Tag: fx

The Old Man’s Views Fruit machines ain’t finance

Reading Time: 4 minutes This post was originally published on jpfs.com I came into the cryptocurrencies looking for additional products to hedge against inflation and economic decline.   What I found …was a minefield.   I appreciated the ideology behind Bitcoin, and I realised volatility was a significant issue. I also understood how the […]

The Old Man’s Views Happy New Year!

Reading Time: 8 minutes This post was originally published on jpfs.com At the end of the year, we had a few people disappointed because that much forecasted 100,000 on Bitcoin starting to look little more than a dream. But hey-ho, Rome was not built in a day. I am looking forward to 2022 and […]

The Old Man’s Views The Old Man Looks Back on 2021

Reading Time: 4 minutes This post was originally published on jpfs.com Firstly, I hope you all had a wonderful Christmas. Omicron upturned my Christmas plans, but we all got through it safely.   We are about to enter another year of government restrictions and lockdowns, and it’s just not good enough.   “5-weeks to […]

The Old Man’s Views Satoshi Lives!

Reading Time: 4 minutes This post was originally published on jpfs.com I am rushing to get ready for a flight to the UK. Hopefully, it will take off before Boris bans all incoming flights.   As most of you are preparing for another Covid Christmas, I’ll try and keep it short so that you […]

The Old Man’s Views The People Vs The Powers?

Reading Time: 6 minutes This post was originally published on jpfs.com Omicron: Yet, another variant of the China virus that our governments enjoy using to impose their authority? If you can’t beat them, we should join them.   I was thinking about this and how we promote cryptocurrencies. Perhaps we should be talking less […]

The Old Man’s Views Oh, Joe! What did you do?

Reading Time: 2 minutes This post was originally published on jpfs.com The great thing about internet searching is the algorithms that keep presenting you with the content it thinks you will like.   I was searching searching “major economic downturns” and “declines of empires”, and was presented with links to some new YouTube videos […]

FX Market View #31 Dollar strengthens as central banks push back against further tightening

Reading Time: 2 minutes This post was originally published on jpfs.com The Dollar held a firmer stance at the end of last week, as major central banks pushed against the markets discounting future tightening. First up in this regard was the Bank of England decision to hold rates, despite the market expecting a hike. […]

FX Market View #30 Dollar is poised for a rally during a week of major announcements

Reading Time: 2 minutes This post was originally published on jpfs.com Global yields have firmed this week with a majority of the currency majors paring gains against the Dollar. As opposed to the pattern that developed in the week earlier, the currencies from higher yielding currencies lost ground against the greenback. Most notably, it […]

FX Market View #28 Markets driven by high energy prices and low Chinese growth data

Reading Time: 3 minutes This post was originally published on jpfs.com US equities traded higher last week as they rallied on strong earnings reports, which in turn helped global stocks to achieve multi-session gains. As a result the Dollar softens its stance against the majors with the exception to the Yen, despite benchmark yield […]