Three months ago on a Thursday. Maybe the metronome is ticking for this week to intervene to 110. Kangaroo driving defines this SNB. CHF remains at all time highs on TWI basis. Recession looming. This is nonsense but makes sense to someone (the ...

SNB's Danthine says EURCHF 1.20 cap was a temporary measure

Australia has put plenty of capacity in place for next upswing (yes too early). But don't forget if world recovery is your central view then put money on AUD. If world recovery not your central view then forget AUD and USD, switch to Yen.

Stevens: The World Economy and Australia

USDJPY range bound for last 4 months. Suggests tough road ahead for more USD upside. Big benefits for Japan from low oil price. But better bets elsewhere.

Abe adviser Hamada: need more easing if can't hit 2% in core-core CPI

So upside or downside risk?

Why China's not too worried about trade figures

I believe its a process. I believe most users of this forexfactory service would also. I like the notion of hunting as an idea which takes us further than process. This is why primitive tribes took their older kids on stalking expeditions, because ...

Successful Forex Trading is a Process, Not a Project

The world economy is now worth about USD$535 trillion (using 7% return on capital) and net debt of the world is zero. We are talking about consenting adults who owe each other money. But the USD part is only that - a part. Yes, I can see the USD ...

The $9 Trillion Short That May Send the Dollar Even Higher

Four factors drive the fundamental value of currencies. Lets see how the Yuan stacks up? 1 Economic cycle and inflationary pressure. Currently, bias is easing rather than tightening but so is everyone else. Maybe slight relative negative. 2 ...

Why China's not too worried about trade figures

Very interesting that the EUR negatives also largely apply to the USD (except Greece) and USD has several other negatives that EUR does not (paralysis). Some days trading seems like white water. But more days than usual this year I suspect with more ...

EUR/USD: Risk/Reward & How Low Can It Go? - UBS

SNB wanted EUR/CHF 1.20 to Euro, now 1.04 and change; with Swiss Ministers champing at the bit to secure some political clout to fight back with (110 level?). CHF TWI at record highs and facing deep recession with rest of Europe doing well. So who ...

Eurozone PMI moves higher as growth accelerates in Germany, Italy and Spain

SNB wanted EUR/CHF 1.20 to Euro, now 1.04 and change; with Swiss Ministers champing at the bit to secure some political clout to fight back with (110 level?). CHF TWI at record highs and facing deep recession with rest of Europe doing well. So who ...

French business activity rises for second month running in March

The AUD is incredible value at current levels, esp vs CHF. Global growth momentum is picking up gradually, the soggy commodity price story is behind us, and Australia has nothing but upside in a reforming, growing world economy. Commodity currencies ...

RBA keeps interest rates on hold at 2.25% at April meeting

SNB also likely to move again soon. Mirror image to AUD on buy side. SNB will come under further pressure if NFPs disappoints. Greece not resolved (more delay) so markets see EUR upside due to better eco numbers. Commodity prices weak but weight of ...

AUDUSD: Could We See a Pre-NFP Bounce to .7700?

Down another 5% Up 30% for these two YoYo currencies AUD and to a smaller extent CAD. 2003, 2009, ....2015 bull episodes. 2 plays on global growth momentum. If you're global growth pessimist then can sit out these two, and USD as well. My view forex ...

AUD falls to nudge six year lows

USD/JPY has come from 75 to 120 since late 2012. So let's agree that efficiency is a relative term in forex markets. USA is flying with only one control - monetary policy (air crash investigations background required). But when inflation is not your ...

The Market Got It Wrong; The Fed Is A Dollar Bull - Goldman Sachs

New Zealand economy scores very highly on many fronts - on all of the four factors which we emphasise. So we monitor the scores continually and still find it is top of the league. So all of you "trend is your friend' parrots should be doing well for ...

New Zealand dairy drives fall in exports

Sounds like this person has never been to either country. China is undergoing many adjustments not just one. Some countries have very active structural reforms in place and sensible macro policies as well. Australia and NZ are two of these. So NZ is ...

Australia is essentially just a big China hedge fund

Sell

Fischer: Monetary Policy Lessons and the Way Ahead

"Full normalization of monetary policy would allow the Fed to rely on its traditional policy framework of adjustments to the federal funds rate. However, as long as our balance sheet remains sizable, we will not be able to implement monetary policy ...

Fischer: Monetary Policy Lessons and the Way Ahead

This kind of story confuses 2 separate issues. 1. Are US money markets able to now function efficiently without QE? Yellen has grave doubts which is part of the reason that rates have not been raised already. 2. Assuming that policymakers think ...

The Market Got It Wrong; The Fed Is A Dollar Bull - Goldman Sachs

I disagree. Any debt entered into is voluntary and takes account of collateral. The GFC has reminded everyone that collateral cannot be ignored with impuntiy and when and if it is then that's scary. The wealth of the Earth less global debt is the ...

3 of the world's most powerful money managers are saying some scary things about the world