The Sorry State of Forex Markets
A hedge funder was lamenting that he positioned for an ultra strong Non Farm payroll number but ended up losing money too because the markets then decided to blame it on Ukraine. Not… Continue reading
A hedge funder was lamenting that he positioned for an ultra strong Non Farm payroll number but ended up losing money too because the markets then decided to blame it on Ukraine. Not… Continue reading
As we approach a new peak in the Citi AUD Pain index*, along with a nice top in the Economic Surprise Index**, markets are turning long in the AUD, led by the usual… Continue reading
A friend of a friend’s wanted to set up a branch of their HFT (high frequency trading) firm in Singapore a year back. Afterall, Singapore is the king of Asian foreign exchange and… Continue reading
Why we should ignore geopolitical risks ? Because nothing really happened in all the previous scares we had, central banks will make sure everything will be ok and globalisation has raised the stakes… Continue reading
China is wasting no time searching for a missing planeload of Chinese nationals and widening their currency band all at once, right before the Crimean vote today. March 15 (Bloomberg) — China will… Continue reading
The great commonwealth countries of Australia, Canada and New Zealand lie in the periphery of the G6 (which later included Canada to become G7) under grand dame UK. Australia, New Zealand and Canada,… Continue reading
Crazy Horse to me is my favourite Sioux Indian hero, being very much fascinated by the Battle of the Little Big Horn as a child. http://en.wikipedia.org/wiki/Crazy_Horse As we welcome the Chinese year of… Continue reading
In the first 3 weeks of 2014 and the end of the lunar year of the Snake, over 80% of the 162 currency pairs in the world have lost out against the USD.… Continue reading
Perhaps it was the solar eclipse yesterday that sapped the energy out of me. Or perhaps it had to do with my insane whopper of a bbq session last night that involved roasting… Continue reading
2 Main Developments in Australia last week No shutdown in Australia and the debt ceiling hike went as smooth as a whistle and Fitch affirmed their ratings. http://finance.yahoo.com/news/fitch-aussie-debt-ceiling-hike-080558388.html A cash injection of AUD… Continue reading