Tag Archive: Chairwoman Yellen

Yen Shorts in Panic Mode

April 10, 2016

“We are not so very different, you and I. We’ve both spent our lives looking for the weaknesses in one another” George Smiley (Gary Oldman), Tinker Tailor Soldier Spy (2011) When it comes to the foreign exchange market, USDJPY has been one of the main subjects lately – shorts are... View Article

FED Meeting on the Horizon

March 12, 2016

“So mortgage bonds are dog shit. CDO’s are dog shit wrapped in cat shit” Mark Baum (Steve Carell), The Big Short 2015 Mr. Mario Draghi has left the stage, leaving us wondering whether the new measures introduced represent the last desperate attempt to save the Euro zone from the deflation... View Article

4th Quarter is All About the FED

October 7, 2015

The last quarter of 2015 is most likely going to be fairly volatile. We still have the possibility that the FED will act some time before the end of the year, even though lately it seems rather unlikely. Some analysts speculate that there will be QE4 and/or NIRP before anything... View Article

No Change in Federal Funds Rate

September 18, 2015

The long waited FOMC meeting is behind us and the outcome was clearly disappointing for the USD bulls. The US dollar is down across the board and the Federal Funds Rate is exactly at the same level as it was 24 hours ago. In short – no change in the... View Article

U.S. Labor Market Looks Impressive

September 6, 2015

US Non Farm Payrolls, released on Friday, were once again close to 200K and even though, the figure came in below expectations (215K), 173 000 new jobs per month is still a superb result. On top of that, the unemployment rate edged down to 5.1 percent and most importantly, hourly... View Article

Data Dependant FED

August 7, 2015

FED has insisted everytime, since the liftoff talks began, that any kind of rate hike is data dependant but nevertheless, the market has created clear time targets, such as September & December meetings to be the potential beginnings of the new tightening cycle. In itself, those time-targets are perfectly reasonable... View Article