The greenback falls too much; up steps a Fed official to pump up the volume across the various media frequencies. The euro rises too much; up steps an ECB official, or politician with some weight and credibility to talk down the euro. The yen rises too much, well you’ve got the picture by now. Why
Between The Lines, Morning Roll Call Read More »
The greenback falls too much; up steps a Fed official to pump up the volume across the various media frequencies. The euro rises too much; up steps an ECB official, or politician with some weight and credibility to talk down the euro. The yen rises too much, well you've got the picture by now. Why
Between The Lines, Morning Roll Call Read More »
We've read many tales of trading woe over the past twelve months, from the 'whale trader at JPM, to KwekuAdoboli. Adoboli was a City trader who almost destroyed the banking giant UBS through increasingly reckless illicit deals, who was eventually convicted of what police described as "the biggest fraud in UK history". Adoboli racked up
Overnight/early morning the BOJ (bank of Japan) published its latest monetary policy statement. The Board of the Bank of Japan decided that the Bank of Japan will conduct money market operations so that the monetary base will increase at an annual pace of about 60-70 trillion yen. On current exchange rates this is approximately $600-700
A Trillion Here, a Trillion There, It Soon Adds Up… Read More »
In our world of FX Mondays are more often than not quiet days on the market with little in the way of major news events impacting on the price of our favored currency pairs. However, despite the lack of scheduled high impact data releases, the day was anything but quiet. As predicted in our post
Between The Lines, Central Banks Are Not Singing From The Same Hymn Sheets Read More »
Overnight/early morning the BOJ (bank of Japan) published its latest monetary policy statement. The Board of the Bank of Japan decided that the Bank of Japan will conduct money market operations so that the monetary base will increase at an annual pace of about 60-70 trillion yen. On current exchange rates this is approximately $600-700
A Trillion Here, a Trillion There, It Soon Adds Up… Read More »
In our world of FX Mondays are more often than not quiet days on the market with little in the way of major news events impacting on the price of our favored currency pairs. However, despite the lack of scheduled high impact data releases, the day was anything but quiet. As predicted in our post
Between The Lines, Central Banks Are Not Singing From The Same Hymn Sheets Read More »
During his visit to Japan over the weekend the French President Francois Hollande told the assorted dignitaries, luminaries and hunting press pack during a press conference that the Eurozone had overcome its biggest test and was now on the way to recovery; "What you need to understand here in Japan is that the crisis in
Is France Stoking The Fires of a Manufacturing Led Recovery? Read More »
During his visit to Japan over the weekend the French President Francois Hollande told the assorted dignitaries, luminaries and hunting press pack during a press conference that the Eurozone had overcome its biggest test and was now on the way to recovery; “What you need to understand here in Japan is that the crisis in
Is France Stoking The Fires of a Manufacturing Led Recovery? Read More »
As we predicted in our early morning call Thursday was dominated by the president of the ECB, Mario Draghi, giving his conference speech. This came after the announcement was made via Eurostat that base interest rates, in particular the deposit rate, would remain static. The bullish speech delivered by Mr. Draghi, with specific reference to
Morning Roll Call; Between The Lines Read More »
