FX Daily

 

FX Daily
April 01, 2014 Posted by
Most global equity markets are trading higher today, with the S&P hitting a new record.  Meanwhile, treasuries are under pressure after U.S. manufacturing releases indicated continued growth. 
Read More
0 Comments | Join the Discussion

FX Daily
March 28, 2014 Posted by
The euro rose for the first time in four days versus the dollar after German consumer-price inflation slowed less than some traders anticipated
Read More
0 Comments | Join the Discussion

FX Daily
March 27, 2014 Posted by
The pound climbed for a fourth day versus the dollar as a report showing U.K. retail sales increased in February more than three times as much as economists forecast,  boosting demand for Britain’s currency
Read More
0 Comments | Join the Discussion

FX Daily
March 24, 2014 Posted by
The Chinese yuan climbed the most in more than two years as the central bank strengthened the reference rate for the first time in five days.
Read More
0 Comments | Join the Discussion

FX Daily
March 21, 2014 Posted by
The USD closes the week headed for its biggest weekly gain in nearly two months vs. the majors as many in the market believe the Fed is moving toward higher interest rates faster than previously expected.
Read More
0 Comments | Join the Discussion

FX Daily
March 20, 2014 Posted by
The USD continues to strengthen across the majors (two week high vs. the EUR) after yesterday’s Fed announcement signaled they’ll probably raise interest rates by the middle of next year.
Read More
0 Comments | Join the Discussion

FX Daily
March 19, 2014 Posted by
The Federal Reserve today announced that it is looking at a broad range of indicators in tying its benchmark interest rate decisions, and dropping the 6.5% unemployment threshold pledge.
Read More
0 Comments | Join the Discussion

FX Daily
March 19, 2014 Posted by
The USD is slightly stronger today ahead of the FOMC rate announcement and Fed President Yellen’s first official press conference.  The Fed is expected to further reduce its bond-buying stimulus program by $10 billion and link its guidance on when it will begin raising interest rates to a range of economic indicators.  The Fed announcement will be at 2:00pm eastern.
Read More
0 Comments | Join the Discussion

FX Daily
March 18, 2014 Posted by
The FX markets are relatively quiet despite Russian President Putin’s speech focusing on Ukraine and Crimea’s accession. The markets are interpreting Putin’s interest in Crimea won’t extend into other parts of eastern Ukraine, and sanctions by the EU and US will broaden to counter the situation.
Read More
0 Comments | Join the Discussion

FX Daily
March 17, 2014 Posted by
Global equity markets have rallied today via lowered investor concerns surrounding the Crimea situation as yesterday’s vote to leave Ukraine didn't leade to further turmoil and s/t uncertainty.
Read More
0 Comments | Join the Discussion