FX Daily

 

FX Daily
October 24, 2014 Posted by

The week closes with the USD slightly weaker across the board via confirmation of an Ebola diagnosis in New York o/n.  The FOMC meets next week to discuss monetary policy, and is expected to maintain its current .25% o/n rates.

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FX Daily
October 22, 2014 Posted by
The USD is benefitting from a positive inflation report this morning (up 0.1% in Sept) vs. the negative report in August (-0.2%).  The firmer than expected CPI announcement offsets the fear of s/t deflation setting into the economy going into the last quarter of the year.
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FX Daily
October 21, 2014 Posted by
The USD is stronger again today via speculation the ECB will further expand its stimulus program to bolster growth in the Euroland bloc.  The ECB was seen purchasing bonds for a second day as part of President Draghi’s plan to boost lending, and Reuters also reported the central bank is now considering corporate debt purchases.
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FX Daily
October 20, 2014 Posted by
The week opens on a quiet note, with the USD slightly stronger vs. the EUR (adding to the biggest weekly gain since April). The market continues to speculate the Fed’ pace for interest-rate increases despite the appearance of slowing global growth.
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FX Daily
October 10, 2014 Posted by
The dollar is closing the week on a high note, rallying strongly against all its counterparts on fears that global growth will underperform next year.
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FX Daily
October 09, 2014 Posted by
The dollar is trading a little lower today, after the FOMC minutes released yesterday commented that slowing global growth and a stronger currency were potential risks to the U.S. economy.
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FX Daily
October 07, 2014 Posted by
The euro weakened as German industrial production fell the most since 2009, declining 4% in August.
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FX Daily
October 06, 2014 Posted by
The dollar started the week slightly weaker, on very little economic news after the strong employment data last Friday.
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FX Daily
October 01, 2014 Posted by
The strong dollar theme continues, with the USD once again starting the day out higher against all of the majors
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FX Daily
September 30, 2014 Posted by
The trend remains your friend as the USD is once again grinding higher against most
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