FX Daily

 

FX Daily
January 12, 2015 Posted by
Debate is intensifying in Europe ahead of their January 22 policy meeting over calls to introduce quantitative easing. Draghi will make arguments in favor of QE at a conference in Berlin on January 14, the same day the European Court of Justice in Luxembourg will announce a non-binding legal opinion of a previously announced but never used plan to purchase bonds under a program known as Outright Monetary Transactions. While many central banks globally have the mandate to undertake quantitative easing, its legality within Europe is unclear.
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FX Daily
January 08, 2015 Posted by
The euro is sliding again and has yet to find a bottom as a German report indicated that industrial production fell 0.6% in November from a year earlier.
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FX Daily
January 07, 2015 Posted by
The euro took another tumble this morning after a report showed that inflation in the region fell more than expected.
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FX Daily
January 06, 2015 Posted by
The yen gained for a second day as traders are looking for a second haven with the U.S. dollar.
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FX Daily
January 05, 2015 Posted by
The euro weakened to almost a 9-year low against the U.S. dollar amid investor concern that Greece may be leaving the EU and on speculation that a large scale program of asset purchase by the ECB is nearing.
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FX Daily
December 30, 2014 Posted by
This will likely be the last daily report for the year. The yen appreciated versus all of its 16 major peers except Brazil’s real as the Bank of Japan said it will increase the length of maturity of the government bonds it buys.
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FX Daily
December 22, 2014 Posted by
Not surprisingly, there is very little to highlight this morning as the market has pretty much shifted into full-on holiday mode.  Risk appetite looks to be starting
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FX Daily
December 18, 2014 Posted by
The market is noticeably calmer this morning in the wake of yesterday's FOMC meeting
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FX Daily
December 17, 2014 Posted by
The dollar climbed higher in the morning session ahead of the FOMC meeting announcement as traders are expecting the Federal Reserve to remain the course.
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FX Daily
December 16, 2014 Posted by
The fall of the ruble is certainly creating a lot of volatility in the markets today.
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