Posts made in March, 2019

Dollar Milkshake

Posted By Darren Winters on Mar 27, 2019

The algos and carbon fx traders are probably gauging right now whether the Dollar Milkshake trade is over, in view of the Fed’s patience to pull the reins of its normalization policy So, firstly let’s zero in on the Dollar Milkshake trade theory, no doubt a current hot topic in the forex market with an average daily turnover of approximately 5.35 trillion USD a day. The crux of the Dollar Milkshake theory put forward by...

Fed’s patience

Posted By Darren Winters on Mar 21, 2019

The Fed’s patience signaled by the FOMC’s recent decision to pull the reins of its monetary normalization policy could pivot investors into the dovish camp where they doubt the robustness of the so-called economic recovery. “Economy is in a good place, outlook is a favorable one and inflation is muted,” said Fed Chair Powell in a March interview with 60 minutes. Fed’s patience doesn’t tally if the economic...

Bitcoin revival

Posted By Darren Winters on Mar 16, 2019

The never say never saying could apply to a Bitcoin revival. Indeed, the technicals and fundamentals are pointing to a Bitcoin revival. Cryptocurrencies are sexy again. Bitcoin, the yardstick for all cryptocurrencies, is up 18% against king dollar in the first quarter of 2019. Bitcoin’s revival is probably no dead cat bounce but the beginning of a new secular bull market in cryptocurrencies Jack Dorsey, the billionaire...

Fed Chair Powell’s interview

Posted By Darren Winters on Mar 15, 2019

Fed Chair Powell’s interview on “60 Minutes” could have been a counter move to restore faith in Fed policy following unprecedented public criticism from US president Trump who labeled the Fed “crazy” in December due to its interest rate hike path. Global populist movements energized by populist leaders could be the Fed’s greatest risk. So while rising populism with its catchy chant to “end the Fed” was not mentioned at all...

Budget airline profits stalled

Posted By Darren Winters on Mar 6, 2019

Budget airline profits stalled in 2018 despite the so-called “good times” of booming traffic and access to an array of plentiful cheap credit. Fierce competition triggered by a number of upstarts entering the market has been cited as the main reason why budget airline profits stalled in 2018 Budget airline profits stalled in 2018, particularly for Ryanair dubbed the “worst short-haul airline” last year. Ryanair, the second largest...