Category Archives: Forex Trading

USD vs Euro chart – Year 2017

The US Dollar has under performed other currencies like Euro, GBP, Yen. In hindsight, the main forex trade of year 2017 was long EUR/USD.

Posted in Forex Trading | Tagged , , | Leave a comment

High Yield Bond Market Pressure in 2016

High yield bonds (funded by multiple rounds of QE) will definitely put pressure on the global financial system this year. I believe over $1 trillion of QE went into energy related bonds (in US and Europe), and nobody had thought … Continue reading

Posted in Energy Stocks, Foreign Investors, Forex Trading, Stock Market News, Stock Trading, US Stock Market | Tagged , , , , , , , , , , , , , , , , | Leave a comment

Nifty cracks below 8500, closes at 8462

Continued bad news from China, and weak earnings of large caps caused correction in Nifty, as Nifty cracks below 8500, and closes at 8462. On the international front, The People’s Bank of China (PBOC) allowed the yuan to depreciate almost … Continue reading

Posted in Banking, Forex Trading, Stock Market News | Tagged , , , , | Leave a comment