Insights

 

FX Daily
February 14, 2014 Posted by
The dollar extended its losses against most of its peers after a lackluster report on factory output. In addition, steady growth in Europe provided another boost to both the euro and pound.
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FX Daily
February 13, 2014 Posted by
The dollar fell after a report showed that retail sales in the U.S. were lower than expected last month. The weak numbers were affected by bad weather over the past month.
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FX Daily
February 12, 2014 Posted by
The pound rallied early after BOE Governor Carney reiterated his pledge to maintain a low rate environment, even as the U.K. economy has improved over the past year.
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FX Daily
February 11, 2014 Posted by
Fed Chairman Janet Yellen delivered her first testimony to Congress today, emphasizing that the labor market has improved but is far from being fully recovered. She also focused on maintaining continuity regarding QE and future reduction of asset purchases.
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FX Daily
February 10, 2014 Posted by
The yen strengthened for the first time in 3 days against the dollar and euro as traders fled for higher grounds after reports in France and Italy revealed weaker industrial production.
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FX Daily
January 29, 2014 Posted by
The Federal Open Market Committee announced today that it will reduce its monthly bond purchases by $10 billion to $65 billion from $75 billion, maintaining its plan to gradually withdraw from the current QE program.
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FX Daily
January 10, 2014 Posted by
The nonfarm payroll data was disappointing to say the least, with a gain of only 74K for December. The forecast was for 200K, but November was revised up 38K to 241K.
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FX Daily
January 09, 2014 Posted by
The Canadian dollar weakened to a 4-year low against the U.S. dollar, and fell against all its major peers as data showed that housing starts and building permits in the country fell.
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