I will probably join you later when circumstances change. At current moment, only the March rate hike is priced into the currency market (the bond market is still largely sitting on the sideline supposedly awaiting today's NFP result). Even ...

3 Numbers: High hopes for robust US nonfarm jobs report

I don't know. Assuming you are right for today, what about a few hours later after NFP is released? A few hours later would be _tomorrow_ and not today. What I am trying to say is your viewpoint is only useful for day trader whose concern is only ...

3 Numbers: High hopes for robust US nonfarm jobs report

I just don't have a good feel of this so-called job growth in the US. Look at the NFP chart. There is a huge dip around 2009. Thereafter, from 2011 onwards, NFP has been maintaining a good positive figure consistently till today. The consistency of ...

Unemployment Insurance Weekly Claims Report

Can't tell. We can only know when the effects take hold months or years down the road. Only then will it be more factual to pass judgement. Based on just headline, I thought that is a wise move to raise the bar on passing new regulation so that he ...

Trump to sign executive order requiring that for every new regulation, two regulations have to...

No offence, if he is so good, he probably would have no need to slog at a job at the university but instead sitting at some resort luxury private mansion by the beach now entering his short order on EUR _QUIETLY_. Btw, if it is 100% money making, ...

Euro could 'collapse' in next 18 months, warns the man tipped as Trump's EU ambassador pick

Politics. She do a 180 degree turn when Trump is elected. From data dependent to now projection. From cautiously optimistic to now optimistic. The risks that she caution against is now totally absent, miraculously. She held back on raising rate for ...

Fed Chair Yellen Optimistic About Labor Market, Wages and Inflation

The job gain over the last 36 months is better than the 36 months period just before 2009 crisis. However, unemployment rate over the last 36 months is above 5% compared to below 5% during the 36 months period pre-2009. With the wall street indices ...

Sturdy U.S. jobs report seen, could keep June rate hike on table

The strong USD charade will end. It is a matter of timing. We can have use of FED's terminology here - patience. Exuberance in one-sided price move is always prelude to every bubble burst, there are no exceptions.

3 of the world's most powerful money managers are saying some scary things about the world

Rate hike? Higher interest rate? Strong dollar? Think again video .

Dollar refreshed recent high as Euro tumbled

There are 2 bubbles that FED has to juggle - USD strength and equity market strength. Both have bubbled to a point where FED has to take action soon, I believe. When some FED members like James went about their crusade to spook the market of the ...

Evans: Low Inflation Calls for Patience in Normalizing Monetary Policy

Marketing create demand so that company can sell their products. These big boys have to create volatility so that they can sell their options at a premium. Its business.

EUR below 1.1098, lowest since Sept 2003

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EUR below 1.1098, lowest since Sept 2003

Stay off JPY and CHF pairs. All your profits over years trading in these pairs can be wiped out in 5 min.

The forex markets are moving

"Consumer spending rose in most Districts, and contacts were generally optimistic about near-term sales." but retail sales and personal spending figures seem to speak otherwise. So, who is lying?

Beige Book - March 04, 2015

Sounds valid. Given that the big-bang QE is already in the work, what else negative things that we can be surprised by tomorrow's ECB meeting? Another big-bang QE after the last one announced. Very very very unlikely, unless Draghi wants to lose his ...

EUR below 1.1098, lowest since Sept 2003

1.2001 or 1.1999 are possible candidates for the new peg rate. They are different from 1.2000 and should satisfy the criteria of 'new' minimum exchange rate.

Swiss finance minister wants new EUR/CHF floor

Under the QE framework, individual government can purchase government-issued securities, including and most probably their own government-issued securities. What the statement is saying is that those countries that are on financial assistance ...

Draghi: Letter to the European Parliament

Sentiment measuring index are BS. Retail sales data printed downward, it went down. When the media start their US economy recovery spin again, it will go up. An index that measures herd mentality is just rubbish useless index as it can be ...

Consumer Sentiment in U.S. Fell in February From 11-Year High