FX Daily

 

FX Daily
March 07, 2016 Posted by

The USD is trading firmer with the market in modest risk off mode after China’s NPC ended with slight disappointment. 

 
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FX Daily
March 03, 2016 Posted by

The dollar traded softer against the majors and EM & commodities based currencies continue to outperform. 

 
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FX Daily
February 29, 2016 Posted by

FX has been pulled in different directions this morning and the G20 meeting ended with no concrete measures. 

 
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FX Daily
February 26, 2016 Posted by

FX markets continue in risk on mode as crisis concerns fade with equities, oil ($33) and commodities are on the upswing. 

 
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FX Daily; FX Outlook; Asia
February 24, 2016 Posted by

Overview

  • The onshore RMB fix came out almost 1% stronger on Feb 15, 2016 at 6.5118.  After the fixing, RMB continued its rally to 6.4950 – making it the biggest one day gain in 10 years.
  • PoBC Governor Zhou pushed back on expectation of a sharp devaluation and tightened capital controls. 
  • Downgrading of Fed hike expectation and additional quantitative easing by Bank of Japan (BoJ) and European Central Bank (ECB) suppress G3 rates outlook which in turn may give some much needed breathing room for the RMB.     
  • Capital outflow remains a key concern that could exasperate further currency weakness.  The saving grace is what still looks like a healthy trade surplus.  
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FX Daily
February 22, 2016 Posted by
Risk appetite returns as oil prices rockets over 7% and equities rally with bank and energy stocks outperforming.
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FX Daily
February 17, 2016 Posted by
Risk returns despite a shaky Asia session.
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FX Daily
February 10, 2016 Posted by

Foreign exchange volatility climbed to the highest level since 2012 as Federal Reserve....

 
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FX Daily
February 08, 2016 Posted by

Many Asian markets are closed this week due to Chinese New Year. The yen strengthened...

 
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FX Daily
February 05, 2016 Posted by
Risk appetite has diminished this morning following the release of the weaker US jobs data.
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