FX Daily

 

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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FX Daily
August 06, 2014 Posted by
Overnight markets traded poorly and the demand for the USD rose as tensions continued to rise in Russia. A NATO spokesperson commented on the risks of the military buildup on the Ukrainian border, triggering further selling across risk assets.
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FX Daily
August 05, 2014 Posted by
The Dollar Spot Index traded at almost its highest level in five months as signs of economic revival in the U.S. increased Treasury yields over those of their developed-market counterparts to the most in four years last week.
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FX Daily
August 04, 2014 Posted by
US growth is showing long-awaited signs of warming up, including sustained labor market improvement, as we enter the dog days of August.
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FX Daily
July 10, 2014 Posted by
Global equity markets are under pressure on concerns that Portugal is experiencing financial stress, with Portuguese 10 year notes yielding 20 basis points more than yesterday. U.S. treasuries, gold, and the JPY are rallying as safe havens.
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FX Daily
July 09, 2014 Posted by

The markets are awaiting the release of the FOMC minutes today for insights into the Fed’s sentiment on the economy and the timing of the first rate hike. In June the FOMC updated forecasts for unemployment, inflation, and the Fed Funds rate that indicated members were becoming more optimistic about the U.S. economic outlook.

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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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