Insights

 

FX Daily
October 24, 2013 Posted by
The dollar slid to a two-year low against the euro as investors are concerned that the U.S. government shutdown will hamper economic growth for the remainder of the year and any reduction to QE will be delayed until next spring.
Read More
0 Comments | Join the Discussion

FX Daily
October 23, 2013 Posted by
Asian stocks were down early driven by a jump in money market rates in China. The threat of tighter liquidity and higher rates in China lowered the Canadian loonie and Australian dollar, and the kiwi dived over 1.5% against the dollar.
Read More
0 Comments | Join the Discussion

FX Daily
October 22, 2013 Posted by
The dollar took a hit after the government released several key employment data delayed by the shutdown. Job growth was below expectations, and revisions for the two previous months were essentially a wash.
Read More
0 Comments | Join the Discussion

FX Daily
October 21, 2013 Posted by
Now that the shutdown is over, it is expected that the government will begin releasing economic data in the coming days including all the jobs numbers. The dollar gained back a little ground against the majors,
Read More
0 Comments | Join the Discussion

FX Daily
October 10, 2013 Posted by
The USD is trading stronger along with the global stock markets this morning after U.S. lawmakers signaled a willingness to increase the debt ceiling on a short term basis.
Read More
0 Comments | Join the Discussion

FX Daily
October 04, 2013 Posted by
We close the week with the USD slightly firmer as the partial government shutdown has now caused the U.S. jobs report for September to be indefinitely delayed, clouding the outlook for when the Federal Reserve may reduce its stimulus.
Read More
0 Comments | Join the Discussion

FX Daily
October 03, 2013 Posted by
The USD slid to its weakest level of the year vs. the EUR as the U.S. government's partial shutdown added to concerns that economic growth will slow and prompt the Federal Reserve to further delay reducing its monetary stimulus.
Read More
0 Comments | Join the Discussion

FX Daily
October 02, 2013 Posted by
The USD remains weak via "Government Shutdown Day 2". In early U.S. trading, the EUR spiked vs. the USD after ECB President Draghi refrained from signaling that any new measures are needed to boost Euroland's recovery.
Read More
0 Comments | Join the Discussion