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German bond flop rattles the markets

German bond flop rattles the markets

Posted by on November 23, 2011 · 0 Comment

A mixed reaction hit the markets on Wednesday as news that the underlying negative sentiment for almost everything European finally began to creep upon the largest economy in the region. Germany, who had seen a dismal uptake of under two thirds of its ten-year bonds earlier on Wednesday, was the latest victim of the negative investment contagion being spread over Europe. The bonds, normally in demand [...]
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The non-political and the Euro

The non-political and the Euro

Posted by on November 17, 2011 · 0 Comment

The Euro had a confusing day today as the positive news that technocrat Mario Monti would lead the new Italian government was tempered by the surprise announcement that he too would be the new finance minister. Markets are generally fearful of anything which may be considered autocratic as it has previously been associated with market distortion and the stifling of free market economics. The news of [...]
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Devalued Euro is not all bad news

Devalued Euro is not all bad news

Posted by on November 16, 2011 · 0 Comment

The Eurozone grew by only 0.2% in the third quarter, reaffirming the view that the region is potentially slipping towards recession. The omnipresent threat of debt is hanging like a grey cloud over many of the regions nations, exacerbated by low productivity and declining output. This news, however, is not all totally negative; the growth of France and Germany remains steady with only the troubled [...]
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Decline and fall

Decline and fall

Posted by on November 1, 2011 · 0 Comment

One of the principle reasons why many traders refuse to get involved with the Japanese yen is because of situations such as today’s, where intervention by the Ministry of Finance manipulated the value and sent it spiralling in early Monday trading. The continuous habit of attempting to control the value of the Yen is seen as both a frustrating feature of the not-so-floating exchange rate and a good [...]
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Will Risk-On Trend Spell Trouble For US Dollar?

Will Risk-On Trend Spell Trouble For US Dollar?

Posted by on October 29, 2011 · 0 Comment

The last minute deal in the Euro zone to contain the debt crisis led to a trouncing of the US dollar, and may have sealed the fate of the greenback.  The agreement made in Europe on Thursday involves a 50% write-down of  Greek debt and will boost the European bailout fund to as much as €1 trillion. This deal has served to avert a collapse in the Euro zone, and sparked a rush to riskier assets and [...]
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US Consumer Confidence Takes Fresh Nose-dive

US Consumer Confidence Takes Fresh Nose-dive

Posted by on October 27, 2011 · 0 Comment

The value of the US Dollar against its major trading partner currencies is always in the news. Hawks in the US claim that the Chinese Yuan is artificially low against it which gives Chinese imports an unfair advantage in the US market. The Yen is near an all-time high against the Greenback despite the fact that Japan is in recession; reeling from a major natural disaster; struggling with deflation [...]
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Eurozone leaders fail to inspire

Eurozone leaders fail to inspire

Posted by on October 25, 2011 · 0 Comment

To what has become the status quo, Monday’s currency markets reflected the underlying pessimism which has been plaguing the Eurozone over the past months. The Euro traded lower against the dollar during the morning as the weekend’s unconvincing summit on the European debt crisis turned out to be one of the most unconvincing meetings of leading European figures in terms of instilling confidence [...]
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The Euro Rallies into the EU Summit Weekend

The Euro Rallies into the EU Summit Weekend

Posted by on October 22, 2011 · 0 Comment

The currency markets continued to favor riskier currencies moving into a weekend that could change the patch of riskier assets.  The EU summit will begin over the weekend and officials will discuss and make decisions on how to sure up banks and resolve investor haircuts.  Officials announced on Friday that determining how to create a new mechanism surrounding the bailout funds, known as the ESFS, [...]
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Inflation fears prompt GBP decline

Inflation fears prompt GBP decline

Posted by on October 20, 2011 · 0 Comment

Markets can sometimes be considered as irrational beasts; defying logic and making it almost impossible to predict, with any degree of certainty, even the most obvious of price movements. The fact that this is an underlying and omnipresent feature prevents the majority of currency traders making any money. So much so that contrarian theory would almost suggest trading in the opposite direction to what [...]
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The Aussie Dollar is a Volatile Risk Trade

The Aussie Dollar is a Volatile Risk Trade

Posted by on October 19, 2011 · 0 Comment

The Australian dollar is one of the best performing currencies, after finding support along with other riskier assets in mid-September.  The rally in the AUD/USD is based on the premise that optimism over Europe will continue to increase, as well as a large reduction in speculative positions based on recent CFTC data.Many Aussie investors are pinning their hopes to a soft landing in China which [...]
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Looming credit crisis despite Eurozone financial bounce?

Looming credit crisis despite Eurozone financial bounce?

Posted by on October 13, 2011 · 1 Comment

The Euro rallied strongly, alongside other risky assets on Wednesday as the heavyweight of European finance, Jose Manuel Barroso, announced a plan to end the European debt situation and force a decisive decision on the sustainability of Greece. Despite the fact that his contribution was appreciated and produced a strong rally from for riskier currencies against the dollar, it arrived at a time when [...]
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Hopes For A Resolution To The Euro Zone Debt Crisis Boosts Stocks

Hopes For A Resolution To The Euro Zone Debt Crisis Boosts Stocks

Posted by on October 13, 2011 · 0 Comment

US stocks traded higher on Wednesday morning, and into the afternoon on investor optimism over a resolution to the Euro zone debt crisis.  Investors chose to ignore a disappointing start to earnings season, as Alcoa missed analysts’ forecasts.  After closing slightly lower on Tuesday, the Dow Jones Industrial Average was trading up over 100 points as of early afternoon. The market added to [...]
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The Euro Rallies on German French Plan

The Euro Rallies on German French Plan

Posted by on October 11, 2011 · 0 Comment

The Troika, which includes the EDCB, EU and IMF are expected to conclude their review of Greece and follow with a statement focusing on the ESFS on  Tuesday.  According to the Greek finance minister there are sufficient funds available until mid-November, despite conflicting reports.    Greek financials moved lower by more than 10% on Monday as the government needed to tapped bank rescue funds [...]
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Sovereign debt fears may push the Euro lower

Sovereign debt fears may push the Euro lower

Posted by on October 9, 2011 · 0 Comment

The Euro began the week under heavy pressure amongst an increasingly nervous and information-starved investment community before appearing to make a comeback mid-week against the USD. This rally was short lived as news from the ECB and re-ratings by Moodys painted a bleak picture for the currency towards the end of the week. The coming week may also be particularly tense for the Euro as the market, [...]
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BOE send the GBP diving

BOE send the GBP diving

Posted by on October 7, 2011 · 0 Comment

What would have normally been a straightforward, even uninteresting day for the army of GBP traders became a wild scurry for cover as the normally-conservative Bank of England decided to let its hair down throw a bit of cash about. The fact that this was entirely unexpected caught most of the market off guard and caused an almighty slide in the value of the currency which, prior to midday had simply [...]
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