FX Daily

 

FX Daily
April 07, 2016 Posted by

USDJPY’s free fall continues as the pair slipped below 107.80 despite efforts to talk down the Yen by various MOF officials. 

 
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FX Daily; Asia
April 07, 2016 Posted by

Overview
- China’s Official Manufacturing PMI in March took a positive turn for the first time in months. 
- CNH offshore overnight funding dipped into negative rate in response to reserve requirement change. 
- USD is caught in a crossfire between dovish comments from Janet Yellen and another solid non-Farm Payroll.  
- CNY and other EM currencies continue to benefit from softer dollar and dovish G3 rates.  

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FX Daily
April 06, 2016 Posted by

The dollar has traded mixed ahead of the FOMC minutes (2pm EST), although it is weaker against most majors so far. 

 
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FX Daily
April 05, 2016 Posted by

Risk aversion mode returns with global equities and bond yields all lower and the dollar got dragged down with it. Maybe it’s a combination of Yellen’s cautious approach from last week or Lagarde’s gloomy outlook on global growth, jobs, inflation and high debt. In these circumstances, USDJPY and JPY crosses were hit

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FX Daily
April 04, 2016 Posted by
The dollar traded mixed this morning with equities flat and bond yields up 2bps in the 10’s.
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FX Daily
March 30, 2016 Posted by

Yellen’s dovish speech yesterday saw the rates curve get repriced again with the futures market implying just 20bps hike for the whole 2016. 

 
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FX Daily
March 29, 2016 Posted by

The dollar has been mixed so far with lower equities (S&P -0.4%) and crude oil trading down -3.3%. 

 
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FX Daily
March 28, 2016 Posted by
FX volumes are lighter given the extended Easter holiday in UK, Europe and Australia.
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FX Daily
March 18, 2016 Posted by
March madness in the FX markets subsided after a busy week with back to back to back central bank decisions.
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FX Daily
March 16, 2016 Posted by

The USD is higher across the board this morning, but volumes remain light ahead of the FOMC at 2pm. 

 
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