FX Daily

 

FX Daily
October 01, 2015 Posted by

The Greenback traded softer ahead of the main event tomorrow (NFP +201K consensus).  Stocks are slightly lower S&P -0.3%, Tsy yields are flat 10yr 2.01% and commodities are sideways. The focus today is Japan, where the widening of opinions for further QE has taken a toll on the Yen.  BOJ deputy Iwata’s c

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FX Daily
September 30, 2015 Posted by
Risk appetite returns but the market is still subject to wild mood swings.
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FX Daily
September 29, 2015 Posted by
Wax on wax off!   Markets are torn over the Fed’s indecision on rates and the USD has whipsawed as a result
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FX Daily
September 28, 2015 Posted by
FX markets remain choppy with equities selling off sharply.
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FX Daily
September 23, 2015 Posted by
The risk-off tone from yesterday carried through to the start of the overnight session, with softer than expected Chinese manufacturing PMI data contributing to the negative tone, as the preliminary....
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FX Daily
September 21, 2015 Posted by
We saw some further conflicting messages from a couple of central bank officials over the weekend which did little to clarify the situation....
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FX Daily
September 17, 2015 Posted by
The US FED kept rates unchanged at 0.25%. It was a 9-1 vote with Lacker (hawk) being the dissenter.
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FX Daily
September 17, 2015 Posted by
The Federal Open Market Committee concludes its 2 day policy meeting today. While the probability of a rate hike as implied by interest rate futures contracts is roughly 34%, economists are split roughly 50/50 as to whether or not the Fed will hike today for the first time since 2006 .
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FX Daily
September 16, 2015 Posted by
The Federal Open Market Committee begins its 2 day policy meeting today, in what is for market participants one of the most uncertain central bank meetings in recent history. As of this morning, the probability of a rate hike tomorrow is roughly 32% and the current backdrop is one of mixed US data, a strong USD, and the risk of a slowdown in China.
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FX Daily
September 15, 2015 Posted by
The USD is firmer on the back of rising US yields (10yr Tsy 2.22% +4bps) and higher S&P +0.8%.
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