FX Daily

 

FX Daily
April 24, 2015 Posted by
The Nasdaq is trading firmly higher this morning after a posting a record close yesterday. The index is currently nearly 4 times higher than the March 2009 lows.
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FX Daily
April 22, 2015 Posted by
ECB executive board member Benoit Coeure told Greek reporters with Kathimerini newspaper that Greece’s departure from the euro was “out of the question.” Coeure also mentioned that introducing capital controls are not a “working assumption”.
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FX Daily
April 21, 2015 Posted by
The ECB is considering reining in emergency lending to Greek banks by adjusting the discount applied to securities posted as collateral. Formal discussions to this effect have not yet taken place with the Governing Council, but a move to adjust haircuts may occur if Greek leaders are unable to present a convincing plan for reform and debt repayment to the ECB in the near term.
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FX Daily
April 14, 2015 Posted by
The USD is weaker today against most of the majors after a lower-than-expected U.S. retail sales report earlier in the day.  The undertone for the market is one of a more passive Fed via their anticipated 2015 rate hikes (later in the year than previously expected).
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FX Daily
April 13, 2015 Posted by
The USD is stronger for a third day as further signs of a cooling in China’s economy highlighted the opposite trajectory of the world’s two largest economies.
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FX Daily
April 10, 2015 Posted by
The dollar strengthened to end the week, heading toward its biggest weekly advance since 2011.
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FX Daily
April 09, 2015 Posted by
Currencies in Europe are mostly lower today after the Fed minutes yesterday indicated that some FOMC members had suggested a potential June rate hike.
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FX Daily
April 07, 2015 Posted by
The U.S. dollar halted its slide and is trading stronger against most G10 currencies this morning.
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FX Daily
April 06, 2015 Posted by
The euro advanced for a fourth day, as Greece’s Finance Minister Varoufakis reiterated that his nation will make the payment of about 450 million EUR ($494 million) due at the end of the week.
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FX Daily
April 02, 2015 Posted by
Market liquidity is falling as many participants gearr up for long holiday weekend. The dollar fell for a second day....
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