Daily Currency Update: 12.30.09

CAD - UP
AUS - UP

GBP - DOWN
EUR - DOWN
JPY - DOWN


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Corr's:

Oil - Down
Equities(SPX) - Down
Gold - Down

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Im getting the feeling of four distinct fundamental regional differences among the major pairs vs the dollar.

AUS region moving on Asian/Commodity fundamentals (AKA mostly Chinese demand story)

CAD's contraian move vs the other pairs is due to domestic growth prospects from domestic and foreign activities

EUR and GBP are linked to the monetary/economic story along with the US

and

JPY, like CAD is due to local economic health.




Fundamentals seem to show that correlations are on the down slope of the curve (double check via simple HRA bloomy corr graphs). If this is true we will see correlation relationships bending over the next few months.


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Alexander Lê
Managing Partner
Analyze Capital LLC
email: le.alex48@gmail.com

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****note from management****



The managing partners are currently abroad extending networks across the UK, Japan, and Eastern Europe.


We apologize ahead of time for the slow responses to blog comments and lack of posts. Though come mid January we will resume the normal schedule and updates.



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If there are any urgent matters forward emails to one of the partners:


Analyze Capital LLC
Managing Partners
Alexander Lê: le.alex48@gmail.com
Pat Ambrus: ambrus.anlzgroup@gmail.com
Clark Chu: zhuzihao@googlemail.com