FX Daily

 

FX Daily
June 11, 2015 Posted by
The USD is stronger today, first time in four trading days, as strong U.S. consumer demand (retail sales for May rose 1.2%) is further supporting the Fed’s plans to increase rates later in the year.
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FX Daily
June 08, 2015 Posted by
The USD has drifted weaker vs. the EUR via rumored comments by U.S. President Obama at the G-7 conference in German today.  Obama later denied the rumors in his official news conference.
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FX Daily
June 03, 2015 Posted by
The EUR is trading modestly higher and European fixed income securities remain under pressure as a confluence of events is pointing towards better days ahead for the regional economic outlook. Progress is being made on negotiations with Greece on unlocking bailout funds, EMU inflation surprised to the upside, and the QE program appears to be having positive effects on the economy.
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FX Daily
June 02, 2015 Posted by
Officials met in Berlin to discuss a final compromise to the debt troubles plaguing Greece. The FT reported that the focus of the Commission was on drafting a technical paper that would be presented to Tsipras for a “quick reaction” and not to present it as an ultimatum “take it or leave it.”
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FX Daily
May 29, 2015 Posted by
The dollar is closing out the week with a nice gain despite a lower revised GDP print this morning.
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FX Daily
May 28, 2015 Posted by
With little economic news to drive the markets, it looks like the greenback is still riding the upward trend against most of the G10 counterparts.
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FX Daily
May 27, 2015 Posted by
The dollar is giving back some of its early morning gains as Greece once again dominates the headlines.
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FX Daily
May 26, 2015 Posted by
Improving data in the U.S. propelled the greenback to start the shortened week.
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FX Daily
May 21, 2015 Posted by
The overnight session was rather uneventful for the most part, with the USD coming under broad pressure against most currencies (likely a response to the FOMC minutes failing to deliver anything new yesterday), especially GBP
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FX Daily
May 20, 2015 Posted by
The dollar climbed to a two-month high versus the yen due to the higher yield U.S. government bonds offer over Japanese debt widened to the most this year.
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