Searched for:
Results: 271 to 280 of 1,000
Results: 271 to 280 of 1,000
-
Intraday Market Thought: War Games
by Adam Button | Sep 25, 2017 22:00
North Korea called Trump's recent comments a "declaration of war"....The US replied that Trump's comments were not a declaration of war...The Japanese yen was the top performer, closely followed by gold,while the New....The BOJ minutes are due later...Watch out for Yellen's Tuesday speech on inflation and monetary policy....3 out of the 5 Premium Trades are in progress...The words 'North Korea' and 'war' set off algos Monday and a....USD/JPY fell as low as 111...48 from 112...15...The Swiss franc and gold also jumped on the headlines and didn't retrace...The problem with the North Korea story lately is that there is no ebb and flow...You would expect some rhetoric and then something to cool it off but neither....Instead, the series of insults and threats continues...The comments echoed especially loudly as they emerged during US market hours...North Korea's foreign minister spoke early in New York trade and that meant....Previously, the main rhetoric was limited to the weekend...Inevitably, the talk will cool down but it's tough to fade the trend at the....Politics Galore....Separately, politics are dominating markets...Merkel's disappointing election showing and the risk of fractured or....US Congress is haggling over a healthcare proposal that seems dead and....In Japan, the snap election raises new risks...Brexit is never ending...It's a veritable minefield with tape bombs landing constantly and the threat....That makes a good argument for paring risk until there is more clarity...Coming up in Asia-Pacific trading, the minutes of the July 19-20 BOJ meeting..
-
Intraday Market Thought: Ranges on Lockdown Ahead of 3 Events
by Adam Button | Oct 24, 2017 9:50
A trio of pairs are waiting near key levels in anticipation of big news this....The yen was the top performer Monday while the euro lagged...In mid-day EU trading, the euro is the best performer and the NZD at the....We trun to today's PMI figures from the US after a series of neutral to....A Premium trade that has long been awaited was finally opened yesterday,....nbsp;....The election excitement in USD/JPY faded Monday and the opening gap closed...The pair touched as high as 114...10 but sagged back to 113...43 late in the day as risk aversion picked up...The reversal highlights resistance near 114...50...In the bigger picture it highlights a market that's waiting for clarity on....For confirmation, watch 2...40% in 10-year yields, which is a level we are hearing about frequently...Elsewhere, it's a similar story...The euro remains stuck in the 1...17 to 1...19 range as the hours tick towards Thursday's ECB decision...As we highlighted earlier, the market is holding a large net-long euro position....Expectations for ECB tapering range from € 20 bn to € 40 bn, with an....nbsp;....A position that's most uneasy may be CAD because of Poloz's recent....USD/CAD touched 1...2660 Monday but couldn't break the Aug 31 high or the 100-day moving....The market is divided on whether or not the Bank of Canada will hike again this....Wednesday's outlook announcement from the BoC will be key...Expect the market to tip-toe until some of those questions are answered.
-
Intraday Market Thought: GBP Borders on Brexit Failure
by Ashraf Laidi | Dec 5, 2017 17:57
Northern Ireland's DUP says it will not accept “regulatory alignment&....How long will the dissent last and what it means for GBPUSD's path road to....38? Full analysis.
-
Intraday Market Thought: Volatility Explodes (and Imploded)
by Adam Button | Feb 5, 2018 23:16
As insane as the market moves were during regular trading hours on Monday,....The yen was the top performer while the pound lagged...The RBA decision is due up next...The Premium video on today's wild market swings (biggest intraday....Stay tuned...هل فات قطار بيع المؤشرات؟ ما هي المؤشرات الي يجب اجتنابها؟ لماذا لم نجني الأرباح....Betting against volatility is one of the infamous trades of all-time...It's so lucrative, so perfect that it pays over and over again –....Betting against volatility was the trade that took down the famed hedge fund....Now, it's an even bigger trade...In a recent poll from BAML, fund managers cited short-volatility as the....The VIX fell below 9 in early January...As Ashraf warned last week, volatility has spiked...The VIX closed at 37 on Monday as it doubled...But that's just where the story begins...Something happened in after-hours trade to the ETF VXX...It closed at 99 after opening at 115...It's designed to trade inverse from longer-dated VIX futures...It was a sharp, painful fall but it was orderly...In after hours trading, it fell to 28...No one is quite sure what happened...There are some provisions for a liquidation in the ETF but it's not....A similar move happened in SVXY, which is a similar ETF...It's possible that some kind of fund liquidation and margin call event is....If it's liquidated, then volatility is going to continue to spike Tuesday....If so, the yen is particularly attractive until the dust settles...In the bigger picture, the RBA decision is at 0330 GMT...If they were to make a hawkish shift, it would come at a terrible time for..
-
Intraday Market Thought: How High for the Yen?
by Ashraf Laidi | Feb 14, 2018 15:58
In order to determine what part of the decline in USDJPY was driven by yen....Full Analysis on how far it can go.
-
Intraday Market Thought: Cohn out, USD Tumbles, Futures Shaken
by Adam Button | Mar 6, 2018 23:32
Equity index futures are down sharply (S&P minis -33 pts or -1...2%) after the announced resignation of White House top economic advisor Gary....Cohn's sharp disagreement with Trump's trade war approach is widely....A new Premium trade has been issued earlier today...There are 10 Premium trades in progress; 8 in the green, 1 flat and 1 at a loss...The twists and turns of tariff talk gave the loonie some relief on Tuesday...Trump tied them to a new NAFTA deal and, at the same time, Congress and....USD/CAD touched just above 1...3000 before sinking down to 1...2875...The drop erases Monday's gain and leave some uncertainty about a break....That's likely to be resolved with the Bank of Canada rate decision on....The OIS market is pricing in a 13% chance of a hike but even that number is....The latest round of economic data in Canada sharply deteriorated and that'....The previous BOC statement included the line "recent data have been strong&....Guidance, however, is likely to remain largely intact so the risks to the....That said, the BOC certainly has a flair for the dramatic and officials will....The bigger current question for the loonie is about the uncertainty between....It's unclear if the White House will give Mexico and Canada a waiver while....If not, that would provoke a kneejerk lower in CAD and MXN...One indicator that can't be overlooked on Wednesday is trade data....We've written recently about the rising US trade deficit and....The US trade deficit is expected at $55 billion per month in January.
-
Intraday Market Thought: Video ECB Review, NFP Preview
by Ashraf Laidi | Mar 8, 2018 19:13
What to make of EURUSD's moves and what to watch out for in Friday's US....My full video for GKFX.
-
Intraday Market Thought: Trade Time-bomb: The 4 Key Events
by Ashraf Laidi | Mar 16, 2018 18:24
The Fed is next week...But here's a look at 4 key upcoming events concerning Trump's imposition....Full analysis.
-
Intraday Market Thought: Finding the Bank of Canada Bias
by Adam Button | Apr 18, 2018 10:17
Today's Bank of Canada decision on interest rates (10:00 Eastern, 15:00....The loonie was the top performer Tuesday in anticipation of a hawkish move while....The latest video for Premium subscribers below highlights this week's trade....The loonie has been the hottest currency this month as NAFTA negotiations....The latest Canadian inflation and jobs numbers were good but other data has....In addition, the BOC is inclined to play it safe on NAFTA until the smoke clears...That leaves the market pricing in about an 18% chance of a hike, which is....In his most-recent comments a month ago, Poloz said the BOC was obliged to....That indicates he wants to wait and see before making any decisions...Yet, the timetable may have been moved up by last week's BOC business....It showed far more firms expecting price hikes in the year ahead along with a....Assuming rates are left unchanged, the first thing to look for is the central....This will shape up market's pricing for the June meeting...That's when the market is evenly split in the hike/no hike camps...So the BOC is left with the decision to wait and see if its upbeat predictions....Sound familiar? That's the predicament that virtually every major....At the moment, most are in the 'hike now' camp but economic data this..
-
Intraday Market Thought: Carney Cuts Cable
by Ashraf Laidi | Apr 20, 2018 14:18
The British pound sustains its biggest weekly decline in over four months after....Is the BoE the latest central bank to panic over the rapid appreciation in its..
