Insights

 

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.
Read More
0 Comments | Join the Discussion

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.
Read More
0 Comments | Join the Discussion

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.
Read More
0 Comments | Join the Discussion

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.
Read More
0 Comments | Join the Discussion

FX Daily
November 29, 2013 Posted by
The FX trading hours will close at 10:30am PST today.
Read More
0 Comments | Join the Discussion

FX Daily
November 19, 2013 Posted by
The Australian dollar rose for the third straight day after comments coming from the PBOC that it intends to exit from normal currency intervention in the foreign exchange market and will widen the yuan’s trading band accordingly over time.
Read More
0 Comments | Join the Discussion

FX Daily
November 18, 2013 Posted by
The week started off on a quiet note, with little global news to move the markets. The dollar weakened a bit against most other currencies ahead of speeches from several Fed officials later today.
Read More
0 Comments | Join the Discussion

FX Daily
November 01, 2013 Posted by
The dollar was stronger this morning, as speculations for a rate cut from the ECB drove the euro down for a fifth consecutive day.
Read More
0 Comments | Join the Discussion