Forex Trading and Miscellaneous

Despite it providing lagging information the COT report, commitment of traders, always provides a fascinating insight into where institutional money views currencies' positions. The Commodity Futures Trading Commission, or CFTC, publishes the Commitment of Traders report (COT) every Friday, around 2:30 pm EST. The COT report measures the net long and short positions taken by […]

Sudden stock crashes and other tales of woe.. Two interesting stories caught our imagination over the past 24 hours, both concerned technology. Firstly, concern that American stock markets are more susceptible to micro- second crashes due to computerisation isn’t supported by the data, a Securities and Exchange Commission official stated on Tuesday. Gregg Berman, head

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

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

 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

You have to question what represents "normal" in terms of central bank base interest rates in the current economic climate. Many of the globe's leading central banks and the rate setting policy units attached through their associated governments, have pursued aggressive zero interest rate policies (ZIRP) for so long, you begin to wonder if our

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