Posts Tagged ‘ USD ’

Strong Yen Won’t Make Money on S&P 500

By

A strong Yen this morning will not make money for the S&P 500 and will likely begin reigning in the S&P 500 gains given at the open. Earnings season continues to generate trading opportunities. Overnight weakness in the Yen makes allowances for some of the bounce off of Friday’s lows but post-US open forex...

Read more »

Weak USD Pre-Market Makes Favorable S&P 500 Open

By

A weak USD vs the major forex trading pairs making for a positive open on the S&P 500. Futures are up slightly just prior to the bell. I will be watching the VIX in addition to the usual forex crosses to determine market direction today. My instincts tell me VIX falling today keeping S&P...

Read more »

Forex Market Option Trading Opening Indicator 7/7/10

By

Forex market options trading indicator for today showing weakness in the USD and Yen – normally a positive for the S&P 500 however the strength in the market is in GBP and CHF – making this a weak signal (I call this position “robbing peter to pay paul.”) Here’s the rub: taking money from...

Read more »

Daily Options Trading Outlook

By

Options trading outlook seeing unfavorable conditions in key forex crosses namely risk vs non-risk early today. Although the outlook is mixed net between all the pairs I typically look at mixed signals have usually meant downward pricing on risk assets. As per our usual caveat on forecast down days be on lookout for the...

Read more »

Forex Options Trading | China Dropping Peg?

By

Forex options trading alert: According to an article put out by People’s Bank of China the Yuan peg to the dollar is going to be allowed to flex more. In Forex markets this morning, this has already had a dramatic impact on the “risk” currencies I mentioned in previous posts. Although the market is...

Read more »

Switch to our mobile site

Copy Protected by Tech Tips's CopyProtect Wordpress Blogs.