Insights

 

FX Daily
April 08, 2014 Posted by

The USD continues to slide against the majors via technically-driven levels and continued concern over last week’s anemic U.S. jobs report. With U.S. Treasury interest rates still hovering close to their recent lows, emerging market currencies are benefitting as global investors’ appetite for yield via “risk-on” trading (USD negative).

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FX Daily
April 07, 2014 Posted by
We open the week with the USD slightly weaker against the majors as the ECB policy makers signaled that recent deflation risks in Euroland seem to be contained, reducing speculation of a fresh round of bond-buying to boost prices and economic growth.
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Advisories; FX Outlook; Global Edge; Asia
April 03, 2014 Posted by

Silicon Valley Bank's monthly FX Currency Outlook provides insight into today's foreign exchange markets and the global events that impact your cross-border transaction strategies. In this April edition we highlight China’s desire to make the RMB the world’s next global reserve currency.

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FX Daily
March 21, 2014 Posted by
The USD closes the week headed for its biggest weekly gain in nearly two months vs. the majors as many in the market believe the Fed is moving toward higher interest rates faster than previously expected.
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FX Daily
March 20, 2014 Posted by
The USD continues to strengthen across the majors (two week high vs. the EUR) after yesterday’s Fed announcement signaled they’ll probably raise interest rates by the middle of next year.
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FX Daily
March 19, 2014 Posted by
The USD is slightly stronger today ahead of the FOMC rate announcement and Fed President Yellen’s first official press conference.  The Fed is expected to further reduce its bond-buying stimulus program by $10 billion and link its guidance on when it will begin raising interest rates to a range of economic indicators.  The Fed announcement will be at 2:00pm eastern.
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FX Daily
March 18, 2014 Posted by
The FX markets are relatively quiet despite Russian President Putin’s speech focusing on Ukraine and Crimea’s accession. The markets are interpreting Putin’s interest in Crimea won’t extend into other parts of eastern Ukraine, and sanctions by the EU and US will broaden to counter the situation.
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FX Daily
March 17, 2014 Posted by
Global equity markets have rallied today via lowered investor concerns surrounding the Crimea situation as yesterday’s vote to leave Ukraine didn't leade to further turmoil and s/t uncertainty.
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