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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 2338
Forum Topic:

USD

Discuss USD
 
Ashraf Laidi
London, UK
Posts: 0
9 years ago
Jun 22, 2011 18:06
FRBNY on Reinvesting purchases.

FED: NY Fed statement: In implementing FOMC (reinv) policy, Fed
will follow operating practices similar to QE2. "Purchases will be
allocated across maturities according to a distribution that is nearly
identical to that executed under the Treasury purchase program. The only
change to the distribution is that the two maturity sectors beyond 10
years from the earlier purchase program will be combined into a single
maturity sector of 10 to 30 years in order to achieve greater
operational simplicity. Specifically, the Desk plans to distribute
purchases across seven maturity sectors based on the following
approximate weights: 1.5-2.5y 5%, 2.5-4y 20%, 4-5.5y 20%, 5.5-7y 23%,
7-10y 23%, 10-30y 6%, TIPS 3%. On-run 7y will be considered 5.5-7y and
on-run 10y part of 7-10y sector. TIPS weights are based on unadjusted
par. The size and frequency of operations will be reduced to levels
commensurate with agency debt and MBS principal payments. Fed antic
one op per month in each sector. Schedule is due around the 8th biz day
of mo, to cover thru middle of the following month. Next due July 13.

Ashraf
jacek
Melbourne, Australia
Posts: 2579
9 years ago
Jun 22, 2011 0:41
USDx almost hit 74.50.. interesting that USD has been showing relative strength(heat) even as EUR was approaching 1.4400
cat0nip
Frankfurt, Germany
Posts: 1632
9 years ago
Jun 17, 2011 18:04
it has support its from bonds
jacek
Melbourne, Australia
Posts: 2579
9 years ago
Jun 17, 2011 15:51
75 done.. let's see if it supports for higher now..
jacek
Melbourne, Australia
Posts: 2579
9 years ago
Jun 17, 2011 0:43
USDx needs to retest 75 before higher again.. could be good springboard for 79-80..
jacek
Melbourne, Australia
Posts: 2579
9 years ago
Jun 16, 2011 9:28
76 as good as done.. and jpy and chf are warming up.. so some rotation out US$ might be starting..
Qingyu
UK
Posted Anonymously
9 years ago
Jun 15, 2011 11:30
agree, jacek, my usdx chart reading told me same answer...
jacek
Melbourne, Australia
Posts: 2579
9 years ago
Jun 15, 2011 10:55
so sorry cat.. I meant to say relative strength of USD alone could make USDx hit 76.. maybe with little help from short covering..
cat0nip
Frankfurt, Germany
Posts: 1632
9 years ago
Jun 15, 2011 10:46
I am not interested in correllations ... these are data from the past.
jacek
Melbourne, Australia
Posts: 2579
9 years ago
Jun 15, 2011 10:21
price action alone could see USDx hit 76.. maybe with little help by short covering..