If you were looking for an interesting set up heading into Yellen’s testimony on Capitol
Category: yen
‘They Immediately Bought Dollars’: Traders Get Confused, Drive Yen To March Lows
Well, the overnight session was described as “listless” by at least one Asia-based trader as
Global Stocks Are Happy. Gold Is Sad. China! I Found Some Inflation In Norway.
Well, I’d say “it’s quiet out there,” but that’s cliché. So how about this: “ain’t
‘There’s No Such Thing As A Bad Tick’ – Another Theory On Silver’s Flash Crash
Via Kevin Muir of “The Macro Tourist” fame It’s one of those periods when everything
Yen, Pound Nosedive, BoJ Reminds You Who’s In Charge Here
Right, so first thing Thursday morning we noted that 10Y JGB yields had risen to
One Trader Bans ‘Certain Words’ Until You Can ‘Pass His Plain-Speaking Test’
“The last thing I want to be doing the day after July 4th is making any kind of assault on free speech. But I’m going to propose a ban on certain words that no longer pass the plain-speaking test.”
Fireworks: North Korea Launches “Anywhere” ICBM, Trump Ponders “Heavy Move,” Central Banks Ahoy!
There’s never a dull moment in a world that’s lost its mind. North Korea celebrated
“A Major, Serious” Situation In Japan, PMIs Galore, And A Deadline For Qatar
Ok, so Shinzo Abe’s LDP suffered a stunning loss in Tokyo assembly elections over the weekend,
And God Said “Let There Be Data: And There Was Data.”
It’s Friday and God said, “let there be data: and there was data.” Let’s start
Euro, Euro, Euro
It will take more than anonymous ECB sources to cool the desire to bet on
Stocks Fall Across The Globe As Hawkish Central Banks, Washington Jitters Roil Risk
Well, the overnight action was predictable under the circumstances, but it’s nevertheless unnerving for anyone
Euro Surges On Draghi’s “Three Messages,” Dollar Eyes Janet, Yuan “Suddenly” Jumps
Boy, I’ll tell you what, if you’re a central banker and you’re going to say
Gold Flash Crashes, “Jubilant” Germans, And Bank Bailouts
Well, gold plunged $18 in seconds on surging volume (18k contracts in a one-minute window)
3 C’s: Crude, Carry, CPI And Your Full Week Ahead Preview
Ok, so it’s Sunday which, as we’re fond of reminding you, means that tomorrow will be Monday – right up until Trump does something that takes the whole of idea of there being a “tomorrow” off the table…
A Kiwi, A Krone, And An Oil Rout
It was relatively quiet overnight session which saw market participants continuing to focus squarely on
A Royal Shakeup, China’s Big Day Falls Flat, Crude Reality Bites
Ok, well for obvious reasons, the headlines overnight pretty much all revolved around: Saudi Arabia
Dollar Is Happy, Pound Is Sad, And There’s Some Yuan Shenanigans Afoot
It’s about Dudley for the dollar which rose to a three-week high versus the yen
Stocks Super Happy, Oil “Flirts With Collapse,” UK Brexits, France Wonders Why No One Voted
Generally speaking, it was a quiet overnight session as traders look forward to a light
Peter Pan’s Revenge: Kuroda Thinks You’re Crazy To Think BoJ Is Not Still Crazy
“The moment you doubt whether you can fly, you cease forever to be able to do it.”
Trader: We’re Playing Tug-Of-War With A Starfish And There’s A “Reptilian Aura” To It
“Anyone who claims to know how this populism, saber-rattling and scandals will play out is fooling you as well as themselves.”
The Day After: Yellen’s Big Mistake
So here we are, the day after a Fed hike that was supposed to (and
“I’m The One Who Got Us Into This Mess,” A Brent Death Cross, And “The Day Before Tomorrow”
Today is all about tomorrow…
What A “Buzz Kill”: Tech Selloff Goes Global
“There’s a chance U.S. internet technology stocks that have propelled a global stock rally will now serve as a buzz kill.”
Trader: “The Problem Is Ours”
“James Comey’s testimony has been portrayed as the making or breaking of the current presidency. Total vindication or that Perry Mason moment when he tearfully breaks down under questioning, repudiates his opening statement and confesses all. No one listening in today is going to budge one inch in their appraisal of our state of affairs.”
China? China! Kuroda Contemplates His Exit, And Other Overnight Shenanigans
It’s “Super Thursday” and although the real fireworks (if there are any) aren’t set to
Terrorist “Troublemakers” Storm Overnight Session, Murder 12 In Iran Ahead Of “Super Thursday”
Well, it was a quiet overnight session right up until around 2 a.m. EST when
The Mystery Of The Rising Nikkei
“The strong correlation of USD/JPY and the Nikkei is a well-known phenomenon — so much so that it impacts the relative pricing of yen- and dollar-denominated Nikkei futures. When the fortunes of the two diverge, as they have recently, the market takes notice.”
You must be logged in to post a comment.