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By Marc Nemenoff |
February 21, 2013
The bonds once again became a safety net in what the industry now likes to call a “risk-off” trade as the dollar strengthened and metals and equities crashed in the face of hedge fund liquidation and margin call selling.
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By Anthony Lazzara |
February 19, 2013
We have our first upside target in the E-mini S&P 500 at 1530, and the market traded all the way up to 1525 this morning, before a slight retracement.
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By Justin Pugsley |
February 19, 2013
Currency wars are alive and well and despite G-20 agreements not to engage in competitive devaluations, there is in fact little appetite among the perpetrators to call it a day.
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By Justin Pugsley |
January 30, 2013
What's to love about the GBP? Not much. The U.K. has an economy that can't recover for any length of time, credit rating downgrades are almost a dead certainty and worst of all there's a risk of a vicious downward spiral if investors lose confidence.
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By Anthony Lazzara |
January 28, 2013
The pound has been suffering to selling mainly because of incoming BOE head Carney indicating that the Central Bank has more room left for policy accommodation designed to spark growth.
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By Emma Charlton, Bloomberg |
January 10, 2013
The euro rose to the strongest since July 2011 against the yen after European Central Bank President Mario Draghi said the economy should gradually recover and the decision to refrain from cutting interest rates was unanimous.
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By Lucy Meakin, Bloomberg |
January 9, 2013
The pound dropped below $1.60 for the first time in five weeks on speculation Bank of England officials meeting this week will signal they may introduce additional stimulus as the economy struggles to recover.
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By Marc Nemenoff |
January 9, 2013
The long-term trend in bonds has turned down and I will be looking to sell sharp rallies above the 146’20 level if the market allows.
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By Anthony Lazzara |
October 9, 2012
We see a potential double-top formation at the high area of 1.6250. Sellers came in very strong after the Pound reached that price in April 2012.
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By David Goodman, Bloomberg |
October 4, 2012
The pound strengthened against the dollar, rising the most in almost two weeks, as the Bank of England kept its asset-purchase target at 375 billion pounds ($605 billion) at a meeting today.