ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
On December 27th, I wrote “The Australian Dollar And Japanese Yen Enter 2014 Joined At The Hip – A Split Could Be Telling.” So I find it very intriguing, interesting, and validating to see 2014 start with a dramatic example of the shared hip joint between the Australian dollar (FXA) and Japanese yen (FXY). Since … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on October 21, 2013. Click here to read the entire piece.) The Reserve Bank of Australia (RBA) must be getting a bit antsy at this point. After working hard to drive the Australian dollar (FXA) downward in an on-going effort to rebalance … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on August 20, 2013. Click here to read the entire piece.) It was fun while it lasted. The anticipated relief rally in the Australian dollar (FXA) seems to have ended in parallel with the release of the meeting minutes from the last … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on August 8, 2013. Click here to read the entire piece.) The move has occurred in fits and starts, but the relief rally I anticipated for the Australian dollar (FXA) appears to be underway. The latest decision on monetary policy from the … Read more
(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