Submitted May 28, 2015|From marketpulse.com

Currently, capital markets are beholden to any rhetoric from Greece, albeit rumor or hard fact. Any instrumental headway on Greek creditor talks has pushed sovereign bond yields higher, given the equity markets a nudge, and the EUR some life. That ...

Submitted May 27, 2015|From marketpulse.com|2 comments

For months, JPY has been trading in a contained and rather boring range against the dollar. However, on the crosses, albeit for risk or order demand, the Yen cross has always been a moving target. A commodity sensitive currency pairing like CAD/JPY ...

Submitted May 25, 2015|From marketpulse.com

Over the past few weeks the dollar bull had been trading with their backs against the wall, pressured by the spike in global sovereign bond yields, and the questionable timing of the Fed’s first-rate hike that seemed to have been pushed further out ...

Submitted May 21, 2015|From marketpulse.com

There was nothing groundbreaking revealed yesterday in the April Federal Open Market Committee (FOMC) minutes. Market price action would suggest that it was an uninspired event ticking off most individuals’ boxes. Most dealers are still digesting ...

Submitted May 20, 2015|From marketpulse.com

Fed officials are open but not necessarily transparent when it comes to discussing the timing of the first rate hike — they are leaving that decision to economic data. U.S. policymakers have warned that a summer rate increase is not off the table. ...

Submitted May 15, 2015|From marketpulse.com|1 comment

George Soros’s Quantum fund did take on the Bank of England and broke it on what is known as Black Wednesday in 1992, but in general, investors should be wary of taking on a central bank. Historically, they have more ammo than the market. Yesterday, ...

Submitted May 12, 2015|From marketpulse.com|1 comment

Yesterday, the EUR bear was on the cusp of recording a major win. The nineteen member single currency stood on the verge of rolling deep into negativity territory only to be rescued by plummeting bond prices and rising yields along with some timely ...

Submitted May 11, 2015|From marketpulse.com

Volatility will always provide a degree of opportunity, currently something that investors cannot complain about. Last week, capital markets we exposed to massive sovereign bond yield swings that supported directional play in both the forex and ...

Submitted May 7, 2015|From marketpulse.com

This week has certainly lived up to expectations. Market moves were always going to be big due to the amount of event risk that investors are being exposed to; however, we have yet to witness the main event: tomorrow’s U.S. nonfarm payrolls (NFP) ...

Submitted May 5, 2015|From marketpulse.com

The mighty dollar took advantage of thin holiday trading conditions yesterday and rallied against the single currency. That trend continues this morning with the sell off in U.S bonds pushing the 30-year yield (+2.86%) back to highs last seen in ...

Submitted May 4, 2015|From marketpulse.com

Holiday thinned markets (Japan’s Golden week holiday Monday-Wednesday and today’s U.K May Day celebrations) are managing to keep forex action relatively tight ahead of the open stateside this morning. Nevertheless, this is a big week for capital ...

Submitted May 1, 2015|From marketpulse.com|2 comments

This time last year the Euro was trying desperately to drop through its one-month low of €1.3800. A year on, the single unit is again making some significant strides, albeit from much different price levels. The EUR has started the month of May ...

Submitted Apr 30, 2015|From marketpulse.com

Sovereign bonds have been selling off hard over the past two-days as a number of factors send yields higher. For the first time in nearly a month, the US 10-year yield is trading outside the +1.8-2.0% range (+2.05%) while the German 10-year Bund has ...

Submitted Apr 28, 2015|From marketpulse.com

With the EUR at such elevated levels pre-meeting, fading FED rate hike expectations, supported by a soft patch of U.S. data since the March meet, will risk the squeeze of even more EUR shorts post FOMC. June had been the forerunner for the ...

Submitted Apr 24, 2015|From marketpulse.com

As was expected from Riga, Latvia, nothing constructive happened on the Greece front. The Eurogroup continues to pile on the pressure, urging the Greek government to get with the program, speed up negotiations on economic overhauls, and avoid ...

Submitted Apr 23, 2015|From marketpulse.com

Notwithstanding the lack of fundamental data on show this week, the EUR bear has been trying valiantly to build up a head of steam ahead of tomorrow’s important Eurogroup meeting in Riga, Latvia. With the market not yet privy to any new hard ...

Submitted Apr 21, 2015|From marketpulse.com

With the lack of fundamental releases this week, investors are hitching trading ideas to worries about Greece. The CAD is no exception. The loonie is trading lower Tuesday (CAD$1.2273) as the market moves out of risk-sensitive currencies and into ...

Submitted Apr 21, 2015|From marketpulse.com|1 comment

The mighty dollar is quietly going about regaining some of its natural pose as the market heads stateside. Greece on the other hand remains committed to the EUR’s downward trajectory in a week that’s deprived of fundamental data and long on Greece ...

Submitted Apr 14, 2015|From marketpulse.com|1 comment

As investors head Stateside, this morning’s focus will be on March’s U.S Retail sales data and whether the series could re-enforce speculation that the Fed could begin its tightening policy my mid-year. Retail sales data has been negative for the ...

Submitted Mar 30, 2015|From marketpulse.com

With Good Friday making it a holiday-shortened trading week for most Eurozone participants and commonwealth members, investors would prefer to escape relatively unscathed to begin Q2 proper next week. However, with U.S non-farm payrolls rounding off ...