Posts Tagged ‘Hold’
Going on hold would give FOMC time to reassess
May keep rates near zero while on hold
Hold may keep “extended period” phrase intact
Confident US can weather oil shock without slowdown
Financial conditions have eased considerably
On hold near zero ain’t the greatest thing every to happen to the dollar…beats more QE though…

The volatility of the last couple weeks has manifested itself in some unbelievable outcomes. In this post, I want to focus specifically on the Australian Dollar. When the Japanese disasters struck, the Aussie immediately tanked, as investors jettisoned risk and moved towards safe haven currencies. Only days later, it inexplicably rose 5%, en route to [...]

With the rate decision looming for the RBNZ on Wednesday, there’s an expectation that the Official Cash Rate in New Zealand will drop from 3.00% to 2.75%. The sell-off in the kiwi is reflecting that assumption and the pair has made a double bottom along 0.7345 and today’s 0.7339 session low.
The daily NZD/USD with my [...]

NEW YORK (CNNMoney.com) — Millions of jobless Americans are no doubt cheering the tax cut deal that President Obama signed into law Friday.
The legislation provides for 13 more months to apply for extended jobless benefits, but not everyone who’s unemployed will be eligible for these extended benefits.
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In fact, residents in at least five [...]

By Chris Vermeulen, www.TheGoldAndOilGuy.com
This had been an exiting week for traders as the equities market was on a verge of a major sell off. Fortunately, we were watching the market very closely and saw the sentiment and market internals shift shortly after a new low was set last week. That was an [...]
The Journal ups the ante, saying the anticipated emergency BOJ meeting may take places as early as tomorrow.
Some of the policy steps the BOJ could take would be to increase the amount of funds the BOJ makes available to the banks at a fixed 0.1% for three months. (The market expects at least a [...]

By Fast Brokers – The USD/JPY is continuing its consolidation around its highly psychological 90 level as investors digest headwinds from all different directions. Investors headed towards safe havens yesterday after rumors spread that China is reconsidering its exposure to EU assets. However, the risk trade has made a comeback today after Chinese government officials [...]
