A Plunge In Business Confidence and Conditions Help Drive the Australian Dollar Ever Lower

(This is an excerpt from an article I originally published on Seeking Alpha on December 9, 2014. Click here to read the entire piece.) The DailyFx lists the the National Australia Bank’s (NAB) monthly indices for Business Confidence and Business Conditions as having a low impact on currency markets. As a result, I do not … Read more

Stern Warnings to Financial Markets

(This is an excerpt from an article I originally published on Seeking Alpha on October 14, 2014. Click here to read the entire piece.) {snip} Guy Debelle, an Assistant Governor of the Reserve Bank of Australia (RBA), delivered a must read speech on pricing and volatility in financial markets. He was about as subtle as … Read more

The Australian Dollar Firms As Another Fed Over-Reaction Helps to Pause Currency Trends

(This is an excerpt from an article I originally published on Seeking Alpha on October 9, 2014. Click here to read the entire piece.) Not even another poor jobs report – unemployment rate up from 6.0% to 6.1% and a loss of 29,700 employed persons – could keep the Australian dollar (FXA) down. During the … Read more

Stevens Passes On Jawboning the Australian Dollar and Sticks to A Familiar Script

(This is an excerpt from an article I originally published on Seeking Alpha on March 27, 2014. Click here to read the entire piece.) The Australian dollar (FXA) has been incredibly resilient in recent weeks. Weak economic data from China and concerns about excessive debt in the Chinese economy have barely dented the recent momentum. … Read more