Governor Stevens Hints At Sustained Lower Levels for Rates, Australian Dollar

(This is an excerpt from an article I originally published on Seeking Alpha on July 30, 2013. Click here to read the entire piece.) The market is finally listening for every little cue from Glenn Stevens, the Governor of the Reserve Bank of Australia (RBA), and he is taking full advantage of it to help … Read more

T2108 Update (July 31, 2013) – Potential Consolidation As the S&P 500 Waits Out Growing Negatives

(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are highly likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades … Read more

An Uneven Recovery from the Interest Rate Blues

(This is an excerpt from an article I originally published on Seeking Alpha on July 17, 2013. Click here to read the entire piece.) The Reserve Bank of Australia (RBA) released the minutes from its monetary policy decision meeting earlier this month. It contains some great detail on the RBA’s assessment of global financial conditions. … Read more

Estimating A 12-Month Range of 0.86 to 1.02 for the Australian Vs. U.S. Dollar

(This is an excerpt from an article I originally published on Seeking Alpha on July 3, 2013. Click here to read the entire piece.) In the past week, we have seen two different views on the Australian dollar (FXA) from official government sources. Last week, the Australian Government Bureau of Resources and Energy Economics (BREE) … Read more

A Record Iron Ore Shipment As Prices and the Australian Dollar Plunge

(This is an excerpt from an article I originally published on Seeking Alpha on June 11, 2013. Click here to read the entire piece.) The Port Hedland Port Authority along the northern coast of Western Australia reported on June 10th surprising news on an iron ore shipment: {snip} The Port does not report the value … Read more