What matters in trading is not the ability to understand yourself, but the ability to understand the market.

The dollar has come a long way in just a week's time. Through the second half of this past week, the dollar was starting to find its footing in what looks to be a tentative recovery.

The euro saw a potentially significant reversal against the US dollar through late-week trade, threatening a larger correction as it failed to hold highs and finished lower through Friday's close.

The near-term rally in the USD/JPY could be short-lived as the pair continues to trade within the downward trend channel carried over from January.

Monetary policy is firmly in focus in the week ahead as the Bank of England delivers February's much-anticipated interest rate decision.

A rapidly rebuilding correlation between the Canadian dollar and underlying risk sentiment bodes ill for the currency as Friday's underwhelming US jobs report threatens to rekindle broad-based risk aversion.

Capitalism is a process of creative destruction. New wealth is created. Old wealth is destroyed. Unless the feds can make time stop, these great successes of today will be the great failures of tomorrow.

Gold is what you buy when you fear the authorities are up to no good. But so far, very few people own gold.

The rich have gotten richer.  The poor have gotten poorer.  People don't know why.  But they don't like it.  And they figure it has something to do with the rich rigging the system. They're right, but not in the way they think.

Markets are always discovering prices. Prices go up and down. But they usually find an equilibrium in a fairly narrow range. In a world of real money, prices don't vary that much.