Insights

 

FX Daily
August 28, 2015 Posted by
The hectic week closes relatively quiet with the USD holding up vs. the majors via an economic report in the U.S. showing the consumer in July continues to be resilient/strong and corresponding incomes remain healthy, both adding to speculation the economy will remain strong despite China’s current slowdown.
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FX Daily
August 24, 2015 Posted by
The week opens with a new wave of selling in global markets as the rout in all but only the safest assets has deepened.  At the open this morning, U.S. stocks joined the selloffs in Europe and Asia, but later the S&P Index pared the worst of its losses by more than half as investors assess whether the current selling has gone too far, too fast.
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FX Daily
August 24, 2015 Posted by
The week opens with a new wave of selling in global markets as the rout in all but only the safest assets has deepened.  At the open this morning, U.S. stocks joined the selloffs in Europe and Asia, but later the S&P Index pared the worst of its losses by more than half as investors assess whether the current selling has gone too far, too fast.
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FX Daily
July 27, 2015 Posted by
The USD is materially lower today as global equities and commodities start the week in “sell-off” mode, via the market’s concern that anemic global growth will postpone the Fed’s initial interest rate hike later this year.
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FX Daily
July 07, 2015 Posted by
The Greek drama continues, hurting the EUR (now at a 5-week low vs. the USD) as EU finance ministers and leaders meet to discuss Greece’s fate.
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FX Daily
June 11, 2015 Posted by
The USD is stronger today, first time in four trading days, as strong U.S. consumer demand (retail sales for May rose 1.2%) is further supporting the Fed’s plans to increase rates later in the year.
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FX Daily
June 08, 2015 Posted by
The USD has drifted weaker vs. the EUR via rumored comments by U.S. President Obama at the G-7 conference in German today.  Obama later denied the rumors in his official news conference.
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FX Daily
May 08, 2015 Posted by
The week ends with an event-driven market, capped by the U.S. Nonfarm Payroll report this morning.  Payrolls for April rebounded to reflect +223K new jobs and the unemployment rate fell to 5.4%, both near expectations.
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