A Reuters story on the Federal Reserve’s latest policy decision landed on my terminal. Well, there was no surprise at all and I actually really wasn’t expecting too much. Indeed, the powerful Federal Reserve kept their rates steady at a 22-year high. As expected, Powell acknowledged the progress we have made so far in returning to…

A Bloomberg article on the Japanese Yen captured my attention while I was checking some quotes for a trade. I can tell you that a number of macro traders on my radar have been busy moving around trying to take advantage of the dollar moves especially the USD/JPY pair. The Yen depreciates sharply against the dollar…

Halloween’s origins can be traced back to the ancient Celtic festival known as Samhain, which was held on November 1 in contemporary calendars. It was believed that on that day, the souls of the dead returned to their homes, so people dressed in costumes and lit bonfires to ward off spirits. Halloween is here and it’s…

For those who have missed the market action last week, most stock markets finished the week in the red as geopolitical tensions in the Middle East continued to weigh on investor sentiment. The UK’s FTSE 100 dropped -0.2% while pan-European Stoxx 600 and Germany’s Dax 100 slipped -0.2% and -0.1%, respectively. Over in the US,…

People have diverse beliefs and perspectives. I usually avoid engaging in arguments or debates about certain things especially personal beliefs. Everyone is entitled to their own opinions or positions, and it is okay to agree to disagree. I find more value sharing my experiences or insights with those who are open or positive to what…