Archive for the ‘Forex Strategies’ Category

Labour day is unofficially the end of the summer in the US financial markets, so, although the UK and Europe are returning to work (the rest of the world never stops working we know), in this vacuous state of current market theme it may be a case of “No, you go first.. No [...]

Thursday, September 2nd, 2010 at 16:49 | 0 comments
Categories: Forex Strategies

Here endeth the Summer. We hope you have enjoyed your break in the market’s road side service station, because it’s time to climb back on board before heading back out onto the highway. Remember, tiredness kills. Unfortunately too many Macro punters, instead of sitting back and sipping overpriced “beverage-like products” surrounded by screaming kids have [...]

Wednesday, September 1st, 2010 at 16:46 | 0 comments
Categories: Forex Strategies

Sorry for the lack of posts, but, hopefully, frequency will increase as TMM pack away their beach towels and knotted hankies for another year. But for now we would just like to say that if the rest of peripheral Europe are taking the crisis anywhere near as seriously as Greece is, then [...]

Tuesday, August 31st, 2010 at 16:42 | 0 comments
Categories: Forex Strategies

For those of you that have been following international politics lately, Australia has managed to follow the UK’s lead in getting itself into the one big mess possible in a Westminster system: a hung parliament. There are 150 seats in the House of Representatives in what the locals commonly refer to as “God’s Country” and [...]

Tuesday, August 24th, 2010 at 16:52 | 0 comments
Categories: Forex Strategies

Team Macro Man is sure they are not alone in struggling for inspiration in these summer markets, so it seems like a perfect time for another batch of questions.

Will the 10yr Treasury yield breach 2% this year?
When will the Japanese intervene?
Will the US finally get tough with China in the run up to the mid-terms?
When [...]

Thursday, August 19th, 2010 at 16:47 | 0 comments
Categories: Forex Strategies

It is now two months since Team Macro Man’s arch nemesis, Voldemort, announced that it would increase the “flexibility” of the Yuan, a move many interpreted to mean the resumption of the gradual pre-Olympics pace of appreciation. But no, to TMM’s and they are sure, many other punters’ dismay, that is in fact *not* what [...]

Wednesday, August 18th, 2010 at 16:46 | 0 comments
Categories: Forex Strategies

As regular readers will know, Team Macro Man detest currency piss-taking, especially from the likes of Voldemort and the dark side of the force, but on certain occasions, agree it is useful as a policy tool, but only when the conditions are right. The $200bn Swiss hedge fund run by ex-Moore trader Philipp Hildebrand screwed [...]

Tuesday, August 17th, 2010 at 16:43 | 0 comments
Categories: Forex Strategies
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The biggest loser from recent US monetary policy has been the Nikkei, which has seen a 6.2% top to bottom move since the FOMC announcement through the US/JP rate spreads driving USD/JPY and hence, the Nikkei. This, of course, is being exacerbated by the Yen being the new default counter currency as we are [...]

Thursday, August 12th, 2010 at 16:55 | 0 comments
Categories: Forex Strategies

We started by beating up on USD 18 months ago, as we thought QE and the US printing press would devalue the dollar and raced into Euro as they were obviously less willing to print. Then this year has seen the Euromare surface and we started selling Euros and piling into USD because at least [...]

Tuesday, August 10th, 2010 at 16:43 | 0 comments
Categories: Forex Strategies
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Despite you probably thinking that is, or should be, a comment on our recent thoughts on the market, it is not. We remain steadfast, though Mr. Market appears to be totally focused on (and is pricing accordingly for) this happening -

Instead we are referring to the timeless English classic radio series “I’m [...]

Monday, August 9th, 2010 at 16:43 | 0 comments
Categories: Forex Strategies