Absolute Momentum Strategy – Weekly Snapshot

William ReavisAsset Management, Currencies, Energy, General Commentary, Grains

Below is a snapshot of open trade positions in the Absolute Momentum Strategy investment. The total open trade equity in the portfolio inclusive of fees and commissions as of the close of trading on Friday, March 24th, 2017 = $4,820 LAST WEEK IN TRADING Long Term Commodity Trader click to enlarge Long June Australian Dollar was entered at 0.7725 on 3/20/17. …

Currency comment 3/14

Steve CaldwellCurrencies, General Commentary

The dollar rose moderately on Tuesday.  Small lot speculative buying was evident throughout the session.  Heavier selling pressure was seen in the Euro FX with lighter pressure in the British pound. All eyes are focused on Washington today and tomorrow as the Fed conducts a two day meeting on policy.  It is a forgone conclusion that short term interest rates will be …