Archive for March, 2009

Geithner Needs to Learn His Lesson

How long does will it take for Treasury Secretary Tim Geithner to realize that his comments move markets? When he first took office, he mistakenly threatened to brand China as a currency manipulator. This caused a wave of volatility in the currency market and sharp criticism about the experience of the new Administration. [...]

Kathy is Coming to Singapore and Malaysia!

Kathy Lien (me) will be coming to Singapore and Malaysia in just a few weeks! If you are in the region, please come to the seminars because I would be delighted to meet you!
Here is my itinerary:
Singapore Seminars
Asia Trader & Investor Conference (ATIC)
Suntec Singapore, Hall 401
Sat April 18 1pm - 2pm Strategies for [...]

GBP/JPY Breaks Inverse Head and Shoulders

For you technicians, hopefully you have caught the major break in GBP/JPY today.

British Pound Soars on King’s Comments, 1.50 is Resistance

Over the past 2 weeks, the British pound has soared more than 8 percent against the U.S. dollar. Like many countries around the world, the U.K. has succumbed to higher gas prices but unlike some other countries, the weakness of the British pound has exacerbated the rise in inflation. Hotter consumer prices helped to [...]

Will the Treasury’s Plan Work?

The effectiveness of the Treasury’s Public Private Investment Program hinges upon whether private investors will take the carrot that the Treasury is offering them. In order to buy into the program, not only do private investors need to be confident that the assets will appreciate in value, but also that the U.S. [...]

Treasury Department Releases Details on Public Private Partnership investment program

Expect banks stocks to soar on this announcement. Geithner is slated to speak at 12:45pm to reiterate the details on the Treasury’s Public Private Partnership investment program to move toxic assets off bank balance sheets:

Fact Sheet
Public-Private Investment Program
The Financial Stability Plan - Progress So Far: Over the past six weeks, the Treasury Department has [...]

Forex Trading Tips: Winning By Losing

Winning By Losing

The key to succeeding in trading is to lose well. It doesn’t matter if you are a die hard fundamentalist who thinks that chart reading is akin to astrology or an unrepentant technician who thinks that all news flow has less value than celebrity gossip. Every great trader I ever met knew how [...]

Video of Obama on Tonight Show

If you didn’t catch it last night, here is the video of President Obama on the Tonight Show

EUR/CHF Floor - Negative Interest Rates in Switzerland?

Last week’s intervention efforts have put a floor under EUR/CHF. The possibility of more gains was cemented by comments from SNB Member Jordan today who said that Switzerland could offer negative rates on deposits.
Many people may be scratching their heads wondering if the Swiss could actually follow through with its threat but [...]

EUR/USD Could Extend to 1.40

The EUR/USD is on a tear, having rallied more than 600 pips or 5 percent over the past 24 hours. The significance of Fed’s actions continue to resonate over the currency markets and even though we have already seen parabolic moves in the pair, I think it will head higher.

Why?

On December 16th, when the [...]