It is actually Susan Sarandon. Its a new movie where the forex traders of the world take on the President of Switzerland and SNB by boycotting CHF trades. Turns out the scam was organised by a whale trader in Sydney on the buy side of AUD/CHF. He is ...

Swiss finance minister wants new EUR/CHF floor

Economics 101. Things are scarce. Who gets what? Markets efficient. Some markets inefficient. Some governments corrupt. Some just stupid. Some are both. USA is long term both. China is short term both. That's 40% of world. 90% countries support WTO. ...

Science confirms that ‘more money’ does indeed lead to ‘more problems’

Check out the graph. Despite the volatility the world needs more and more and more iron. Infrastructure spend has to accelerate in line with other very hard trends. Infrastructure spend is iron and copper intensive. Outer space is not an answer.

RBA Index of Commodity Prices February 2015

I'm long AUD/USD for the next 12 months. Better play is AUD/CHF.

DXY, EUR/USD: Breakout; AUD/USD: Ideal Sell - Goldman Sachs

FED will think twice, then three times, then four times, in the meantime US stocks continue higher, USD vulnerable.

A stunningly bad economic signal from the Midwest

7% to 7.5% - these are quite good figures don't you think? And the language of pessimists - growth being 'dragged' down to 7%. Focus on the 'housing slump' as if it was news and residential construction makes up a full 4% of total GDP. China's ...

China Feb official PMI contracts for second month in Feb

I would buy at 74 (AUD/USD) but might see Hayley's comet first. Bottom after the GFC was really 70 and USA in worse state now than then vs Australia. RBA is the key but only because traders are myopic or impatient. Looking for big bounce in AUD next ...

Aussie back within range - US GDP to have final say

He's a very intelligent and good human being. The choice is between a long drawn out, painful and inefficient outcome or a shorter period of austerity (fewer cream buns), some pain and much more efficient outcome. Intelligence and goodness still ...

Yanis Varoufakis interview: ‘Anything’s better than austerity'

Fed stance is lagging behind the inflation outlook evidence. More worryingly Fed cannot raise rates if RoW is well below potential growth. US is also below its own potential growth rate and its money markets are very vulnerable to declines in asset ...

Why Isn’t the Fed More Worried About Inflation Expectations?

Yellen says more work needs to be done on weaknesses in US financial system. This is 6 to 7 years after GFC! USD bulls skating on thin ice now. Many other countries doing much better than US on structural issues so time is against USD - tick-tock. ...

AUD/USD - Imminent Breakout to a Form Price Bottom

Japan's internal economy fails because its banking crisis is the Favour Bank - widespread, corrosive corruption. This is no market economy, nor even a mixed economy - its a blocked drain economy. So more liquidity doesn't help.

BOJ's Kuroda says Japan needs to hit price target soon to change expectations

Old 'news'. AUD keeps rebounding after bad 'news'. Getting ripe for decent bounce soon.

Australia Private New Capital Expenditure and Expected Expenditure

A big problem with this survey, especially when CPI inflation pressure is very low, is that 'core' inflation may be confused by the respondents as CPI inflation itself. It is most doubtful therefore that this reading will influence the RBNZ at all ...

RBNZ inflation expectations drop below 2%

Where is Hercules when you really need him?

Greece readies reform promises

Sometimes nations need a crisis to see things as they really are. These glacial elastoplast removal measures not only extend the period of pain, they convince many Greek people that their wound was inflicted by others.

A temporary deal is better than no deal as markets sigh relief on Greece

Toblerone's a good call. Every parent knows if you give way on limits, you're a goner - and so's the kid.

Europe gives Greece another four months

Based on long term trend analyse a range you are comfortable with for next 12 months (Ceiling and floor). In the circumstances you describe this will be a trend reversal which is the most difficult to time. If you are an impatient trader then better ...

6 Reasons GBPCHF Bulls Could Target 1.50 Next

In other words the CHF reacted very positively once unshackled but is now coming back into the fold. See also AUD/CHF for a better doublesided coin.

6 Reasons GBPCHF Bulls Could Target 1.50 Next

I'm surprised S&P ratings are still worth anything. Most countries would die for AUD budget position. Load up again on AUD/CHF. Very good risk/return characteristics but no need to bet the farm.

S&P says Australian budget would be vulnerable to risk overseas

Forex markets to receive comforting news for AUD across the board in coming months (first half). Housing market rebounding strongly; commodity prices and China growth; economic reforms promoting growth; no inflation and no deflation; macro ...

Unemployment in Australia rises to 6.4%, highest for 13 years, ABS figures show