2009 17:06:59 GMT Euro Confined to Inside Day Price Action (Daily Classical)
- Wednesday, 29 July 2009 16:53:52 GMT Euro Setbacks Introduce Prospect for Major Double Top (Daily Classical)
- Tuesday, 28 July 2009 16:55:44 GMT Euro Stalls Ahead of Yearly High; Sets Up Potential Double Top (Daily Classical)
The Chinese Yuan has been artificially kept in a range despite the growth differential between China and the United States. This macro state of affairs is unsustainable and Chinese monetary policy officials will be forced to correct it since the recent rise in energy prices may spark an unstoppable wave of inflation. Look for a sudden drop in USDCNY to at least 6.4 and for a possible appreciation of Asian currencies against the dollar.
GDP Growth Across the World (click on the map for historical data)
source: tradingeconomics.com
Antonio Sousa is a Chief Strategist for DailyFX.com at FXCM in New York City where he performs global economics research and develops systematic trading strategies. Please send your comments to asousa@fxcm.com.
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