FX Daily

 

FX Daily
June 18, 2015 Posted by
Broad based USD squeeze continues.  It seems the Fed is taking a more prudent approach with the ongoing Greek negotiation, setting a higher data bar for the first rate hike. 
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FX Daily
June 17, 2015 Posted by
Market is not expecting explicit comments for the first rate hike but expecting the Fed dots to shift lower.  Immediate focus will probably be on the end-2015 median
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FX Daily
June 16, 2015 Posted by
Greek Bank deposit outlfows this month said to be 2B euros.  Looking ahead, Eurogroup meeting this Thurs in Luxembourg. European Council President Donald Tusk.....
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FX Daily
June 15, 2015 Posted by
After negotiations fall apart after only 45 minutes this weekend, significant difference remains between Greece, the European commission and the IMF surrounding fiscal responsibility and the budget. Headlines highlight....
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FX Daily
June 11, 2015 Posted by
The USD is stronger today, first time in four trading days, as strong U.S. consumer demand (retail sales for May rose 1.2%) is further supporting the Fed’s plans to increase rates later in the year.
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FX Daily
June 08, 2015 Posted by
The USD has drifted weaker vs. the EUR via rumored comments by U.S. President Obama at the G-7 conference in German today.  Obama later denied the rumors in his official news conference.
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FX Daily
June 03, 2015 Posted by
The EUR is trading modestly higher and European fixed income securities remain under pressure as a confluence of events is pointing towards better days ahead for the regional economic outlook. Progress is being made on negotiations with Greece on unlocking bailout funds, EMU inflation surprised to the upside, and the QE program appears to be having positive effects on the economy.
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FX Daily
June 02, 2015 Posted by
Officials met in Berlin to discuss a final compromise to the debt troubles plaguing Greece. The FT reported that the focus of the Commission was on drafting a technical paper that would be presented to Tsipras for a “quick reaction” and not to present it as an ultimatum “take it or leave it.”
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FX Daily
May 29, 2015 Posted by
The dollar is closing out the week with a nice gain despite a lower revised GDP print this morning.
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FX Daily
May 28, 2015 Posted by
With little economic news to drive the markets, it looks like the greenback is still riding the upward trend against most of the G10 counterparts.
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