Any posts relating for forex trading, fx trading, or currency trading
Well here we are – last month of the year and the Fed POMO Schedule for December 2011 is here. It’s been a remarkable year for the Fed with literally trillions of Treasury debt on their books. Today’s release includes (as anticipated) an additional $8 billion in asset sales tacked on from the POMO...
So in an unprecedented move, the Fed canceled its sale of paper scheduled today via POMO operation twist. In and of itself that is a big deal but the even bigger news event has been the opening and use of swap lines between the Fed and Eurozone banks. The POMO sale was scheduled to...
So it was all of 5 days ago a forex day trading signal service I use foresaw a number of forces aligning to predict a strengthening USD and as a result falling stock prices. Here we are all of 5 days later and the DJIA is sitting nearly 600 points lower. I am a...
So is today's stock market rally fading into the European Summit this weekend? It sure looks that way to me. I'm watching the forex markets all day (kind of a habit... like breathing) and seeing a nice robust risk on pattern pretty much all morning - with a sprinkle of CHF risk off mixed...
In case you missed it here is the Fed POMO schedule for October 2011. Operation Twist – as it has been named in the media – has been quietly changing the consistency of the Fed’s balance sheet toward longer dated securities. The size of the overall operation is expected to be about $400billion and this...
This is a short post on the pricing in of QE3 by the market. If you think I’ve been too quiet of late, you probably haven’t been following me on twitter. Twitter is a faster way to get messages and commentary out, so I have been tweeting what I’ve been seeing in stock and...
It had to happen eventually, and the Wall Street market meltdown of 2011 is finally here. How did you celebrate the event? Did you pick up a few shares of a blue chip stock or two or did you stay on the sidelines. Most traders/investors I’m reading stayed out of the way. I still...
Some thoughts on oil prices and the economy. Today we are watching the extension of a market melt down across risky asset items, something we had seen coming in part as a result of the end of the Fed POMO schedule. It honestly took a few more days than I thought it would to...
In typical late day action the daily forex market signals are indicating a turnaround post European exchange closings. The US dollar has weakened in the afternoon and we’re seeing strengthening in the risk on securities as per normal – AUD, CAD, NZD. Trading activity such as this really shouldn’t come as any surprize anymore...
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