FX Daily

 

FX Daily
October 21, 2013 Posted by
Now that the shutdown is over, it is expected that the government will begin releasing economic data in the coming days including all the jobs numbers. The dollar gained back a little ground against the majors,
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FX Daily
October 18, 2013 Posted by
The USD trades to an eight month low as the combination of the debt ceiling growth.....
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FX Daily
October 17, 2013 Posted by
The USD fell on concern the US debt debate will hamper growth. The USD also came under selling pressure after ......
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FX Daily
October 16, 2013 Posted by
The FX market is focused on Washington again. This morning, the USD gather strength as report say the Senate negotiators are "very close" to a deal on the debt limit extension on government funding bill.
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FX Daily
October 15, 2013 Posted by

 USD strength is theme of the day as we enter Day 15 of US shutdown. The USD is supported as optimism grows that Congress will reach some agreement on the US debt limit and the partial government shutdown.

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FX Daily
October 11, 2013 Posted by
Economists have voiced concerns that hitting the debt ceiling, even if funds were put aside to pay debt holders, would do harm to the U.S. economy.
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FX Daily
October 10, 2013 Posted by
The USD is trading stronger along with the global stock markets this morning after U.S. lawmakers signaled a willingness to increase the debt ceiling on a short term basis.
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FX Daily
October 09, 2013 Posted by
The U.S. Treasury has the ability to avoid a debt default if Congress fails to raise the debt ceiling, by directing tax proceeds to meet principal and interest payments on debt; Janet Yellen's Fed nomination is expected.
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FX Daily
October 08, 2013 Posted by
The IMF cut its global outlook for growth for the next two years as weak capital outflows hurt emerging markets. Global growth figures were revised to 2.9% for this year and 3.6% for next year from 3.1% and 3.8%.
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FX Daily
October 07, 2013 Posted by
The week opens with the USD trading in tight ranges (JPY stronger via risk-off sentiment) as markets remained concerned that U.S. lawmakers will fail to reach an agreement on the budget and now the approaching debt ceiling issue.
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