Fx Thoughts : Exit The Stallion With Thundersnow
The Year of the Horse ended under a cloud of uncertainty culminating in the FOMC’s reticent minutes 2 nights ago that signals a long wait for any rate hikes in the months ahead.… Continue reading
Category Archive: Forex
Australia Focus : Unexpecting The Expected
I thought we were expecting a rate cut ? 28 Jan 2015 An article in Australia’s best-selling metropolitan newspaper (Herald Sun) claims the RBA has shifted its thinking on the economy and is… Continue reading
Soul Searching In A Currency War
One of the advantages of having this website/blog, is the access to my personal archive of thoughts, ideas and research. Few people would remember how they were 3 years ago and re-reading my… Continue reading
Australia Focus : RBA Time
The only positive this week has been coal and the ASX. Government bonds continued to fly towards record low yields and RBA watcher McCrann said that the RBA “will most certainly cut rates… Continue reading
FX Hell In Hotel California
At the recent World Economic Forum “Central banks, said Harvard University economics professor Kenneth Rogoff, are surely the greatest source of uncertainty in the eyes of the financial markets..” http://www.spiegel.de/international/business/ecb-decision-to-weaken-euro-comes-with-pluses-and-minuses-a-1015322.html I think the… Continue reading
A Last Word : The End of Higher SIBOR For Now
After today’s surprise Monetary Policy Statement from the MAS. People, rejoice. My view is that it is the end of the road for higher SIBOR from now. MAS did the public a favour… Continue reading
No Central Bank Left Behind – Singapore MAS's Surprise MPS
MAS joins in the fray ! and the SNB, ECB and FED fireworks !! No Central Bank will be left behind. http://washpost.bloomberg.com/Story?docId=1376-NIV2006KLVRL01-2EOEJQDAO9HDI647QA393MRC4G Link to statement : http://www.mas.gov.sg/news-and-publications/speeches-and-monetary-policy-statements/2015/monetary-policy-statement-28jan15.aspx#.VMgpmo9-Bmg.facebook For the record, this is not… Continue reading
FX THOUGHTS : THE WHIPPING BOYS AND LOSERS
Lessons of 2015 – Pegs Are Not Forever But do not worry about Hong Kong yet. Who has been the biggest loser of all in this CHFEUR peg’s unpeg ? SWITZERLAND !! of… Continue reading
FX Thoughts : The USD Suicide Mission
Has anyone realised that the surest trade off anyone’s head this year is the USD strength trade ? If you doubt me, just ask around your friends. It is easy. Folks are divided… Continue reading