FXY

Currency Carry Trade

We had a subscriber ask about any suggestions where to look for possible currency ETFs action. Interest rates at record rates not only in the U.S. but globally as well.  Add into the mix huge amount of monetary easing  like QE3 from U.S. Federal Reserve and central banks around the globe like Japan, Australia and England just to mention a few has seem  have broken the system.

CurveAheadMarketStrategies.com Morning Coffee Break

Welcome to today’s Morning Coffee Break – traders had a case of Deja vu yesterday as the U.S. markets traded similar to last week ahead of the European Central Bank (ECB) and U.S Federal Reserve meetings. U.S. futures are indicating a positive opening today with the Dow Jones fair value of 30.36, S&P 500 fair value of 2.33 and the NASDAQ’s fair value currently at 5.37.