Rates were forecast ed at 1% and the decision of BoC was also 1%. If forecast = result then I fail to understand how Canadian dollar becomes weak?

Bank of Canada maintains overnight rate target at 1 per cent

I guess rates can take a back seat for the moment and a new unemployment target below 7% will be set to raise interest rates.

Bank of England - No need to raise rates if jobless rate hits 7 percent soon

Whenever I hear the saying " it is quiet now", I am reminded of the saying that it is always calm before a storm. The US taper has happened which was a very big news for USD but not much of an effect till now. The next FOMC meeting scheduled end of ...

Global risks quiet now, but anything could set them off

In my view we should see weak yen till about end of February.

BOJ Statement on Monetary Policy

My opinion is that EURUSD will go to around 1.3608 initially. I will go for short above 1.3608.

EUR/USD: December Top Intact; Get Ready To Sell - Credit Suisse

I rarely trade this pair but it seems USDCAD is heading towards 1.1100.

USD/CAD reaches 1.1000 for first time since 2009

The media interprets things as they understand and difference in opinions of different media groups create conflicts. tapering will happen,will not happen , rates will rise or fall, will not fall or rise,etc. Each reporting group includes their ...

Central Banks Should Stop Confusing Investors

I doubt that this will happen in the near future or in the next two decades.

Will British economy overtake Germany by 2030? Pigs might fly!

I hope and pray that there should not be much loss of life. If any further earthquakes then NZDUSD should go down.

Magnitude 6.1 earthquake shakes Wellington, New Zealand

Whatever the strategy and whatever the negative position of individual trades , as long as overall is in profit in the long run then you certainly know that you are on the right track of trading.

EUR/USD Forecast January 20-24

It seems to be a very testing and crucial time for US wrt bitcoins. This will have huge impact in the trading and acceptance of bitcoins. As for me I am not into this trading till now. Lets see what the US ends up doing. Can anyone suggest any good ...

The U.S. government's bitcoin bonanza: How, where and when to sell?

After the allegations of manipulation in libor , now they are trying to clean their image. Its just a matter of time before a new allegation of manipulation comes up again. In the meantime I would like to benefit by all the manipulations. Guys and ...

Bank of England held FX talks with traders

The industry may be different but still the motive is making money. Diversification is a must in our skills to remain ahead of the crowd.

The economics of being an independent porn star

Not much action this week till now.

US Job Openings and Labor Turnover – November 2013

Almost all crucial data comes with a revision in the next data report. Can't understand how reporting is done each time when a revision is required in future.

Builders Began Work on More U.S. Homes Than Forecast in December

amazing. More than 5 times forecast ed result.

UK Retail Sales, December 2013

Seemed to have created some volatility but still in range movement.

Bernanke: The Fed Yesterday, Today, and Tomorrow

So prediction meets target. What to expect ? numbers were better than forecast but not good enough for much volatility. So I guess we continue in range with a little extension in both directions.

US Unemployment Insurance Weekly Claims Report

So negative interest rates talk is slowly diminishing. The negative interest rate policy would be a disaster if actually implemented. As for the inflation target, still need to cover up a longer distance.

ECB Monthly Bulletin

If the ECB were confident of the growth/recovery then they would not have reduced interest rate from 0.5% to 0.25%. Still need to be very cautious trading the euro.

ECB's Wedimann: Risk for broad-based deflation is limited