Some interesting 2014 policy predictions and trade ideas from the DailyFX analysis team John Kicklighter: Eur/Chf "peg" at 1.2000 may mean trading USD/CHF on diverging monetary policy may be a better idea than trading EUR/USD AUD/NZD sits at ...

Central Bank Watch

BOJ head Kuroda says it will continue QE as long as needed, and increase it if necessary. Being more export reliant than the other major economies, a rising yen will hurt Japan far more than rising local currencies in other countries. Abe and Kuroda ...

Central Bank Watch

Overthinking it. I never decided to someday quit smoking, never made a pledge or resolution, I just made a snap decision one day and bang, done. Until that day I had never even thought about quitting. A few days of suffering then it was over ... the ...

What kind of music you hear while you trade?

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What kind of music you hear while you trade?

No market is inherently easier or harder than any other market. Forex, stocks, options, commodities, futures - it's all the same. Price goes up, price goes down. Traders go long, traders go short. Some traders are smart and quick, some are slow and ...

Why the stock market is the easiest market to trade

Perhaps. If the current trend in unemployment holds, the end of 2014 should see it hit 6.5%. A lot can obviously happen between now and then though - the only constant, as they say, is change. The Fed could also revise its target for ending QE - ...

Central Bank Watch

Hi EE, thanks for contributing. The BOJ is still desperate to keep JPY as low as possible - but I'm starting to wonder just how low can it go? It's already moved a long way, and COT shows the big boys are all extremely short. I wouldn't want to buy ...

Central Bank Watch

I don't mean to nitpick, but evolution has nothing to do with individuals adapting to their surroundings. It is about each individual being born with certain genetic traits they have no control over and cannot change. Those individuals lucky enough ...

Trading forex - a Darwinian battle for survival

Bank of Japan released it's statement on monetary policy today. It will keep asset purchases at 60 - 70 trillion yen - for now. Interesting was this phrase though - "inflation expectations appear to be rising on the whole". url url Tokyo core ...

Central Bank Watch

I have started ... with what looks like a triple top on 1D chart. Very cautiously though, since the trend is still up.

Central Bank Watch

The signs have been bearish on stocks for some time now - historically low participation, high volatility and economic uncertainty. But QE essentially created a huge amount of extra cash which had nowhere else to go. Bonds were hammered directly by ...

Central Bank Watch

Fed announced today it will taper asset purchasing by $10bn per month. After all the speculation by traders and financial media in 2013, the fed actually did exactly what it said it was going to do all along - start to taper when unemployment falls ...

Central Bank Watch

RBA released minutes of its monetary policy meeting held two weeks ago. It still says AUD needs to be lower to achieve balanced economic growth, and will closely monitor the effects of its latest interest rate cuts. It also made very clear it is ...

Central Bank Watch

I'm seeing a bit of this lately, arguments for ECB to begin its own asset purchase program url url and the argument against: url It seems Germany is most opposed to QE amongst EZ countries, though the most recent article is Germany's largest ...

Central Bank Watch

RBA governor Glenn Stevens says AUD needs to fall to US$0.85 - about 5% lower than it sits now. url Obviously it could easily depreciate 500 pips as a byproduct of a taper announcement from the fed, so a deeper fall is possible if that happens. ...

Central Bank Watch

Reserve Bank of New Zealand is starting to worry about inflation, announces plans to raise interest rates by 2.25% over 2.25 years. Since RBNZ announces rates 8 times a year, expect about 50% of its statements to contain 0.25% rate increases in the ...

Central Bank Watch

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Central Bank Watch

Subscribed, looking forward to following your journey in 2014. I think your logic expressed here is similar to mine. I'm looking for GBP and NZD to be the big movers in 2014 based on CB policy but shorting USD for too long isn't wise IMO, 10 day max ...

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