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  • September 2011 performance review for Danica

    September 2011, the ninth month of the second year of Danica's live operation, will be remembered for the CHF intervention and the announcement of the so-called Operation Twist in the US. The system continued on auto-pilot without parameter changes. The market average of the correlation...

  • Cable cracks 1.6000 as Dollar rally continues

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    No green shoots to speak of in the Beige Book. Conditions weak or worsened through May Expectations improved but big gains in activity not expected through year-end Labor markets stayed weak Wages falling or flat Residential real estate still weak Retail sales soft credit improved 5 of 12...