Fundamental Analysis

Overall, the Trade Deficit was a good number.  Exports continue to trend higher which is good for domestic multi national companies. Imprts increased as well but at a slower pace than the export increase.  Part of this can be attributed to the higher oil price.  As the price increases, so too does the cost of oil imports.  This was reflected in the rise in the Import Prices to 1.8% from expectations of 1.2% .  

A bunch of random walks going on at the moment with cross movement impacting the majors.  What seems to be the norm lately, is as the crosses go down/up the EURUSD and GBPUSD get weaker/stronger,

The congressional Joint Economic Committee estimated today that 2 million subprime mortgages could go into foreclosure over the next 18 months.  As a result, they further estimated that states w

The forex markets are very skittish.  USDJPY and the Yen crosses have increasingly become the proxy for the stock market (and maybe visa versa).  We now trade the yen pairs off expectations of e