Tag Archives: ECB

Further thoughts on the Aussie – for the hourly trader

Far be it for me to say that the market got it wrong but if not the market then some of the conclusions that were drawn after the unemployment data was released this morning. The good news was that the … Continue reading

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Markets Wrong on Stimulus

Market commentators around the globe are obsessed with the potential for central banks (chiefly the European Central Banks, the Peoples’ Bank of China and the US Federal Reserve) to stimulate their economies by injecting further funds. The problem is that, on … Continue reading

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Posted in Bonds, Forex, Gold, Market, Shares, Stocks, Trading | Tagged , , , , , , , , , , | 3 Comments

EUR: USD – thoughts on the significance of the last 2 days.

Last night’s statement from ECB was a text book central bank “jaw bone”. A statement perfectly pitched and timed for a beneficial market impact without (so far) needing to commit more funds to push Spanish bond yields down. I mean this as … Continue reading

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Tide of buying momentum takes AUD to US$1.04

Guest post by Tim Waterer Another day, another milestone for the AUD as it claimed the 104 handle this morning. Commodity prices look well supported today, whilst traders appear to be very much in a buying mood to start the … Continue reading

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