Category Archives: Forex Market Daily

A daily view of forex market activities and short term trends relative to a historical perspective.

Wall Street Melt Up in 2012

What would an election cycle be without a good old fashioned engineered stock market melt up to make the incumbents happy? Funny how outrage in August over the debt-ceiling debate standoff can lead to a “don’t rock the boat during … Continue reading

Posted in Economy, Forex Market Daily, Politics, Trading | Tagged , , , , , , | 1 Comment

Fed Intervention Buys Time for ECB

The Fed intervention in global markets this morning appears to be a time-buying mechanism for the ECB. Obviously the very NEED for intervention in the first place ought to be cause for concern amongst global equity strategists. Something very foul … Continue reading

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China Rate Drop Not a Good Sign for Stocks

I am reading headlines about China’s rate drop lifting stocks globally and I for one can’t imagine why. Loosening credit standards in China (while somewhat helpful) is an indication that all is not well in the quasi-communist/capitalist state. When a … Continue reading

Posted in Economy, Forex Market Daily | Tagged , , , | 3 Comments