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@hhiusa, would you like me to help you? Lemme do it anyways, just 'cause... GBPUSD FX futures trade, basically, on the basis of the OTC mkt, a snapshot of which you can see here: The way the mkt arrives at these numbers is through a procedure the output of which you may observe below: If...

You're incorrect, senor... You can find the prospectus for the fund that Bill used to manage on this page: https://www.pimco.com/en-us/investments/mutual-funds/total-return-fund/inst I would recommend you read it so as to disabuse yourself of your erroneous notions.

I think he was doing funkier sh1t than that...

I could be reading too much into it... As always w/ZH, I just wish they'd inject a little less emotion and drama and some more facts into their commentary.

I was under the impression that parts of the post were from ZH, rather than quotes from the MINT guy. That was my read of the quotation marks. As to what I disagree with, it's the usual drama inherent in the whole article. According to ZH, if the regulators/governments don't do anything (like...

Why anyone would care about Bill Gross's pronouncements and performance is beyond me... Shirley, sle, you got better things to look at and think about!

Amico, I think you've got the wrong end of the stick here... I am, believe it or not, attempting to help you. It's not the other way round, in case you were confused. If you don't want my help, that is perfectly fine with me. I wish you the best of luck!

You need to be more attentive, amico... I didn't say "look at 3m LIBOR". I said that you would also need 3m LIBOR fixings, alongside the STIRs. I am still mystified by what it is that you want. You have asked about the process by which you can compute the fwds. I have been attempting to...

Right, that's what I thought... Now you think about it for a moment... Would the two most recent 3m LIBOR rates (for simplicity, rates for the 7Jun2017 - 7Sep2017 period) be the right ones to use to obtain the March 2018 FX fwd?

Are you looking for the 7Sep2017 fwd?

Either GE or ED tickers are what you need. For short sterling, it's likely to be FSS or L. Please note that, since these are STIR futures, they represent forward rates. To properly do the IRP calculations, you need spot rates which can be obtained with a little bit of arithmetic (you will...

What numbers do you want specifically? For reasonably short-dated forwards, you can use the STIR futures markets (in your case, Eurodollar and Short Sterling). With some caveats, the two term deposit rates that you can obtain from STIRs can be used in the IRP calculation to obtain the forward...

It's based on the pricing of the forward points, using interest rate parity. There are some unfortunate complications to these basic methods nowadays, but the basis for pricing of FX forwards is always IRP (which in itself is a particular case of a "no-arbitrage" logic) You can perform this...

Good lord, HeroZedge at it again...

Well, as I've mentioned a few times, I view the Swiss situation as a similar one to the Norwegian one. Through an accident of fate, but also due partly to the way they have managed things, both of these countries find themselves in situations where they have something that other people really...

You're correct, there is no way to prove anything conclusively. That said, they studied their 1970s experience and concluded, rightly or wrongly, that they didn't want to go through a similar experience. As to what else they can buy, they already own pretty much all the "safe" foreign bonds...

They've tried it all in the 70s already. That experience demonstrated that an extremely negative rate policy (even when applied selectively and with some care) was not particularly effective in preventing sharp further appreciation of the Swiss franc. There are all sorts of reasons to believe...

Again, let me ask you, at least about the SNB specifically... What do you think the SNB should be doing with its foreign exchange reserves?

In the US, I believe this is the mechanism: https://www.treasury.gov/resource-center/international/Pages/Committee-on-Foreign-Investment-in-US.aspx This seems to be a decent writeup on the subject, more broadly: https://www.cfr.org/backgrounder/foreign-investment-and-us-national-security

There is absolutely truth to it. I am not disputing the stories, I'm just saying that I am familiar with them, is all. Firstly, I am not aware of any CB that is currently able to purchase a stake in a company to a point which would allow them to put people on the board. Secondly, in the...