Wealth Builder FX Blog

The Reserve Bank of Australia this morning kept rates unchanged at 4.50% for a fifth straight month. With the markets largely expecting an increase of 25 basis points to 4.75%, the Aussie sold off on the news and AUDUSD was trading over 120 pips lower at 0.9555 at the time of writing. In his stateme ..

Economic fundamentals point very strongly to the AUD being able to reach parity with the USD and possibly higher. Most economists would agree that the Australian economy is reasonably well managed compared to other countries. But will market sentiment and investor psychology allow it to do this? The ..

Fundamental Outlook — Medium-term bearish The dollar index remains firmly bearish with its break below recent consolidation to a 6-1/4 month low. The threat of further BoJ intervention has temporarily stopped the USD/JPY weakness, but speculation the Fed may expand its quantitative easing prog ..

The Reserve Bank govenor, Glen Stevens, was quoted this week saying that the Australian dollar could appreciate to as mcuh as USD $1.10. As Australia enters into what could be once in a century mining boom, the Reserve Bank has the will and abilty to tighten credit conditions and allow the AUD to ri ..

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The suspicious 80-pip spike in USDJPY overnight is widely being written up as another slug of BoJ intervention after the pair once again looked threatened by yet more USD weakness. However, an 80-pip spike in a notoriously volatile pair like USDJPY is quickly dismissed and forgotten; and it w ..

Discover the returns possible in the world's largest financial market, the foreign currency market (Forex). Forex is where banks, corporations, and whole countries make investments. It is just over the past few years that private investors, such as yourself, have been getting more involved with thes ..

The yuan has appreciated about 2 percent against the dollar since June 19, when the central bank said it would pursue a more flexible exchange rate after keeping the currency at about 6.83 versus the U.S. currency for almost two years. The yuan gained 0.1 percent to 6.7079 per dollar on Sept. 21, th ..

The potential trade war brewing between China and the US is starting to heat up as yesterday Treasury Secretary Geithner said that the US isn’t satisfied with the pace of Chinese Yuan appreciation. This has been a major sticking point as a weak Chinese Yuan due to government control has allow ..

Wealth Builder Foreign Currency Trading.. Trading the FOREX markets. The currency or FOREX market is one of the most popular markets for the smart investor due to its enormous size and liquidity. WealthbuilderFX traders are able to take advantage of currency movements for optimal profit by co ..