Week Ahead Forecasts

Week of Dec 9 to Dec 13, 2013

By Mark So on December 9, 2013

Monday, Dec 9, 2013

10PM (GMT +8)

US NonFarm payrolls printed 203K last Friday and Unemployment hit a very healthy 7% down from 7.3% This should be a text book fundamental reason to buy US Dollars. Read more »

Week of Dec 2 to Dec 6, 2013

By Mark So on December 2, 2013

Monday, Dec 2, 2013

10PM (GMT +8)

No trades tonight. Prices need to correct badly.

Bernake is giving a speech as I write this which may set the tone for this week’s currency movements. Read more »

Week of Nov 25 to Nov 29, 2013

By Mark So on November 25, 2013

Monday, Nov 25, 2013

8PM (GMT +8)

Well, the “Reckoning” I mentioned last week, didn’t happen as the ECB and the US Fed reversed the flow of Risk sentiment. Read more »

Week of Nov 18 to Nov 22, 2013

By Mark So on November 18, 2013

Monday, Nov 18, 2013

10PM (GMT +8)

Janet Yellen and the Fed Presidents are making their rounds promoting a continuous stimulus program until the US Economy recovers some more. Read more »

Week of Nov 11 to Nov 15, 2013

By Mark So on November 12, 2013

Tuesday, Nov 11, 2013

845AM (GMT +8)

No Trades Yet Today.

Last week we saw risk sentiment dampened by the surprise ECB rate cut which No one expected. Read more »

Week of Nov 4 to Nov 8, 2013

By Mark So on November 4, 2013

Monday, Nov 4, 2013

845PM (GMT +8)

Trades from last week are still ongoing.

There was No Taper from the Fed as expected but the Fed is still playing it safe and still sounding like it may still taper this year. Read more »

Week of Oct 28 to Nov 1, 2013

By Mark So on October 28, 2013

Monday, Oct 28, 2013

10PM (GMT +8)

Trades from last week are ongoing.

I continue to believe that the focus this week will be what the US Fed will do this coming Thursday when the FOMC Statement and Interest Rates are released. Read more »