FX Daily

 

FX Daily
September 01, 2015 Posted by
The new month begins with more volatility via global manufacturing reports, all pointing to lower output and a possible global slowdown.  O/n equities all traded lower starting in Asia following China posted their PMI report for August falling below the key 50.0 level (3yr low).  European stocks followed lower after posting their own weakening PMI report, followed by the U.S. opening quickly lower (nearly 2 percent) via lower manufacturing reports in the U.S.
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FX Daily
August 31, 2015 Posted by
The week opens with elevated opinions surrounding the Fed’s possible rate hike at their next meeting on 9/17.  Last week’s Jackson Hole symposium attended by the world’s leading central bankers added to the speculation surrounding the Fed’s next move.
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FX Daily
August 28, 2015 Posted by
The hectic week closes relatively quiet with the USD holding up vs. the majors via an economic report in the U.S. showing the consumer in July continues to be resilient/strong and corresponding incomes remain healthy, both adding to speculation the economy will remain strong despite China’s current slowdown.
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FX Daily
August 24, 2015 Posted by
The week opens with a new wave of selling in global markets as the rout in all but only the safest assets has deepened.  At the open this morning, U.S. stocks joined the selloffs in Europe and Asia, but later the S&P Index pared the worst of its losses by more than half as investors assess whether the current selling has gone too far, too fast.
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FX Daily
August 24, 2015 Posted by
The week opens with a new wave of selling in global markets as the rout in all but only the safest assets has deepened.  At the open this morning, U.S. stocks joined the selloffs in Europe and Asia, but later the S&P Index pared the worst of its losses by more than half as investors assess whether the current selling has gone too far, too fast.
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FX Daily
August 21, 2015 Posted by
It’s risk off in FX markets. The euro has remained the de facto haven currency as a risk-off theme continues in global financial markets.....
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FX Daily
August 20, 2015 Posted by
Kazakhstan is the latest country to relinquished control of its exchange rate in the latest sign emerging nations will stop defending their currencies after China roiled .....
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FX Daily
August 19, 2015 Posted by
The dollar is trading in the narrowest range in seven months as a lack of inflation pressure casts ...
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FX Daily
August 17, 2015 Posted by
Markets are starting the week off on a rather quiet note as investors look ahead to some of the key risk events later in the week and as concerns over Chinese
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FX Daily
August 14, 2015 Posted by
Currencies are a mixed bag this morning after another quiet trading session in Asia overnight.
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