About Currency Currents

With Currency Currents, you can stay tuned-in to our current global-macro view and our analysis of key investment themes driving currency prices.

We consistently focus on the key asset classes responsible for the flow of global capital -- including equities, fixed income, commodities and, of course, currencies.

Nothing is off limits to us in this free-wheeling look at the markets. Some days you’ll receive ramblings on trading psychology, while other days we may take an academic approach in explaining esoteric economic issues. Ultimately we have one goal in mind: to help you get a handle on the key investment themes driving global capital flow. Because if you know where the money is going, it increases the probability that your position in the market will be a profitable one.

Who is Jack the Pipper?

Jack Crooks is Black Swan Capital LLC, President and Chief Trading Officer.

Jack is founder and president of Black Swan Capital LLC. He has also operated a discretionary money management firm specializing in global stock, bond, and currency asset management for retail clients. In addition, he was general partner in a firm specializing in currency futures and commodities trading. Neither firm is now in operation.

Prior to entering the investment arena, Jack worked in various corporate finance positions. He has written extensively on the subject of global currencies and international economics.

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Is it time for a proper pounding?

Posted 10:12 12 April 2011

Quotable

"Oceania was at war with Eurasia; therefore Oceania had always been at war with Eurasia"
George Orwell

Commentary & Analysis
Is it time for a proper pounding?

One of our background themes, no great shakes as others hold the same view, has been the idea the Bank of England summons any available raw material to try to avoid hiking interest rates. Just maybe today they got it, and the British pound is acting accordingly.

LONDON, April 12 (Reuters) - British inflation eased in March for the first time since last summer as grocers cut food prices, providing the Bank of England with fresh leeway to hold interest rates steady to support the still shaky economy.

The unexpected drop in annual inflation to 4.0 percent from 4.4 percent in February -- together with a sharp decline in retail sales -- gives ammunition to those policymakers who want to see the economy on a solid footing before tackling inflation.

The pound is moving in line with the news today...GBPUSD Weekly: