Posts Tagged ‘Appetite’
…dare I say potentially short-lived risk appetite??
Today, after what is looking like a very bullish open and a bad day for the dollar, I wanted to reexamine the uptrend in crude oil and if the aussie and loonie would follow that strength or if today’s price action was going to be more about the dollar’s [...]
Quote of the day: “Knowing is not enough; we must apply. Willing is not enough; we must do.” – Johann Wolfgang von Goethe
EURUSD
Trading strategy: looking to buy at 1.3380, stop at 1.3320 (0.5% risk), 1st objective at 1.3430, 2nd objective at 1.3600
The euro recovered against the dollar after testing bids into the 1.3250 support region, [...]
FX Trading – Risk appetite has shifted dramatically from yesterday to today…
The Ireland news and related concerns are calming a bit, even though there is still plenty of attention on China after they bumped up reserve ratio requirements again today. Take a look at the VIX action yesterday (latest price bar); seems the market was [...]
Atlanta Fed president Lockhart says there is absolutely no appetite at the Fed to monetize the debt. Monetizing debt is when a nation’s central bank buys the debt issued by the country’s Treasury.
Some while argue that the Fed has partially monetized via QE, but in reality its portfolio its Treasury holdings are not that much [...]
This morning global stock markets are higher, rebounding from 7-week lows. This has encouraged a bit of risk taking, but the question remains: how long will it last?
US weekly initial jobless claims came in at 473K, besting analyst expectations of 485K and better than last week’s reading of 504K. While one week does not make [...]
The US reported growth figures today that while positive, have missed expectations. US GDP came in at 3% vs. and expectation of 3.4%. In addition, initial jobless claims were reported at 460K, largely in line with expectations.
This morning has started out in full risk-taking mode, as no additional negative news has come out of the [...]
Key News
SYDNEY, March 31 (Reuters) – Australian retail sales suffered their biggest fall in a year in February as higher interest rates ate into consumers’ spending power, a surprisingly weak result that cast doubts on chances of an interest rate hike next week.
BEIJING, March 31 (Reuters) – Emerging markets face the risk of asset bubbles [...]
