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Category: FX

TGIF: Markets Nervous As Trump Dares Congress To Pass Health Care Bill No One Likes

March 24, 2017March 24, 2017

Well, it’s Friday and this week has been just as interesting as last week. Today

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Stock Selloff Goes Global

March 22, 2017March 22, 2017

Investors “needed a good reason to take profit, and here it is.”

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“Another Plank” Supporting The Dollar Has Been Removed

March 21, 2017

With the broad dollar sinking… …and the euro hitting six week highs (well on its

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2 Comments on “Another Plank” Supporting The Dollar Has Been Removed

Here’s How To Return 51% Trading USDJPY

March 21, 2017

“The 50-day moving average (DMA) for USD/JPY is set to cross below the 100-DMA of the currency pair, and while I normally dismiss moving averages as a technical signal, this time is different.”

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Trader Exclaims: “They Are Making This Up As They Go Along!”

March 21, 2017

“There’s comfort to lazing in the dark, as long as you can ignore the thought of what a sudden bright light might show is making those scratching noises.”

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Euro Jumps To 6-Week High After Lunatic Loses Key Debate

March 21, 2017

We start Tuesday in Europe in the aftermath of the closely watched presidential debate at

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One Trader Wants To Know Why You’re Still Short Sterling; Goldman Answers

March 20, 2017

“When will the doom-mongers just admit they were wrong, rather than constantly revising their Armageddon dates? “

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It’s Quiet Out There: G-20 Leaves Markets Feeling “Damp And Grey”

March 20, 2017March 20, 2017

It feels quiet out there. Maybe a little too quiet. There’s plenty of G-20 banter

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oil, OPECLeave a Comment on It’s Quiet Out There: G-20 Leaves Markets Feeling “Damp And Grey”

Finally Friday: Oil Looks For Weekly Gain; EM, Euro Surge; Merkel Meets America’s Useful Idiot

March 17, 2017March 17, 2017

Well, it’s quiet out there as an exceptionally eventful week (finally) winds down. As we

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oil, OPEC2 Comments on Finally Friday: Oil Looks For Weekly Gain; EM, Euro Surge; Merkel Meets America’s Useful Idiot

A Good Bottle Of Scotch Would Be Nice: Making Sense Of Market Nonsense

March 16, 2017March 16, 2017

Thank God for four months of sobriety because the old Heisenberg would have been at the bottom of a good bottle of scotch right now…

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oil, OPEC2 Comments on A Good Bottle Of Scotch Would Be Nice: Making Sense Of Market Nonsense

A Good News Type Of Day

March 15, 2017March 15, 2017

Well damned if this wasn’t a good news type of day. We’d wager the only people

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Behind The Curve? “Pussy-Cat” Yellen Confronts “Largest Dovish Policy Deviation Since The 70s”

March 15, 2017March 15, 2017

Some folks will be talking about the Fed today. In just a few hours we’ll

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oil, OPECLeave a Comment on Behind The Curve? “Pussy-Cat” Yellen Confronts “Largest Dovish Policy Deviation Since The 70s”

“What Blizzard? It’s A Couple Of Flakes”: Markets In Cryosleep Ahead Of Snow, Fed, Geert

March 14, 2017March 14, 2017

Welcome to day 2 of 2 in the pre-Fed, pre-Dutch election market cryosleep. Overnight we

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oilLeave a Comment on “What Blizzard? It’s A Couple Of Flakes”: Markets In Cryosleep Ahead Of Snow, Fed, Geert

The First Week Of The Rest Of Your Life

March 13, 2017March 13, 2017

Welcome to the first week of the rest of your life. By now you all

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Please Fasten Your Seat Belts, Jobs Report Ahead

March 10, 2017March 10, 2017

So obviously it was a relatively quiet overnight session as the entire world focuses on

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China Trade Data “Surprises” Bigly, Shows First Deficit In 3 Years

March 8, 2017March 8, 2017

Wednesday begins in China, where we got highly anticipated trade data that probably shouldn’t have

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No Trouble In Little China And Nothing Doing In Oz

March 7, 2017March 7, 2017

It was a relatively quiet overnight session on the news front, although you wouldn’t know

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Chaos

March 6, 2017March 6, 2017

Well I think it’s safe to say that geopolitical risk – which the naive among

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oil3 Comments on Chaos

“All Eyez On Me”: Yellen, Fischer Are Up To Bat

March 3, 2017March 3, 2017

It kind of feels like everyone is ready to get this week on the books.

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Get This Through Your Damn ‘Brain’ard

March 2, 2017

So basically, the message is that unless the S&P were to suddenly collapse, the Fed

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2-Year Yields Highest Since 2009 While German Yields Argue With Soaring Inflation

March 1, 2017

One thing you might want to note is that 2Y yields hit their highest level

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2 Comments on 2-Year Yields Highest Since 2009 While German Yields Argue With Soaring Inflation

With Odds Of March Mushroom Cloud Lower, Time For Trump Economic Team To “Muddy Those Expensive Loafers”

March 1, 2017

The political scientist in me is a little annoyed with some of the overnight Street

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“Big League?” Why The Market Is “Less Euphoric” On Tuesday Trump Speech

February 28, 2017February 28, 2017

Tonight’s the night – as they say. Donald Trump will deliver his highly anticipated speech

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Markets Frozen As Batsh*t Crazy Trump Speech Awaited

February 28, 2017February 28, 2017

It’s all quiet on the Western and Eastern fronts as the market sits in suspended

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“Just Imagine How Messy This Could Get!”: One Trader Warns On Yen-Sanity

February 27, 2017February 27, 2017

“The yen market is offside and being short-squeezed. This looks set to sustain even amid resilience in equities, but just imagine how messy the move could get if U.S. shares crash to converge with how other assets are trading”…

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Political Ping Pong, A “Pounding,” And A Market Awaiting Trump

February 27, 2017February 27, 2017

Well, we start in FX land on Monday morning and as has become the norm

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Reflation Frustration

February 24, 2017February 24, 2017

This is probably a decent time to start asking yourself if the narrative still makes

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