Huge bank order triggered spike in USD/JPY-traders
* Many options structures at the 75 yen level * Nikkei reports Japan preparing to intervene (Adds details, quote, byline)
By Gertrude Chavez-Dreyfuss NEW YORK, Aug 1 (Reuters) - The foreign exchange market was on high alert on Monday for...
NEW YORK (Xetra: A0DKRK - news) (Reuters) - The Japanese government is preparing to intervene in currency markets to weaken the yen as it nears a record high against the dollar, Japan (NYSE: MCO - news) 's Nikkei (Osaka: ^N225 - news) newspaper said on Monday.
The report also said the Bank of...
Personally, I think, growth will pick up in the second half of 2011. The most dangerous part in the last 6 months and in the coming months is not austerity measures and fiscal contraction being implemented. No, the greatest danger is PSYCHOLOGY. I can´t hear anymore the word "sovereign debt"...
Actually, I am short Treasuries and T Notes for the first time in several month. If this bill is finally passed tonight, it will be the beginning of raising interest rates - at least I hope so.
And coming with it: a stronger USD...:cool:
Rates for borrowing and lending Treasuries in the repurchase-agreement market rose to a two-year high as Republicans and Democrats try to push through a deal to lift the nationâs debt limit and avoid a default.
The average level of overnight Treasury general collateral repo rates traded...
Retail traders being massacred, of course:
USDJPY - The ratio of long to short positions in the USDJPY stands at 7.99 as nearly 89% of traders are long. Yesterday, the ratio was at 6.92 as 87% of open positions were long. In detail, long positions are 3.1% higher than yesterday and...
WASHINGTON (MarketWatch) -- The House Republican leadership Thursday night cancelled plans to vote on the plan by Speaker John Boehner to increase the debt ceiling and cut the deficit by an estimated $915 billion over 10 years. It's unclear whether Boehner will try to schedule a vote again on...
Corporate treasurers are preparing for a downgrade of and potential default on U.S. Treasuries by shortening the average maturity of their holdings and moving more money into insured bank accounts and money-market mutual funds.
While companies arenât selling Treasuries, they are reinvesting...
As long as they finally cut their exchange fee in a meaningful way, I give a sh1t about their "tax situation". They are "stealing" anyway any serious trader more money through their absolutely inflexible fee system that I throw up every time I see our monthly transaction cost analysis.
Over...
Uncle Ben has already been harshly criticized to be too calm in the ongoing dispute in Washington DC. Especially, since its the goal of the US of A to devalue the USD. Why not print new money?
Bankers including Goldman Sachs Group Inc. (GS) Chairman and Chief Executive Officer Lloyd Blankfein and JPMorgan Chase & Co. (JPM) chief Jamie Dimon called on President Barack Obama and Congress to raise the federal debt limit to steer the U.S. government away from the threat of default...
I don´t worry. Dynamic hedge in place. I am a dip buyer. 72% of professionals see DAX lower at the end of the year. As usual, they will be proven wrong.
And after we have passed the debt ceiling issue in the US and hopefully no further demonization of the so called "European debt crisis" by...
July 27 (Bloomberg) -- The dollar slumped to record lows against the Swiss franc and the Australian and New Zealand dollars as President Barack Obama and lawmakers argued over plans to raise the U.S. debt limit and prevent a default.
The yen reached the strongest level in four months versus...
In a note out Wednesday Nomuraâs FX team reckon weâre already starting to see small signs of the US dollar ending its inverse correlation with signs of risk-on sentiment. Firstly, with the S&P:
Correlations take time to flip, as they are backward looking by construction. But over the...
From an European point of view, I don´t get it how US politicians are "playing" with such sensitive issues like raising the US debt ceiling. Is this some sort of sado-masochism between Dems and Reps going on or is total detachment from reality???
:confused: :eek: :confused:
This will be announced after Goldman Sachs, JP Morgan, Morgan Stanley and related / brfriended hedge funds are full to the hilt with short positions in every single stock, bond, futures positions.
That´s rather logic, or? :cool: