FX Daily

 

FX Daily
April 07, 2015 Posted by
The U.S. dollar halted its slide and is trading stronger against most G10 currencies this morning.
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FX Daily
April 06, 2015 Posted by
The euro advanced for a fourth day, as Greece’s Finance Minister Varoufakis reiterated that his nation will make the payment of about 450 million EUR ($494 million) due at the end of the week.
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FX Daily
April 02, 2015 Posted by
Market liquidity is falling as many participants gearr up for long holiday weekend. The dollar fell for a second day....
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FX Daily
April 01, 2015 Posted by
The dollar declined after unexpectedly weak U.S. economic reports renewed speculation that the Federal Reserve is in no hurry to raise interest rates. Greece meanwhile threatened to default on its IMF repayment, due next week.
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FX Daily
March 30, 2015 Posted by
The euro dropped as Greece sought to persuade creditors to accept proposed economic reforms and release financial aid before it runs out of funding.
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FX Daily
March 25, 2015 Posted by

The USD fell against most currencies again today as its post Fed re-pricing continued. The statement accompanying last week’s Fed meeting was more dovish than the market anticipated. Today’s weak durable goods release added to the USD selling pressure. 

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FX Daily
March 24, 2015 Posted by
San Francisco Fed President John Williams delivered prepared remarks in Sydney today stating U.S. policy tightening discussions should happen mid-year. Within the same text, U.S. growth forecasts for 2015 were lowered to 2.5% from 3.0%.
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FX Daily
March 23, 2015 Posted by
The USD while trading weaker today, is near multi-year highs and will likely continue to strengthen as the Fed normalizes policy. Loretta Mester, the Cleveland Fed president (non-voting member), said that inflation will rise back to the 2% target over time.
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FX Daily
March 18, 2015 Posted by
The USD is little changed ahead of the FOMC policy decision later today (2:00pm EDT).  Despite the USD Index hitting a 10-year high earlier in the week via speculation that the Fed will remove language describing its stance on rate increases as “patient”, many risks remain via the dollar’s rapid appreciation this year.
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FX Daily
March 17, 2015 Posted by
The USD is a bit weaker today off an anemic U.S. economic reports (housing starts), tempering the outlook for higher interest rates as the Fed begins their two-day policy meeting.
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