Overnight Index Swap (OIS)
29/08/08 20:01
Here, or in Pro Traders Club video reviews, you will
often hear me refer to the Overnight Index Swaps (OIS
Market) and their relation to the market pricing in
rate hikes/cuts for a specific region. Here is a good
article i came across that can help to explain the
instrument. I don't know who wrote the article, so
cannot credit the appropriate source. It may be a
little heavy for some, but you'll get the general
idea.... Read More...
USD in Corrective Mode
28/08/08 08:09
Helped by stronger oil at $119/bbl and a hurricane
threat in the Gulf of Mexico the USD is selling off
after an over-extended run. 2yr rate spreads have
continued to move in favour of EUR/USD and this can
provide more accelerant for the move higher. I
anticipate stronger EUR from current levels over the
near term. Read More...
Crude oil prices rebounded to above $117/bbl
27/08/08 08:42
Crude oil prices rebounded to above $117/bbl from a
low of 112.36 yesterday, and this weighed on the USD
overnight Commodities were helped by increasing
worries over a tropical storm which is threatening
oil and gas infrastructure in the Gulf of Mexico.
Read More...
USD fell Thursday largely rationalized by a rally in oil
21/08/08 21:13
The USD fell Thursday largely rationalized by a rally
in oil, which jumped to its highest level in 2
½-weeks to $121.94 per barrel. Read
More...
GBP/USD Likely to see price stability in the near term
14/08/08 20:49
Pound suffered losses against the major's for 9
consecutive days. While GBP has suffered partially
due to Eurozone weakness reflected in GDP, the UK
remains behind the curve of market reaction to
pricing in declining economic growth and tightening
of interest rate spreads vs the majors. Read
More...
Big week - with announcements out of RBA, MPC, FOMC and ECB press conference
04/08/08 18:42
August Perspectives – Pre Rate Announcements
Background
I’ve been engaged in the financial markets since my university days in the mid 1980’s. I took interest in the FX sector in 1998, prior to which, I had a lengthy career as an Olympic athlete. In 2002, I managed an FX fund with an outstanding trader who won the Daiken Award (separate fund) in Singapore for best new fund for private equity, and his thorough knowledge, guidance and expertise brought my trading to the institutional level.
It was a great privilege and honor. Currently, I trade for private and institutional clients clearing through banks in Singapore, London and New York and manage a London based fund (no inquiries please). Read More...
Background
I’ve been engaged in the financial markets since my university days in the mid 1980’s. I took interest in the FX sector in 1998, prior to which, I had a lengthy career as an Olympic athlete. In 2002, I managed an FX fund with an outstanding trader who won the Daiken Award (separate fund) in Singapore for best new fund for private equity, and his thorough knowledge, guidance and expertise brought my trading to the institutional level.
It was a great privilege and honor. Currently, I trade for private and institutional clients clearing through banks in Singapore, London and New York and manage a London based fund (no inquiries please). Read More...