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 January 25, 2015. Click here to read the entire piece.) Perhaps the market was really expecting a much lower inflation reading in Australia. The Australian Bureau of Statistics reported the Consumer Price Index (CPI) in Australia for the fourth quarter of … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on November 5, 2014. Click here to read the entire piece.) Suddenly, the Swiss franc (FXF) is nearing the 1.20 floor against the euro again. Almost three months ago, I thought the Swiss franc was hurtling toward a retest of the longstanding … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on January 22, 2014. Click here to read the entire piece.) Remember last September when the Reserve Bank of Australia (RBA) somewhat mysteriously removed the following language from its statement on monetary policy?… “The Board also judged that the inflation outlook, as … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on October 25, 2013. Click here to read the entire piece.) Ever since news of Chinese banks making massive write-offs and a parallel spike in China money rates stoked renewed fears over the Chinese financial system, the Australian dollar (FXA) has pared … Read more
This morning, the Bank of England released its minutes from the September meeting of the Monetary Policy Committee. From my reading, it contained no new news on the prospects for negative interest rates. The “relief” from the minutes has so far lifted the pound against the euro, the U.S. dollar, and even the yen. I … Read more