Articles by Roger Baettig

  • Report: Swap execution facilities provide greater optionsReport: Swap execution facilities provide greater options

    July 16 2013 11:28 AM

    A new report from the GreySpark Partners showcase the greater flexibility and efficiency of multi dealer platforms compared to other structures.

  • Day ahead in the FX marketsDay ahead in the FX markets

    July 15 2013 10:51 PM

    Summary of key events likely to affect trading in the foreign exchange markets.

  • US and China do dialogue on cyber espionage and information theftUS and China do dialogue on cyber espionage and information theft

    July 15 2013 4:55 PM

    The US and China agree on parameters as to intellectual property and trade secrets.

  • New currency instruments expand Indian forex bourseNew currency instruments expand Indian forex bourse

    July 15 2013 4:52 PM

    The opening up of the Indian forex market has allowed the stock exchange to further grow in recent times.

  • The ABC's of foreign exchange risk managementThe ABC's of foreign exchange risk management

    July 15 2013 4:48 PM

    There are basic lessons to be learned about management of forex risks.

  • Daily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZDDaily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZD

    July 15 2013 2:10 PM

    Market still looking for indication on scaling back of QE - France downgraded from AAA to AA+ - Chinese Q2 GDP growth 7.5 percent

  • Continuous Commodity Index Points to Rally in Gold & SilverContinuous Commodity Index Points to Rally in Gold & Silver

    July 15 2013 11:54 AM

    During the recent weeks we have seen commodities especially precious metals continue to drop in value. Market participant sentiment has become more bearish on commodities and couple that with a rising dollar it’s no wonder why we continue to see commodities as a whole fall in value. Money has been flowing out of bonds at record levels this summer telling us most of market participants are feeling bullish on the stock market. This shift in sentiment of the masses are typical as they move their money from the risk on safer assets (bonds & commodities) and rotate into risk-on assets like stocks. While this is a bearish (contrarian sign) stocks could easily continue to rally for an extended period of time and possibly several more months before they actually top out.

  • EUR/USD - Will The Mighty Jump Survive?EUR/USD - Will The Mighty Jump Survive?

    July 15 2013 8:24 AM

    EUR/USD had a very strong upward jump during last week when the pair moved up from 1.2755 to 1.3207 i.e. 452 pips in a matter of a single day. This move broke above the 200-day moving average resistance but could not sustain and the price action fell below this resistance once again.

  • Day ahead in the FX marketsDay ahead in the FX markets

    July 14 2013 5:36 PM

    Summary of key events likely to affect trading in the foreign exchange markets.

  • Gold Prices Search for That Illusive IgnitionGold Prices Search for That Illusive Ignition

    July 14 2013 4:27 PM

    Let me start by stating that I am a gold and silver bull and that the precious metals sector has been very good to me. However, any stock or commodity doesn’t not go up or down in a straight uninterrupted line. There are bear phases in a bull market just as there are bullish rallies in a bear market. Gold prices are in a long term bull market despite being in a bear phase at the moment. With that being our starting point then being short rather than long in the near term, makes sense to me.

  • Canadian dollar flourishes amidst crisisCanadian dollar flourishes amidst crisis

    July 14 2013 3:33 PM

    While many currencies have floundered, the Canadian dollar has provided great returns to investors.

  • CLS Bank announces record volume this yearCLS Bank announces record volume this year

    July 14 2013 3:31 PM

    CLS Bank announced record breaking volume transactions through its system.

  • Daily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZDDaily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZD

    July 12 2013 1:01 PM

    USD rebounds despite lower than expected consumer sentiment data - EUR weakens amid Portugal turmoil - Commodity currencies weaken, AUD approaches three-year low on China growth concerns

  • The cause of currency crisesThe cause of currency crises

    July 12 2013 10:38 AM

    In order to manage a currency crisis, selling off foreign currency to mop up local currency averts a long term crisis.

  • China's Central Bank moving to make yuan more international friendlyChina's Central Bank moving to make yuan more international friendly

    July 12 2013 10:34 AM

    The People's Bank of China has released notice to require banks and companies to use the yuan in their international transactions.

  • Daily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZD

    July 05 2013 1:52 PM

    USD is broadly stronger as US jobs data trumps expectations - EUR weakens as the ECB extends current monetary policy - Commodity currencies weaken as Egypt increases risk aversion

  • 5/7/2013 - The Current Market Sentiment

    July 05 2013 12:15 PM

    As what has been expected and mentioned in yesterday report, after the anticipated decision of the ECB of keeping the interest rate unchanged at 0.5%, it has given a reference to the recent rising of the bonds yields in EU as it goes against its efforts of stimulating the economy which is looking for a path for even a gradual recovery to get out of the current persisting recession as we have seen yesterday too with the release of EU Q1 GDP final reading which has shown shrinking by 0.3% q/q from 0.2% in the recent reading and after shrinking by 0.6% in the last quarter of 2012.

  • Daily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZD

    July 03 2013 1:19 PM

    USD and Yen stronger as tensions in Egypt increase risk aversion EUR faces pressure over peripheral country concerns Commodity currencies weaken as oil prices break $100

  • Daily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZD

    July 02 2013 3:53 PM

    USD is broadly stronger ahead of this Friday’s jobs report EUR is relatively flat against dollar ahead of Thursday’s ECB meeting Commodity currencies are weaker as the BoC and RBA seem unlikely to tighten economic policy

  • Antonis Samaras Faces Troika to Unlock Next Aid Installment

    July 01 2013 7:52 AM

    Greek Prime Minister Antonis Samaras found himself under fire in June after he made painful job cuts at state broadcaster ERT. Following the decision, the public was outraged and the nation was thrown into political turmoil as the Democratic Left party demonstrated its dissent by withdrawing from the government. The political party said the cost of overhauling the nation's public sector was not worth the payout.