Yesterday proved to be a bit of a milestone for your author. For the first time since his knee injury a year ago, Macro Man held a golf club in his hand, as he made it down to the driving range to hit a hundred balls. The good news: there was no noticeable change in his swing due to the layoff. The bad news: there was no noticeable change in his swing due to the layoff, as he sprayed an astonishing assortment of slices, scuffs, and duck hooks over the range at a series of increasingly improbable angles. Still, it was good to get back out there, and Macro Man looks forward to returning to the course (after all, someone has gotta keep greenskeepers in a job.) Friday, meanwhile, may have seen another return after…

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Many analysts are pointing to Friday, December 4, as the day that logic returned to the forex markets. On that day, the scheduled release of US non-farm payrolls indicated a drop in the unemployment rate and shocked investors. This was noteworthy in and of itself (because it suggests that the recession is already fading), but also because of the...
GBP/USD is trading in an almost perfect range in the past week. The longer the range – the stronger the explosion, but in which direction? Here are some reasons for it to go down. Last Friday, GBP/USD enjoyed the weak Non-Farm Payrolls in the US to rise to new levels. Since then, it has traded in an almost perfect range – from 1.5080...
As regular readers will know, Team Macro Man fully subscribes to the view that the obvious trade is more often, than not, the right trade. And for TMM, at least, it is seeming increasingly likely that the mighty (or not so mighty) EURUSD grinds higher over the course of the summer. If the EU Stress Tests were not a real stress test of the EU banking...
I shouldn’t have been so complacent in declaring the paradigm shift in forex markets, whereby risk aversion had given way to comparative growth and interest rate differentials. While such a shift might have been present – or even dominant – in forex markets over the last couple months, it appears to have once again been superseded...
I was travelling during yesterday and am still pretty jetlagged. Here is an interesting article for now. Newsmakingnews reports that the mighty wurlitzer plays on . THE MIGHTY WURLITZER PLAYS ON by Gary Webb Chapter 14 from In the Buzzsaw edited by Kristina Borjesson Webb was an investigative reporter for nineteen years focusing on government and...
U.S. ADP Non-Farm Employment Change is looking good, The ISM Non-Manufacturing PMI is also on the rise and U.S. Federal Reserve Bank of Boston President Eric Rosengren delivers a speech. These items together with more good news, await us today. In the US, ADP Non-Farm Employment Change, estimates a rise of 29000 in the number of employed people in...
Yesterday, Macro Man suggested that the market needed a “wake me up before you go-go” call in the event anything interesting happened. Wham! Yesterday was chock full of interesting developments. Macro Man has highlighted the attraction of long ten year swap spreads previously in this space. The good news is that it seems as if he had...
Rumor has it that the Dollar is about to make a run. As the credit crisis slowly subsides, (currency) investors are once again looking at the long-term, and they like what they see when it comes to the Dollar. For those that care to remember, 2008 was a great year for the Dollar, as the credit crisis precipitated an increase in risk aversion,...
I will be speaking at the Las Vegas Forex and Futures Expo in September. If you are interested, I am holding a premium class on Friday. Click on the link to register! I promise it will be a fun and valuable session! Actionable Intraday and Swing Trading Forex Strategies Friday, September 24 1:00 pm – 5:00 pm Kathy Lien is an internationally...
After a football dominated weekend, the only solace England supporters have is that God’s Sporting Nation got even more thoroughly taken apart by the clinical Germans. The Robert Green Jokes are running wild around London markets today and the England Joke/Real News ratio is indicative of a market that really is gazing into a pretty macro...
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phrenetico (Phrenetico) : @pecesiqueira se liga man, esse lance do desfoque muito doidera, procura por efeito macro na web, tecnica avanada de fotografia..... Updated : 2010-09-03T18:43:24Z | Reply | View Tweet |
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