ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
“The second question is on the euro exchange rate. Since the last large package of measures, it’s risen against the dollar and other currencies. How much of a concern is that? I know you don’t target the exchange rate specifically, but it’s an important economic factor. Does it say anything about the ECB’s ability to … Read more
The Bank of Canada released its latest decision on monetary policy a week ago on April 13, 2016 and left its target rate at 1/2% again. According to the Bank of Canada (BoC), the government’s fiscal policy saved the day for the Canadian economy. Global growth is slowing. The strength in the Canadian dollar (FXC) … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on April 11, 2016. Click here to read the entire piece.) The Japanese yen (FXY) rang in the new year with loud alarm bells. At the time, I wrote about the implications for the surge of strength in “The Japanese Yen Flashes … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on April 5, 2016. Click here to read the entire piece.) Canada’s GDP report for January, 2016 confirmed renewed strength in the Canadian economy. {snip} Source: Statistics Canada Now that the Canadian economy has apparently stabilized, the weakening in the Canadian dollar … Read more
The Bank of England (BoE) released its latest pronouncement on monetary policy on April 14, 2016. As has been the case for what feels like forever now, the BoE kept policy the same with Bank rate at 0.5%, and it maintained the stock of purchased assets at £375 billion. The BoE concluded that the outlook … Read more