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Michael Spencer

Michael Spencer

I love Japan, classical music & keeping fit - running and Peloton. I have a keen interest in financial markets.

Platform
Substack
PricingFreemiumPublishesWeekly
Issues26SubscribersRead mspen.substack.com

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Latest Issues

Recent posts by this newsletter. Browse the email archive.

Buy EURUSD

There has been a lot thrown at EURUSD …French politics (Lecornu resigned - spot dropped from 1.1676 to 1.1540; French budget (fudge?), downgrade by S&P (barely any reaction in spot); poor German data, still no fiscal boost evident - investo...

a month ago
10
1

Japan - politics & the 'Takaichi Trade'

A combination of continued local outflows from JPY, real money cutting short cross JPY positions and hedge funds changing their view on the JPY (look at the FX Options market) propelled USDJPY to > 153 on Friday and EURJPY close to 178 earl...

2 months ago
3
0

UK: Sterling, when not If?

What with all that is going on in France & Japan in terms of politics; and in terms of markets, the AI boom, Commodities and Precious metals, FX markets have - apart from the JPY - been quite range bound. Cable and EURGBP have traded around...

2 months ago
5
0

Some more reasons to own Gold

I read with interest Andrew Hunt’s Global Weekly Review and …perhaps gives more concrete reasons as to why one should own gold rather than just some Bloomberg chart of 5s30s (and the other very valid reasons as discussed in my previous note...

3 months ago
4
1

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  • Michael Spencer

    I love Japan, classical music & keeping fit - running and Peloton. I have a keen interest in financial markets.

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