Insights

 

FX Daily
February 26, 2014 Posted by
The USD gathered some strength overnight on speculation Fed Chair Yellen will reiterate the bank’s plan to cut the bond-buying program will continue at tomorrow’s Senate testimony. In addition, the USD was helped by... 
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FX Daily
February 25, 2014 Posted by
The JPY strengthened the most in more than a week as the speculation is growing for slower global economic growth. The Yuan dropped for a sixth day
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FX Daily
February 24, 2014 Posted by
The EUR is weaker today on speculation that falling consumer prices may prompt the ECB to add monetary stimulus. China’s Yuan extended its decline after the central bank lowered....
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FX Daily
February 21, 2014 Posted by
The week closes with the USD slightly lower after a weaker-than-expected existing home sales report in the U.S.  Sales of previously owned homes dropped in January to the lowest level in more than a year as harsh winter weather combined with a lack of supply, tight credit and declined affordability slowed demand.
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FX Daily
February 19, 2014 Posted by
Somewhat quiet FX market conditions prevail today as the USD is little changed versus the majors. The yen is slightly weaker versus the USD as the market expects the BoJ current QE program will fall short of its 2% inflation goal.
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FX Daily
February 18, 2014 Posted by
The USD is trading weaker versus the majors (ex JPY) after yesterday’s U.S. holiday. The yen is slightly weaker o/n after the Bank of Japan (BoJ) boosted its lending programs and said it will maintain the current monetary easing program in its attempt to fight local deflation.
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Joe Morgan

CIO Vantage Point
February 14, 2014 Posted by
Yellen follows Bernanke, BOE follows the Fed, and the debt ceiling simply falls.
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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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