Archived IMT (2009.03.23)
US Govt. offers more details as far quantity of toxic debt to be purchased by Treasury, Fed and private investors. A point often repeated here is that the combination of relative data vacuum in the US along with neutral-positive risk appetite is conducive to prolonged USD weakness. JPY remains weakest performing currency, offering prolonged upside for AUDJPY and NZDJPY. GBP retreats after negative comments from BoEs Blanchflower saying recession forecasts may be too optimistic. Cab;e#s upside still capped at $1.47, followed by 1.4860s. Todays Hot-Chart dissects the AUD-Copper relationship, a topic discussed in detail in my book (Chapters 3, 4 and 8).
Real Yields & Fed Take Away
by Adam Button | Sep 29, 2020 17:25
Election Anxiety, Virus Reality
by Adam Button | Sep 25, 2020 19:15
USD Deleveraging & Tech Applications
by Adam Button | Sep 23, 2020 18:16
The Moment of Truth?
by Adam Button | Sep 21, 2020 23:15
FX Shrugs, Indices Shaken
by Adam Button | Sep 18, 2020 18:53