Opinion – Friday 18 March 2016

The past 24 hours has seen the US Dollar pretty much fall against all currencies. A more dovish than expected Fed has triggered a drastic US Dollar repricing with the Fed broad US Dollar Index loosing over 1% yesterday for its biggest one day drop in almost 4 years,...

Opinion – Thursday 17 March 2016

As expected by most, US Fed Officials left the Fed Funds Rate unchanged at 0.25% – 0.50% and lowered their projections of Future Rate hikes with Esther George who is the Kansas Fed President the only dissenter. The median of policy maker’s projections now...

Opinion – Wednesday 16 March 2016

Monday’s and late last week’s warm and fuzzy feeling toward risk markets that began with the ECB’s latest efforts to shield the financial sector from more policy induced pain has not survived Tuesday following a downbeat Bank of Japan as I was...

Opinion – Tuesday 15 March 2016

After last week’s ECB and RBNZ Monetary Policy announcements, Central Banks are again in the spotlight this week as earlier this morning the Bank of Japan left rates unchanged as we wait for the Fed tomorrow evening and the Bank of England on Thursday. In...

Opinion – Monday 14 March 2016

Last Friday, small losses for both the Euro and the Yen pushed the narrow DXY Dollar Index up by 0.11% to 96.17 but still down 1.2% on the week, while the Broader BBDXY Index rose 0.23% to also close down over 1% on the week following the huge moves in all asset...

Opinion – Friday 11 March 2016

The centrepiece of yesterday’s attention was always going to be the ECB Policy Meeting. After the thunderclap warnings and expectations into the December meeting and then disappointed expectations, was yesterday’s meeting going to be a repeat of the real...