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 June 26, 2016. Click here to read the entire piece.) The British pound (FXB) suffered a historic plunge in the wake of Brexit’s victory, the beginning of the UK’s divorce from the European Union (EU). While headlines have been full of … Read more
Over the past two weeks or so, I have focused my currency trading on fading the British pound (FXB) and the Australian dollar (FXA). In “The Currency Market Is Lagging A Dramatic Shift in Brexit Sentiment,” I compared market sentiment versus the trading action and made the following claim (emphasis newly made): “If my interpretation … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on June 1, 2016. Click here to read the entire piece.) After London’s former mayor Boris Johnson first announced his support for Great Britain’s exit from the European Union (EU), aka “Brexit,” the British pound (FXB) sold off for the rest of … 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 March 16, 2014. Click here to read the entire piece.) {snip} Central bankers continue to warn financial markets to properly price in risk. On March 13th, Chris Salmon, the Executive Director of Markets at the Bank of England (BoE) continued the … Read more