When autocomplete results are available use up and down arrows to review and enter to select. Touch device users, explore by touch or with swipe gestures.

OmiCronFX daily commentary on Foreign Exchange trading

Collection by Seamus McKenna

204 
Pins
 • 
6 
Followers
Seamus McKenna
The RBA has ruffled some feathers with its report on whether it's cheaper to rent or buy property Steven S, Optimism, Euro, Finance, Greek, Buy Property, Foreign Exchange, February 2015, Feathers

Euro Greek optimism finely balanced | as others see the Euro: Mr. Glenn Stevens’s take

This commentary is from the archive, as your commentator is on holiday. It was first published in February 2015 After yesterday’s meeting of the Eurozone Finance Ministers and others to deal with the Greek issue, things seem to be pretty much as they were. This should not come as any great surprise, as the preferred way to deal with matters such as this by the EU authorities is to buy time. They are reported to be ready to try again on Monday. No doubt there will be many back-stage efforts…

GA Telesis is a leader in commercial aviation offering aircraft leasing, aircraft overhaul & MRO repair, aircraft replacement parts and AOG support. Aviation News, Aviation Industry, Civil Aviation, New Aircraft, Aircraft Sales, Airbus A320, New Month, Commercial Aircraft, Military

Holiday week saw good U.S. economic results | Heat builds for rate rise in new month

In a holiday shortened week last week due to Thanksgiving in the U.S., a number of reports came in with better than expected results, even if their timing was skewed from the normal release days as a result of the holiday (we have come to expect certain potential Forex market movers, such as the Reuters / Univ of Michigan Consumer Sentiment index which normally comes on a Friday but was on Wednesday last week) to appear on their appointed days. Durable Goods, purchases that are expected to…

UNITED STATES (VOP TODAY NEWS) The Permanent Portfolio Family of Funds’ Michael Cuggino on the potential impact of the Federal Reserve raising interest rates on the economy and markets. — Videos are provided by Fox News channel. Ron Paul, Federal Reserve System, Donald Trump, Monetary Policy, Central Bank, Interest Rates, Real Estate News, Mortgage Rates, Mortgage Humor

U. S. Federal Reserve false alarm on closed meeting | U.S. GDP today

The U.S. Federal Reserve held an unscheduled, closed meeting in Washington yesterday. This caused a frisson of excitement among some market participants, who are extremely sensitive to anything at all that comes out of the U.S. central bank, or the mouths of its board and other members. In the event, the meeting seems to have been about U.S. bank deposit rates, which dictate interest payment on the monies that banks leave on deposit with the Fed on an overnight rate basis. Nothing came from…

Merry Christmas 'N Happy New Year! Send this ecard to Multiple Recipients. Merry Christmas 'N Happy New Year. Free Christmas Ecards, Christmas Card Messages, Merry Christmas Images, Beautiful Christmas Cards, Merry Christmas Greetings, Christmas Card Template, Merry Christmas And Happy New Year, Christmas Quotes, Christmas Greeting Cards

Merry Christmas and a Happy New Year | The commentary will be on holidays from today

OmiCronFX and Seamus wish all readers, wherever they may be, a very Happy Christmas and a Prosperous New Year in 2016 We will be on holiday from today, and look forward to being back in the New Year.

The first interest rate rise in nearly a decade took place in the US yesterday, after being really well-signalled in advance. Now the foc. Crude Oil, Foreign Exchange, Raising, Chart, Key, Watch, Clock, Unique Key, Bracelet Watch

No surprise: US Fed raises rates | Will inflation take over from jobs as the key indicator to watch?

The first interest rate rise in nearly a decade took place in the US yesterday, after being really well-signalled in advance. Now the focus of market participants and commentators must turn to the expected size and frequency of rate rises each time the Federal Open Market Committee (FOMC) meets through 2016 and beyond. Many commentators expect that there will be a new rate rise after every second meeting of the committee, making for a total of four rises expected during next year. Experience…

Yesterday saw a dramatic fall in value of the Euro against the U. dollar, as traders positioned themselves in anticipation of the Feder. Foreign Exchange, Euro, News

Single currency plunges ahead of FOMC | U.S. core inflation news will comfort the Fed

Yesterday saw a dramatic fall in value of the Euro against the U.S. dollar, as traders positioned themselves in anticipation of the Federal Open Market Committee (FOMC) interest rate decision later in the global day today. A rise of 25 basis points is widely expected by all markets and commentators, so the U.S. dollar was being bought across the board during the North American session yesterday. In truth, the Single Currency had got more than a little bit ahead of itself, on the back of the…

Federal Reserve and Janet Yellen: Economy Didn't Grow in Quarter - Fortune Janet Yellen, Interest Rates, All About Eyes, Wall Street, Stock Market, Thinking Of You, Finance, Investing, Bring It On

All eyes are on the U.S. Fed this week | The argument for a continuously strengthening dollar

The Forex and other markets have been well-prepared for the initiation of a new interest rate cycle of rises in the U.S. The first of these is widely expected to be announced at the end of the December Federal Open Market Committee meeting, which concludes on this coming Wednesday, the 18th. This rise will crystallise the divergence between U.S. monetary policy and that of the next most important global currency bloc, the Eurozone. This divergence began with the so-called tapering of U.S…

Euro-dollar continues to defy gravity – where to from here? Bank Of England, Euro, Foreign Exchange, Day

Euro-dollar continues to defy gravity – where to from here? | Bank of England day today

The Single Currency against the US dollar (EURUSD) had another big rising day yesterday. This is against the backdrop of nearly all commentators’ views that the medium-to-long term tendency in this pair is to the downside. Many market participants were ready for a continuation of the upward surge that had been started by the actions of the ECB last week, when it announced much smaller than expected measures to extend Quantitative Easing (QE), but were nevertheless surprised when the pair…

The New Zealand dollar against the U. dollar (NZDUSD), otherwise known as the Kiwi, is hovering above a key technical indicator, the New Zealand Dollar, Foreign Exchange, Interest Rates, Kiwi, Blood

Kiwi hovers while awaiting interest rate decision | Short-sellers smell US shale oil producer blood

The New Zealand dollar against the U.S. dollar (NZDUSD), otherwise known as the Kiwi, is hovering above a key technical indicator, the 200 period exponential moving average (EMA) on the four hour chart (see above). This is as the market awaits the latest monetary policy report and interest rate decision from the Reserve Bank of New Zealand (RBNZ) later in the global day, or early morning tomorrow in GMT terms. In the financial stability report issued on November 11th, the governor of the…

In a further blow to the inflation-growing aspirations of central banks around the globe, the price of commodities continues to fall prec. Central Bank, Foreign Exchange, Banks, Places, Couches, Lugares

Commodities crash places further pressure on central banks | Eurozone GDP today

In a further blow to the inflation-growing aspirations of central banks around the globe, the price of commodities continues to fall precipitately. Oil, in particular, had another very bad day yesterday on the back of news out of the Middle East that OPEC members had failed to agree on production cuts that might tend to place a floor under the price. Saudi Arabia seems to be determined in its drive to place as much pressure as possible on shale producers in the U.S, by using its economic…

For all that there was a surge in the EURUSD on the eventual turnout of the ECB monetary policy statement and press conference last week,. Monetary Policy, Foreign Exchange, Be Still, Euro, Brick, Bricks

Euro-dollar bias is still down | U.S. Non-Farm Payrolls put the last brick in place for rate rises

For all that there was a surge in the EURUSD on the eventual turnout of the ECB monetary policy statement and press conference last week, when the president, Mario Draghi “failed to produce the big bazooka” that the market had promised itself, and given that a large part of said market was seriously wrong-footed and was forced to buy the Single Currency at almost any price in order to close out massive short positions, the tendency for this pair is still to the downside. The gap down at the…

The Euro-dollar gained more than four “big figures” yesterday, in a dramatic and severe reversal for all those who were betting on contin. Monetary Policy, Foreign Exchange, Gain, Announcement, Euro, Drama, Strong, Dramas, Drama Theater

Strong gains in Euro after high drama on ECB monetary policy day | FT tweet farce, and Draghi fails to deliver

The Euro-dollar gained more than four “big figures” yesterday, in a dramatic and severe reversal for all those who were betting on continued weakness in the Single Currency, after a farcical leak by none other than the Financial Times newspaper was followed by an ECB monetary policy statement that failed to meet expectations on almost all fronts. Firstly, the leak: The FT chose to tweet, about ten minutes before the ECB interest rate announcement was due, that there would be no reduction at…

Yesterday was indeed a topsy-turvy day for the Single Currency (Euro against the U. dollar), or the EURUSD currency pair. Job 1, Foreign Exchange, Stay Safe, Euro, Games, Gaming, Plays, Game, Toys

Fun and games in the Euro-dollar yesterday | Mandelbrot stays safe

Yesterday was indeed a topsy-turvy day for the Single Currency (Euro against the U.S. dollar), or the EURUSD currency pair. This instrument has suffered significant falls in the past few weeks on the back of strong (and growing) divergence between the monetary policies of the Eurozone and the U. S. The number of Forex bets that it will continue to go lower is large, and this has created a situation where market participants are on edge, on the fear of a sudden reversal, for whatever reason…

Three heavy days of economic events Economic Events, The Next Three Days, Make My Day, Green Business, Foreign Exchange, Big, Cards, Times, Maps

Three heavy days of economic events | ECB is the wild card in these interesting times

Starting today, the next three days will see a flurry of economic activity on both sides of the Atlantic that is almost certain to impact all major currencies in the weeks following. The big ones are the appearance of Janet Yellen, Chair of the Federal Reserve, before the joint economic committee of the U. S. Senate tomorrow (Dec 3rd), the ECB monetary policy statement and press conference, also tomorrow, and the U. S. Non-Farm Payrolls report on Friday. These will be intermingled and…

On Wednesday last, 25 th November, an article appeared on the Reuters web site to the effect that certain un-named European Central Bank. Foreign Exchange, Life Pictures, Business News, Marketing

Reuters moves the market | Mandelbrot catches the trade

On Wednesday last, 25th November, an article appeared on the Reuters web site to the effect that certain un-named European Central Bank officials had leaked the information that the governing council was considering innovative ways of accelerating its Quantitative Easing measures, for example by adding to the classes of bonds it can buy to implement the measure, and/or by lowering the bank deposit rate further into negative territory, with a banded structure that would mean even lower…

Gold bugs get battered Gold Futures, Foreign Exchange, Bugs, Marketing, Beetles, Insects

Gold bugs get battered | U.S. GDP revised upward – market reaction indicates rate rise is priced in

Gold is reaching for an important long term support line at the level of US$1044.00 per Troy Oz. This support was established way back at the very start of 2010. It resides just above the psychologically important price of $1000.00. The fall in the price of gold has been constant since it became apparent that U.S. Federal Reserve easing measures were over and that this heralded the onset of rate rises, on the cusp of which we now seem to be. Those hedge funds that invested in gold at the…