FX Daily

 

FX Daily
October 23, 2013 Posted by
Asian stocks were down early driven by a jump in money market rates in China. The threat of tighter liquidity and higher rates in China lowered the Canadian loonie and Australian dollar, and the kiwi dived over 1.5% against the dollar.
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FX Daily
October 22, 2013 Posted by
The dollar took a hit after the government released several key employment data delayed by the shutdown. Job growth was below expectations, and revisions for the two previous months were essentially a wash.
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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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