Posts Tagged ‘central-bank’

Talk is Cheap, Unlike the Euro

by Christopher Lemieuxon April 15, 2014 12:14 pm BST
  For the last several months, the European Central Bank (ECB) has jawboned market participants to death on what it could do if the euro got to pricey. There is not a day that goes by (or so it seems) that five blurbs throughout the day hit my feeds about some ECB official talking about […]

Russian Growth Deflation by Inflation

by Christopher Lemieuxon November 10, 2013 4:30 am BST
Inflation strikes Russia with the central bank refused to cut the benchmark rate as consumer prices threatened to hold inflation within the bank’s annual target. The Russian central bank’s decision was to leave the benchmark at 5.5 percent and refused to offer any forward outlook on the matter. For the first time in five months, […]


by Christopher Lemieuxon August 6, 2013 11:32 pm BST
The USDJPY drops nearly a half-percent pre-Tokyo market hours with no related news hitting the wires. The pair is breaking support on the daily chart after clearing out stops near 97.50. Psychologically, support should lie near 97.00, but depending upon the reason for the break, 98.01 is the next downside target. There are multiple bearish […]

Weidmann and I Think Alike

by Christopher Lemieuxon July 7, 2013 4:44 pm BST
I have been a skeptic and overly critical over central banks and politicians who think monetary laxness will fix the structural imbalances that started the meltdown in the first place, and I refuse to believe it’s better for the issues to be out of sight, out of mind until they roar back once again. In […]