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

Surging U.S. Dollar and Carney Overwhelm Bullish Underpinnings for the British Pound

(This is an excerpt from an article I originally published on Seeking Alpha on July 8, 2013. Click here to read the entire piece.) Last week was a great week of economic news for the United Kingdom. The apparent economic improvement seems to be unfolding just as Mervyn King seemed to suggest in his final … Read more

A Crescendo Looms for the Australian Dollar Even As Traders Cast About for New Forex Leader

(This is an excerpt from an article I originally published on Seeking Alpha on June 6, 2013. Click here to read the entire piece.) On Monday night (June 4th, Tuesday morning in Australia), the Reserve Bank of Australia (RBA) decided to leave its cash rate steady at 2.75%. The statement contained no new news and … Read more

A Mystifying Rate Cut By the Reserve Bank of Australia

(This is an excerpt from an article I originally published on Seeking Alpha on May 7, 2013. Click here to read the entire piece.) Tonight (morning of May 7th in Australia), the Reserve Bank of Australia cut its interest rate to 2.75% whereas the consensus assumed that rates would stay steady at 3.0%. While the … Read more

Week of Major Currency Shifts Flips Me Bullish Australian and British Currencies

(This is an excerpt from an article I originally published on Seeking Alpha on April 7, 2013. Click here to read the entire piece.) {snip} The market seemed to convulse on the notion that the Fed could actually end asset purchases but seemed to ignore the conditional of a much improved labor market and improving … Read more