Report that Bitcoin and Ether are not securities
There was a report by Bob Pisani on CNBC saying the SEC said that Bitcoin and Ether are 'not securiites' because of the decentralization...
Rising Liquidity brings odd adjectives
Sterling “collapses”; Fifty ticks lower
I had a meeting yesterday morning where I didn’t have access to any market news or rates.
When I returned the...
Tapering, Rate Hikes and Red Herrings
Where does Monetary Policy end and Manipulation Start
Yesterday I wrote about Central Bank credibility and the fact that as economic activity grows so will...
Is the Euro working?
Italy’s populist Government confirms membership
Giuseppe Conte, the new Italian Prime Minister outlined his proposals for the country yesterday in what was a high-level speech...
Marriage? We barely know each other!
Market expressions born from reality
Over the years, the FX market has spawned several expressions (not all of which are printable) which in realty sum...
Algos refuse to get excited
Market evolving as drivers change
The FX market is still dominated by the release of the U.S. employment report usually on the first Friday of...
Correlation; Everyone’s friend, until it isn’t!
Brains yes, degree no!
Ever since the banks decided in the late eighties that they needed to increase the “brain-power” of their trading rooms the...
The Polish financial supervisor KNF will spend PLN 1.75 million on TV spots warning...
The KNF will spend PLN 1.75 million on TV spots warning against Bitcoin and Forex
The Polish Financial Supervision Authority (KNF) is launching new activities...
The man with the wrong Title
Pride comes before a fall
In a previous incarnation, I was managing a 24-hour dealing operation for a bank in London at the time when...
Second Quarter living up to its billing
The “money making” Quarter
When I worked in banks, the second quarter was always considered to be the “money making quarter”. In Q1, the start...