Insights

 

FX Daily
September 30, 2013 Posted by
The Japan yen is stronger today vs. the USD via risk trading as political wrangling about the U.S. budget threatened a partial government shutdown tomorrow, boosting demand for safer assets.
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CIO Vantage Point
September 27, 2013 Posted by
Congress is working, home prices are rising, and GM is improving.
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FX Daily
September 27, 2013 Posted by
The dollar weakened amid the budget and debt wrangling in Washington. The U.S. Senate is expected to vote today on a "clean" spending bill that would omit the defunding of Obamacare, which would need House approval before going to the President.
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FX Daily
September 26, 2013 Posted by
Equities rallied on GDP data that the U.S. accelerated growth in Q2 to 2.5 percent from 1.1 percent in Q1. The dollar strengthened again with very little economic news coming from abroad. However, the U.K. reported GDP growth increased 1.3 percent in the second quarter from a year earlier.
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FX Daily
September 25, 2013 Posted by
The euro and pound advanced against the dollar on solid sales data in the U.K. and continued concern that budget talks in Washington may result in a government shutdown. Both currencies are threatening to trade near a 7-month high as optimism for recovery in the euro region has grown.
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Advisories
September 24, 2013 Posted by

The Fed's decision in September not to scale back bond purchases will support the markets in the short term, but could have long term consequences.  This regular review of Fed activity discusses the market's reaction to the non-taper as well as the potential for Fed action in the near future.

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FX Daily
September 24, 2013 Posted by
The dollar gained early on speculation that the Federal Reserve may still taper, given comments made by a handful of Fed Bank Presidents. Both the euro and pound weakened accordingly. The market is still looking for more clues from policy makers regarding its direction and will be focusing again on the next payroll numbers.
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FX Daily
September 23, 2013 Posted by
The big story was that Chancellor Merkel won a decisive vote for a third term, and is expected to form a coalition with the Social Democratic Party (SPD). As a result, market participants expect that the political and economic direction in the euro-region will stay the course. In the Pacific, the Australian dollar climbed against most of the majors on good manufacturing data from China.
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