The week gone by was a wait of time, so to speak. The market was waiting to hear what Fed Chair Powell would say about the…
A while ago, it looked like central banks were irrelevant as far as the forex market was concerned. With monetary policy on hold for the foreseeable…
We’ve had a dramatic week with lots of volatility. That’s one aspect of the summer doldrums: the absence of participants can either lead to a dull…
The week just ending has been dominated by two themes: the dollar going down and gold (and silver) going up. Many people say these two are…
As gold breaks through the $2,000 level and hits a record high, many traders are asking: has gold gone too far? The answer is that of…
Which song do you like better? I like Olivia Newton- John’s version from 1981. There’s also a different song out this year by Dua Lipa with…
We heard similar comments from three central banks this week. If I may quote the relevant parts: Bank of Japan: The Bank will continue with “Quantitative…
OK, I admit, the headline should read “To “V” or to “W”, but how could I resist? So far, it looks like a “V” shaped recovery.…
During my career, I’ve often felt like Sisyphus: the fellow in Greek mythology doomed to roll a boulder up a hill, only to find that inches…
For I have known them all already, known them all: Have known the evenings, mornings, afternoons, I have measured out my life with coffee spoons… The…
