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  • Did central bankers make a secret deal to drive markets? This rumor says yes

    From marketwatch.com

    The dollar has taken a surprisingly big stumble in recent weeks, prompting traders to ask: What’s really driving the selloff? The answer some are coming up with smacks of conspiracy theory. Rumors are flourishing that global policy makers made a secret deal at the G-20 meeting in Shanghai late last month. This “Shanghai Accord” to weaken the greenback was aimed at calming the financial markets, which had gotten off to an awful start to the new year, according to the chatter. No foreign-exchange pact was announced at the February meeting of central bankers and policy makers from the 20 largest economies. That ... (full story)

  •  Guest
  • | IP XXX.XXX.168.197
Esty Dwek hasn't heard anything about a secret deal. Uhhh it wouldn't be secret if you had heard about it Esty Dwek.
Soros, Bigfoot, & L. Ron Hubbard are behind it all. Plus I think they stole my lawnmower.
"If The Fool persists in his Folly he will become wise." - William Blake
Correlation of oil to USD.....your welcome
Learn, a forex trader must, unlearn and relearn he will.
Simple is that one shopkeeper know the other shopkeeper and made deal also likewire centeralbank also do.

Its not a big deal, like you buy things from shopkeeper like wise make the deal with centeral bank based on analysis.
Nothing is Perfect... Every Body is Right...
Anyone who swallows the meme that there are no conspiracies is a fool. But this one was in the charts - the dollar was clearly running out of steam at the turn of the year, with bearish divergence if you look at a monthly futures chart: it made a lower high as its usual mirror, the Euro, made a lower low. So perhaps more tidal forces are at work here..
  •  Guest
  • | IP XX.XX.158.230
and where were the investigative journalistists? where the hell were they? hiding behind the Great Stonewall? chickenshit media, can't take out Chairman Mao & Co.? they should have sent me in - Bond J. force no. 007
wow! when dollar depreciate it could be due to CB secret agreement but when dollar strengthened restlessly over the past two years what was the reason behind it?
Love they way you spout nonsense
You cannot learn better without losing
The last four statements of this article are enough to prove the headline as shit:-

"Instead the recent dollar weakness comes down to two other factors, she said.

“First of all, the dollar has had a huge rally over a number of years,” she said. “And second, historically, what we see often is that the dollar actually stops rallying once the Fed starts hiking. It rallies before [rate increases].”
Losers Hope, Winners Believe
  •  Guest
  • | IP XX.XX.136.163
deal was confirmed - Bond J. force no. 722
  •  Guest
  • | IP XXX.XX.164.125
Gives oil companies as well as commodity firms some breathing room and the chance to hedge for the next big move to the downside.The small investor will really get hurt on the next leg down.
Quoting Guest
Gives oil companies as well as commodity firms some breathing room and the chance to hedge for the next big move to the downside.The small investor will really get hurt on the next leg down.

Those would be some pretty big hedges. Who is taking the other side of those hedges that is gonna get creamed? Usually oil and commodity companies hedge by buying Options. So who would be selling them those options? Not small investors
  • Comment #12
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  • Edited Mar 21, 2016 12:10am Mar 20, 2016 11:54pm | Edited Mar 21, 2016 12:10am
Russia pulling out of Syria and the sudden rise in oil are no coincidence. There was a deal made in the backrooms

On 15 April 2014, the Ukrainian parliament declared Crimea a territory temporarily occupied by Russia. Several months later the price of oil plunges being driven by the Saudis who are a staunch US ally. That drop in oil price was no coincidence
Quoting Sherpa
Russia pulling out of Syria and the sudden rise in oil are no coincidence. There was a deal make in the backrooms
Russia/Syria is small potatoes relative to the Financial Markets. Russia pulled out because (a) job done and (b) their Generals realized that Iran has near total control of the region, much more so than they realized from a Moscow vantage point and (c) Putin is a very cautious tactician.

Commodity currencies overshot on the downside... and have now overshot on the upside. Random market behavior is not a conspiracy.
We have witness volatility increasing and the overshoot of certain asset prices.

I'm a believer in once you start tinkering with the markets putting in more restrictions, closing down risk and their prop desks dont be surprised to see wild fluctuations as liquidity gets thinner.
The irony of all this is was to protect the consumer but instead they have done the opposite.
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  • Story Stats
  • Posted: Mar 18, 2016 12:07pm
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 14  /  Views: 6,029