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Hedge funds bet on Aussie dollar slide

Hedge funds hungry for trade ideas after the success of their bets on Japan's recovery have been turning their attention to the Australian dollar, betting the end of the commodities boom will drive down the currency. Funds have been watching for signs of weakness in the Aussie dollar, which was ... Read More | View Original Article

USD/JPY A Buy Or A Sell Next Week?

The JPY has been in demand of late, mainly on the back of a sudden rise in risk aversion. We do not expect risk sentiment to deteriorate sustainably. This weeks downside in Japanese stocks has been driven by falling liquidity expectations on the back of the Feds less dovish monetary policy st... Read More | View Original Article

Currency Positioning and Technical Outlook: What Next?

The main development in the foreign change market over the past week has been the short squeeze of the yen, and to a lesser extent, the Swiss franc. The move coincided with a backing up in JGB yields, with the 10-year approaching the 1.0% threshold, a nearly three-fold increase since the BOJ anno... Read More | View Original Article

‘Regime Change’ at the BOJ…Book Shop

Back in March, the installation of new deflation-fighting leaders heralded what was dubbed a regime change at the Bank of Japan. But behind the scenes theres been another regime change taking place: at the BOJ book shop. For those whove never been inside the BOJs 10-story headquarters in cen... Read More | View Original Article

Abenomics 101 - The 15 Most Frequently Asked Questions

With the first arrow of Abenomics perhaps hitting its limit, it will be the second and third arrows that need to occur quickly and aggressively to carry this momentum forward (and for the economy to grow into stock valuations). Barclays lays out 15 of its most frequently asked questions below but... Read More | View Original Article

A hedge fund for you and me? The best move is to take a pass

Earlier this year, Goldman Sachs Asset Management announced that it would launch a new mutual fund that apparently will bring the joy of hedge fund investing to the masses. For as little as $1,000, the Multi-Manager Alternatives Fund (GMAMX) allows mom-and-pop investors to put their life savings... Read More | View Original Article

New York claims more proof of bank mortgage abuses

New York Attorney General Eric Schneiderman said there is mounting evidence that Bank of America Corp, Wells Fargo and Co and other banks violated the terms of a settlement designed to end mortgage servicing abuses. Schneiderman - who has said he plans to sue Bank of America and Wells Fargo for f... Read More | View Original Article

Forex Weekly Outlook May 27-31

The US dollar already reached new highs, but eventually retreated and corrected after two weeks of strong gains. US Consumer Confidence, GDP, employment and housing data are the highlights on out calendar. Here is an outlook on the main market-movers awaiting us this week. The past week saw wild ... Read More | View Original Article

Learn to Manage Forex Risk

Traders should look to contain their risk on every position. Learn to exit the market using Risk/Reward ratios. When traders first approach the Forex market, it is invevitatble that traders will pull up a chart and begin planning their first market entry. However, while most traders are focusi... Read More | View Original Article

US Week Ahead: GDP, Consumer Conf, Personal Income/Spending

We forecast the May Consumer Confidence survey moved three points higher to 71.0. The preliminary May U. of Michigan Consumer Sentiment survey rose to the highest level in almost six years as rising home values, record stock prices, and lower gasoline prices boosted household wealth. We anticipate... Read More | View Original Article

Weekly market preview – 27 May 2013

A relatively quiet week ahead, with Monday representing a bank holiday in both the UK and US economies. Subsequently, much of the markets will be experiencing lower volumes and potentially higher volatility as a result.  Monday serves to set the tone for the UK, where a very light week of... Read More | View Original Article

Europe Week Ahead: EC Report, EZ M3, -ESI, -Flash HICP

On Wednesday 29 May, the European Commission will publish the results of its own assessment of national reform programmes and stability programmes submitted by EU governments at the end of April. The EC will publish country-specific recommendations, which in turn will be discussed (and possibly... Read More | View Original Article

IMF chief Christine Lagarde key witness in Tapie case

A French court has decided not to place the head of the International Monetary Fund, Christine Lagarde, under investigation over a payout made when she was finance minister. Ms Lagarde was instead made an assisted witness in the case, meaning she will be called upon to testify but is not directly... Read More | View Original Article

Notes from the PIMCO Investment Summit with Mohamed El-Erian

Contrasts and Complexity The world is full of contrasts, but there is nothing "irrational" about them. Inside of these contrasts there is important information to be learned, these contrasts describe the world we're in. PIMCO uses a term to describe this concept, "Stable Disequilibrium". It sound... Read More | View Original Article

U.S. audit regulator reaches deal with China on document access

U.S. regulators will get access to Chinese companies' audit documents under a deal announced on Friday, opening the way to probes of bungled audits after a two-year stand-off between China and the United States. The nonbinding deal is only a partial victory for the United States, which has been b... Read More | View Original Article