RBA Identifies Australian Dollar’s Support from Foreign Demand for Bonds

(This is an excerpt from an article I originally published on Seeking Alpha on August 21, 2012. Click here to read the entire piece.) The Reserve Bank of Australia (RBA) released the minutes of its last monetary policy decision during which it seemed to declare a soft landing for China. I took particular interest in … Read more

A Hypothesis for the Connection Between the Australian Dollar and the S&P 500

(This is an excerpt from an article I originally published on Seeking Alpha on August 20, 2012. Click here to read the entire piece.) A reader recently asked the following questions in response to my last piece on the relationship between the Australian dollar and the S&P 500 (“A Bearish Divergence As Australian Dollar Stalls … Read more

Fed Minutes Revive Pressure On the Japanese Yen

(This is an excerpt from an article I originally published on Seeking Alpha on August 23, 2012. Click here to read the entire piece.) The minutes from the last Federal Reserve meeting seem to suggest that members are starting to coalesce around Janet Yellen’s analysis that monetary policy should be more accomodative (see “Yellen’s Case … Read more

British Pound Breaks Out After Uneventful Summer Olympics In London

(This is an excerpt from an article I originally published on Seeking Alpha on August 27, 2012. Click here to read the entire piece.) After three months bouncing up and down in a wide range, the British pound (FXB) is finally breaking out against the U.S. dollar (UUP). This follows a very uneventful Summer Olympics … Read more

Wide Options Skew Heightens Risk of Trading Yelp.com Lockup Expiration

(This is an excerpt from an article I originally published on Seeking Alpha on August 27, 2012. Click here to read the entire piece.) Yelp.com (YELP) has a float of 16.59M shares and shares outstanding of 61.2M. According to Eric Savitz, 52.7M shares (Class B) are available to start trading on August 29th as Yelp’s … Read more