FX Daily

 

FX Daily
January 15, 2016 Posted by
The market is again in risk off mode as stocks and commodities are on the skids and FX is reacting to some of that panic.  
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FX Daily
January 14, 2016 Posted by
Volatility remains the name of the game with market sentiment shifting abruptly.
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FX Daily
January 13, 2016 Posted by

China has set a positive tone with a stable CNY fix (6.5630) and better than expected trade data.

 
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FX Daily
January 12, 2016 Posted by

Markets are calmer this morning with stocks and commodities on the rebound and anti-risk currencies i.e. EUR, CHF and JPY are weaker on the day. 

 
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FX Daily
January 11, 2016 Posted by
FX markets continue to shift with risk sentiment and overnight was another wild ride.
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FX Daily
January 08, 2016 Posted by
China injected more medicine overnight and together with a stronger US employment report, markets have stabilized with a rebound in stocks, oil and USD.
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FX Daily
January 07, 2016 Posted by

Risk mitigation remains the name of the game and safe haven currencies such as the JPY and now CHF and EUR have been the benefactors. 

 
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FX Daily; Asia
January 06, 2016 Posted by

RMB Overview

  • Chinese equity plunge on the pending end of share sales ban by major stakeholders. 
  • Fear of further capital outflow and continuous weakness seen in macro data has sent the Chinese currency into a nosedive
  • Further depreciation in CNY is a consensus view on the street.  In light of broad-based USD strength and greater willingness by the State to see a weaker currency, 5% -7% depreciation seems attainable.  
  • CNH ended 2015 at 6.5688; so far 2016 high at 6.7319
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FX Daily
January 06, 2016 Posted by
Risk aversion mode continues and the USD is higher against most pairs, although currencies have taken a back seat compared to equities and commodities.
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FX Daily
January 05, 2016 Posted by
Markets are a little calmer this morning, but investors remain cautious after yesterday’s sell off.  

 

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