Alan’s Forex Blog

Even in spite of some of the markets involved having exhibited increasing volatility lately (not meaning, however, that I have disrespected the risks) - I continue to have a fairly large exposure long silver and gold, long Euro against the US dollar, and long Euro against the British pound.

All bets - introduced by my latest FXstreet.com notes - are still on. However, I’m watching the markets involved even more closely - the precious metals markets, in particular - in the wake of terrific volatility seen this week.

With the single, although notable, exception of my short US 10-year T-Notes position, all the other global bets introduced by my latest FXstreet.com notes have presented me with not half bad, and in some cases remarkable, interim results. My bullish bet on spot silver, for instance, has so far seized an underlying market move of about 11% (unleveraged). All bets are still on. With, again, the exception of my bearish US Treasuries bet, the size of my positions has been increased to a sizable

In addition to my FXstreet.com notes of last Sunday , I’m also of the opinion that chances for the US dollar to suffer a sizable, accelerating depreciation - particularly via the EUR/USD and the US Dollar Index - are growing exponentially. I have already placed a bet accordingly, planning to increase size of the position under specific circumstances. As well, I keep intact my exposure in the precious metals markets (spot silver, in particular), the US Treasuries and the EUR/GBP - as

My FXstreet.com notes of February 15th and February 19th provided the background on which I’d engaged into a fresh round of global speculations. More precisely, I already assumed brand new, long positions in the spot gold, spot silver and the EUR/GBP markets. As well, I set up a separate trading sub-account with a futures broker several days ago and took a large short position in the US 10-year T-Notes.

I had made a reasonable amount of money over the latest months mainly from betting on three global, major scenarios: the US dollar to sell-off enroute to new all-time lows versus the Canadian dollar, the gold market to surge to record highs, and the British pound to breakdown massively versus the Euro. With the data now at hand, I think at least two out of those three scenarios may not be history yet (I refer specifically to the EUR/GBP and the gold markets, which - in my opinion - may soon

I’ve recently started to contemplate the opportunity for a new global bet - one that would benefit handsomely from a surprising rise in the long-term US yields (i.e. a fall in the price of 30-year and 10-year Treasuries). I believe the long-term US yields are already being set for moving upward. As shorter-term US yields like the 2-year continue to be moving lower, this evolution itself - in my opinion - becomes vulnerable to somewhat of a positive reversal. And even if such positive turn

I got involved recently in a new round of currency speculations, as proxies for what I’d perceived to come in form of a recovery of the global stock markets, as well as a depreciation of the US dollar. After the brutal sell-off I saw hitting the international stock markets on Monday, January 21st, it took me little time to realize the Federal Reserve would most likely cut the interest rates substantially as soon as the next day, and ahead of that week’s first trading minute on Wall Street.