The main point is that US money markets are broken. They do not clear at a market determined rate but need to be hosed down each day by QE liquidity. First, we need evidence that the banking system (regulated) will cope without QE, then secondly, if ...

A Financial Stability Argument for Early Fed Rate Hikes

Currency volatility is the outcome, not war. The writer does not mention USA CPI inflation ouitlook - there ain't any. So the FED needs to behave appropriately. Disinflation towards zero and below is now global.

An Accidental Currency War?

FED will have no alternative but to signal a delay in moving short rates higher. This very good article is not explicit enough for me. Money markets in many countries are broken, they do not work - hence the QE policies. You would not need QE ...

This single currency move pressures the entire eurozone

If USA is top dog in the global economy, I would emphasise 'dog'.

The US returns as top dog in global economy

The broad value of CHF (the TWI) is now back to where it was prior to intervention. If intervention vs Euro was a success then it was temporary and cost their credibility. Now SNB is adrift - selling CHF versus which currency; nobody knows? Trading ...

SNB will be active in FX market if needed-Jordan

When money markets are still broken (that's why we have QE policies) negative Greece issues create Euro stench. Yes, Euro will recover but from what level? Part of CHF background story - lesser of two evils. get out.

Greenspan predicts exit from euro inevitable

Prefer AUD to everything else. Govt. leadership a timing issue. AUD is coming back. Check out job ads growth.

Stevens: Remarks at the launch of the official Australian Renminbi Clearing Bank, Sydney

Preparing markets for more dovish policy stance. 6 times mentions reason for delaying rate increase. US cannot manufacture an inflation threat where is does not exist within or outside USA. Money markets also too fragile to end QE. If not, why do we ...

Lockhart Says Fed Still on Path for Rate Rise Around Mid-Year or Later

More QE now on the cards and awkward situation for Fed. Fed knows money markets are still a risk. Policy paralysis in Washington. But maybe still best game in town. Traders market. Fundamentals not supportive. Maybe AUD and NZD to come back.

Consumer Prices in U.S. Drop by Most in Six Years as Fuel Slumps

Long run uptrend in AUD/USD is intact. And current rate near the floor. Much more upside than downside. USD policy paralysis still a major negative and FED now facing same issue as other CBs - no inflation!

Australia Retail Trade

Looking to start building longs in AUDCHF. A leadership challenge imminent for Abbott negative for timing. AUD economy will be much stronger than CHF as 2015 progresses.

Australia Retail Trade

NZD the next CHF? Real short interest rate of 4%, GDP above 3.5%pa, zero inflation, yeah what a sell.

FOMC Maintains Course; RBNZ is Dovish; NZD/USD Plunges