FX Daily

 

FX Daily
November 20, 2014 Posted by
The USD is somewhat flat vs. the majors (ex JPY) on limited news o/n.  The yen is again weaker today, touching 119.00 in Asia time, but settling down to its current 118.00 level.
Read More
0 Comments | Join the Discussion

FX Daily
November 19, 2014 Posted by
The markets were again focused on JPY o/n, as the yen dropped to a 7-yr low vs. the USD on speculation Japan’s Prime Minister Abe will win the early election, renewing his ongoing mandate to pursue simulative monetary policies and corresponding structural changes.
Read More
0 Comments | Join the Discussion

FX Daily
November 18, 2014 Posted by
The FX market again focused on Japan o/n as Prime Minister Abe called for an early election and announced the suspension of a planned sales-tax increase.  Abe also said he will dissolve parliament on Nov. 21.  JPY levels are relatively static despite hitting 117.00 o/n.  As a point of reference, JPY has now weakened by 7.3% in the past month.
Read More
0 Comments | Join the Discussion

FX Daily
November 17, 2014 Posted by
The week starts with a major surprise in Japan o/n, as its economy unexpectedly sank into recession in Q2.  JPY is little changed vs. the USD this morning, but equity markets in Asia reacted negatively on the news.  The U.S. equity markets are opened slightly lower this morning, with Europe closing flat.
Read More
0 Comments | Join the Discussion

FX Daily
November 14, 2014 Posted by
The dollar rose to a seven-year high versus the yen after a report showed broad-based gains in retail sales, boosting optimism growth in the U.S. economy is gathering...
Read More
0 Comments | Join the Discussion

FX Daily
November 13, 2014 Posted by
Broad US Dollar weakness was the main theme from the overnight session, with the greenback losing ground against most majors
Read More
0 Comments | Join the Discussion

FX Daily
November 12, 2014 Posted by
Britain's pound slouched towards recent 14-month lows against the dollar as investors pushed back rate-hike expectations to the fourth quarter of 2015 after....
Read More
0 Comments | Join the Discussion

FX Daily
November 10, 2014 Posted by
The U.S. dollar continues its long term march higher. Relative economic growth and monetary policy divergence against other economic regions argue strongly for further U.S. dollar appreciation.
Read More
0 Comments | Join the Discussion

FX Daily
November 07, 2014 Posted by
Despite another strong employment report, the U.S. dollar retreated this morning against most of its counterparts.
Read More
0 Comments | Join the Discussion

FX Daily
November 06, 2014 Posted by
Currencies in Europe took another hit today, after ECB President Draghi stated that policy makers are committed to the stimulus program and would implement additional measures if needed.
Read More
0 Comments | Join the Discussion