View Latest

View Archive

Quick Thoughts on ECB Press Conference

Posted on September 13th, 2018

EUR has risen more significantly than other major currencies following the ECB press conference. The market may have been looking for more cautious comments from Draghi emphasising the risks to growth in the region. The statement did acknowledge a small downward revision to growth this next year and next, by 0.1ppt, and did say that: […]

Short NZD/CAD (From 10-Sep to 12-Sep)

Posted on September 12th, 2018

Real-Time AmpGFX – bought to close NZD/CAD position (Wed 9/12/2018 9:25 AM MT) Bought one unit of NZD/CAD at 0.8523 to close short position We were stopped out of a short NZD/USD position on a move up through 0.6553 News reports that the US has proposed new trade talks with China have triggered a recovery […]

Short NZD/USD (From 29-Aug to 12-Sep)

Posted on September 12th, 2018

  Real-Time AmpGFX – bought to close NZD/CAD position (Wed 9/12/2018 9:25 AM MT) Bought one unit of NZD/CAD at 0.8523 to close short position We were stopped out of a short NZD/USD position on a move up through 0.6553 News reports that the US has proposed new trade talks with China have triggered a […]

Short GBP/USD (From 3-Sep to 11-Sep)

Posted on September 11th, 2018

We were stopped out of our short GBP/USD position yesterday on the rise through our stop loss at 1.3058; executed at 1.3059 on 11-Sep   Real-Time AmpGFX – sold GBP/USD ( Sun 9/2/2018 5:29 PM MT) Sold half unit GBP/USD at 1.2918 Comment News reports suggest that risk is building for a challenge for leadership of […]

Strategy Thoughts – US inflation risk, Tariffs, AUD/NZD cheap, Brexit

Posted on September 7th, 2018

Higher US inflation risk We sold additional NZD/USD today after the USA payrolls report.  Our thoughts are that wage growth may be picking up, and this will raise the pressure on the Fed to continue to raise rates. US yields have risen today; 2yr swap rates up 7bp to 2.89%, revisiting the year’s high, widening […]

Short AUD/USD (From 29-Aug to 5-Sep)

Posted on September 5th, 2018

Real-Time AmpGFX – Bought AUD to close remaining short, lowered NZD/USD stop loss close to mkt (Wed 9/5/2018 3:06 PM MT) Bought half unit of AUD/USD at 0.7195 to close remaining short position Lowered NZD/USD stop loss close to market Comment The Australian GDP report was much stronger than expected on Wednesday.  It appears that […]

Short USD/CAD (From 27-Aug to 30-Aug) Thoughts on NAFTA

Posted on August 30th, 2018

Real-Time AmpGFX – Contagion risk from EM chaos, closed CAD position (Thu 8/30/2018 10:11 AM) CAD position closed We were stopped out of our short USD/CAD position (in a modest profit) on the move above our stop loss at 1.2988. It rose on the softer than expected Canada GDP report (although the report was still […]

Short EUR/JPY (from 21-Aug to 23-Aug)

Posted on August 23rd, 2018

stopped out on 23-Aug Real-Time AmpGFX – sold EUR/JPY (to re-establish short) (Tue 8/21/2018 2:21 PM MT) Sold half unit EUR/JPY at 127.75 to re-establish a short position Comment We were stopped out of our short EUR/JPY position earlier today (s/l level 127.53, executed at 127.56), but have decided to re-establish this position. Our sense […]

Short USD/JPY (from 20-Aug to 23-Aug)

Posted on August 23rd, 2018

Stopped out on 23-Aug Real-Time AmpGFX – sold USD/JPY (Mon 8/20/2018 2:17 PM MT) Sold half unit USD/JPY at 110.17 Comment We see the potential for EM Asia to remain more stable or firm as the market awaits the new China-US trade talks and China acts to stabilise its asset markets On the other hand, […]

assessment on recent events, China and Australian data (16-Aug)

Posted on August 16th, 2018

August 16th, 2018  See attached a pdf version of this note