FX Daily

 

FX Daily
August 20, 2014 Posted by
The strong dollar landscape continues today as the USD is now at an 11-month high versus the EUR.  The USD Index against a basket of major currencies has now gained 1.6% in the past month.  A major catalyst of the USD’s move this week has been focused on the possibility of higher interest rates in the near future.
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FX Daily
August 19, 2014 Posted by
The USD is trading at its strongest level versus the EUR (9-month high), after a very bullish housing report was released this morning.  Housing starts jumped 15.7% in July (highest in 8 months), adding to the theme that the U.S. economy continues to gain traction.  While the healthy report is significant, the USD is expected to remain somewhat range bound until the Fed begins sending out signals of tightening.
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FX Daily
August 18, 2014 Posted by
The USD continues to strengthen versus the EUR after a bullish housing market report this morning for the month of August.  The dollar is now trading at a 7-month high against the EUR, as a result of the accelerating U.S. economic landscape.
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FX Daily
August 15, 2014 Posted by
The greenback fell again today against most currencies after the PPI report, which indicated that inflation remains soft.
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FX Daily
August 14, 2014 Posted by
The dollar dropped for a second day despite weak numbers coming from Europe.
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FX Daily
August 13, 2014 Posted by
The doll fell against most major currencies this morning after the release of retail sales, which showed little changed in July.
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FX Daily
August 12, 2014 Posted by
The dollar is stronger today against most currencies as weak news in Europe and the Pacific reduced optimism in the region.
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FX Daily
August 11, 2014 Posted by
The major currencies are trading relatively flat against the dollar to start the week, as there are little economic news to stir any volatility.
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FX Daily
August 08, 2014 Posted by
Geopolitical risk and uncertainty control the FX markets as of late.   The US President Obama authorized overnight air strikes against IS militants should they approach Kurdistan’s capital,
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FX Daily
August 07, 2014 Posted by
The dollar continues to march higher. Today, the European Central Bank President Mario Draghi signaled monetary policy will diverge from the U.S. for an extended period of time.
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