ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
(This is an excerpt from an article I originally published on Seeking Alpha on May 13, 2012. Click here to read the entire piece.) The market has spoken in response to the changing political tide in Europe, and the market is apparently not thrilled. The euro slid almost the entire week against the U.S. dollar, … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on May 15, 2012. Click here to read the entire piece.) The Financial Times has launched a new weekly podcast called “Hard Currency.” The first interview aired on May 13th featuring Alice Ross as host and senior currency analyst Paul Robson from … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on April 30, 2012. Click here to read the entire piece.) It’s official – the Reserve Bank of Australia (RBA) is trying to work the Australian dollar lower. In a surprise move, the RBA cut rates 50 basis points to 3.75%. Expectations … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on April 29, 2012. Click here to read the entire piece.) One of my reasons for recently turning bearish on the Australian dollar (FXA) is what I see as the likelihood of additional rate cuts through the year. It seems the consensus … Read more
Last week, I pointed out how the currency pair of the British pound versus the Australian dollar (GBP/AUD) was setting up for a breakout. That breakout occurred two days later and continues at the time of writing following weak consumer price index data from Australia. I sold my latest round of GBP/AUD long as I … Read more