ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
The Swiss National Bank (SNB) released its latest decision on monetary policy on Thursday, March 21. Apparently the warnings from the SNB were drowned out by the rallies in financial markets that day. The SNB dropped its growth forecast, its inflation forecast, and reiterated that economic risks are biased to the downside. I took particular … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on November 9, 2015. Click here to read the entire piece.) On November 3, 2015, Thomas Jordan, the Chair of the Swiss National Bank (SNB) spoke in front of the Investment Strategists Association of Geneva on the topic “The SNB’s monetary policy … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on January 15, 2015. Click here to read the entire piece.) The Swiss national Bank (SNB) curtly reminded me that paper currencies are just the playthings of central banks. Just over a week after I had start enjoying more actively shorting the … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on January 5, 2015. Click here to read the entire piece.) Don’t look now, but the Swiss franc (FXF) is seemingly back for another test of the 1.20 currency floor against the euro (FXE). When the market forced the hand of the … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on December 18, 2014. Click here to read the entire piece.) The Swiss National Bank (SNB) reacted swiftly. It could have just been a “fat finger” trade an hour before U.S. trading began. In an instant, the euro (FXE) vs Swiss Franc … Read more