Financial TimesWhere Is The London Whale? Data Doesn't Show JPM Selling Most Of The …ForbesMedia reports about the size of the London Whale losses suffered by JPMorgan's CIO have gone all over the place, from $2 to $9 billion; there has also …
Financial TimesWhere Is The London Whale? Data Doesn't Show JPM Selling Most Of The …ForbesMedia reports about the size of the London Whale losses suffered by JPMorgan's CIO have gone all over the place, from $2 to $9 billion; there has also …
CANADA FX DEBT-C$ rallies on risk recovery, inflation surpriseReuters* C$ hits session high of C$1.0139 vs US$, or 98.63 US cents * 2-yr bond yield climbs after stronger-than-expected inflation * Total inflation 2.0 pct annually By Claire Sibonney TORO…
Two market developments are worthy of note today (so far). Gold is up 2.5% (off a very cheap low) and USDYEN and EURYEN have made very significant 1.3% moves down.
Stuff like this scares me. It looks like acceleration in the flight to quality. The ne…
There was a mini flash crash in the EURCHF cross this morning. Two charts on the price move:
(Link and Link)
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I was watching markets on a screen. When I saw the EURCHF price break I called a lady I know on an FX desk. She picked up t…
I wrote about Kashya Hildebrand’s inappropriate FX trades the other day. The story has some new legs today (Bloomberg). The wife of the president of the Swiss National Bank (SNB) has done the one thing she never should have. She talked. Any chance t…