FX Daily

 

FX Daily
July 08, 2014 Posted by
Greece resisted calls from the ECB to undertake a third bailout as Draghi warned that the pace of the nation’s economic fixes has slowed. According to reporters in Brussels, Greece is ruling out additional aid, which would come with new conditions, after the current rescue package comes to an end.
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FX Daily
July 07, 2014 Posted by
Global equities are trading lower today and yields on U.S. treasuries are trading higher as concern mounts about the timing of the Fed’s first rate hike.  U.S. inflation figures have crept higher, hitting the Fed’s 2% target, and the unemployment has fallen to 6.1%, below the Fed’s initial target of 6.5%.
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FX Daily
July 03, 2014 Posted by
The U.S. dollar is making decent gains today after the release of solid jobs report. The U.S. economy produced 288K jobs in the month of June, making it the fifth month of at least 200K in job gains
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FX Daily
July 02, 2014 Posted by
The U.S. dollar bounced back this morning after a strong report from ADP showed that the economy produced 281K jobs in the private sector last month.
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FX Daily
July 01, 2014 Posted by
The Australian dollar was the big winner today after the RBA kept its key interest rate at a record low of 2.5%, boosting the Aussie dollar to the highest level since November.
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FX Daily
June 30, 2014 Posted by
The dollar opened up mixed against the G10 to start a short week due to the Fourth of July holiday on Friday.
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FX Daily
June 25, 2014 Posted by
The dollar fell to a one-month low after reports showed durable-goods orders in May unexpectedly fell and the economy contacted more than estimated in the first quarter...
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FX Daily
June 24, 2014 Posted by
Price swings(volatility) in the dollar against the yen measured by options fell to a record low as signs of an uneven U.S. economic recovery fueled bets the Federal Reserve will keep borrowing costs.......
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FX Daily
June 23, 2014 Posted by
Many believe the data will show U.S. output and new home sales slowed, supporting the case for the Federal Reserve to hold rates near zero.
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FX Daily
June 19, 2014 Posted by

The USD has dropped to a one-month low today vs. the majors as a result of yesterday’s Fed announcement, as Chairman Yellen indicated the central bank will maintain interest rates near zero for a “considerable time”. 

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