Insights

 

FX Daily
January 08, 2014 Posted by
The dollar followed up on its gains after a strong ADP number this morning. Private payrolls rose 238K in December, which was above expectations and the most in a year.
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FX Daily
January 07, 2014 Posted by
The dollar was mostly stronger this morning on limited global economic reports. Last night, Janet Yellen was confirmed to be the next Federal Reserve Chairman with a vote of 56-26, a record low for any chairman.
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FX Daily
December 18, 2013 Posted by
The Federal Open Market Committee today announced that it plans to reduce its monthly bond purchases to $75 billion from $85 billion.
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FX Daily
December 13, 2013 Posted by
The pound and euro fell again against the dollar as traders took some reprieve after a stellar run for both currencies over the past week.
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FX Daily
December 12, 2013 Posted by
The Aussie fell over 1% this morning to a 3-month low against the dollar after Reserve Bank Governor Glenn Stevens commented that the currency should be closer to 0.85 cents USD to spur the country’s economy.
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FX Daily
December 11, 2013 Posted by
The dollar recovered this morning after a budget agreement was reached last night by lead negotiators for the House and Senate.
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FX Daily
December 10, 2013 Posted by
The dollar weakened across the board as the euro rallied for a sixth consecutive day, while the pound looks to test its 2 year high as today’s report on industrial production in the U.K. indicates that its economy continues to recover.
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FX Daily
December 09, 2013 Posted by
The yen continued its slide to start the week, as investors are looking to other higher yielding assets given the recent run with equity markets. The Canadian dollar was also weaker after posting a slower housing start for November.
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