Monthly Archives: June 2014

June 23

Dollar/Yen Breakout Key to Return of Volatility

Dollar Yen has been  locked in a relatively tight trading range for over half a year now. The 7 month long range between 101 and 105, has coincided with a fall in US interest rates and stock market volatility. The market malaise seen over the last two months or so has had USDJPY fall into […]

June 12


Fighters from Al-Qaeda related group known as the Islamic State of Iraq and al-Sham(ISIS) have swept through northern Iraq and Eastern Syria in a brazen and violent power grab.  The US trained Iraqi military is on the run. The WSJ is reporting that government troops are abandoning their posts before the insurgent forces get anywhere near. […]

June 05

Draghi Declares Lower Bound on Rates

Out of all the confusing headlines and policy changes from the ECB today, the most noteworthy quote was Mario Draghi stating that his central bank is now at the lower bound on policy rates. This means that rates will not be cut any further. Additionally, another quote saw the ECB chief say that “the OMT […]

June 02

End of Global Money Printing Cycle is Near

Over the past year and a half, easing from the world’s central banks has spawned a great calm across financial markets. The Swiss National Bank’s policy of a cap in the Franc at 1.20 vs the Euro produced around 200bn in EUR purchases between April 2012 and July 2012.  In late 2012 the Federal Reserve […]