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FEATURED_-Cracked100OneHundredDollarBill
April 29th, 2016

Hoping for Bottom in Dollar? Don’t Bank on Payrolls Daily FX Market Roundup 04.28.16 It has been a very difficult week month for the U.S. dollar, which traded lower against nearly all of the major currencies. Investors completely disregarded the tinge of optimism about global markets in the FOMC statement and according to the Fed fund futures strip they still don’t think the central bank will be able to pull off a rate hike this year. The U.S. is releasing non-farm payrolls next week and traders shouldn’t expect that report or the two ISM numbers to provide much support for the greenback. Even though the abundance of Fed Presidents including 2 FOMC voters are likely to say that June is a live meeting, rate...

April 27th, 2016 - Market Drivers April 27, 2016 AU CPI misses big UK GDP in line - relief for cable Nikkei -0.04 Dax -0.58% Oil $44/bbl Gold $1246/oz. Europe and Asia: AUD AU CPI -0.2% vs. 0.2% GBP UK GDP 0.4% vs. 0.4% GBP UK Index of Services 0.7% vs. 0.8% North America: USD Pending Homes Sales 10:...

April 29th, 2016 - Hoping for Bottom in Dollar? Don’t Bank on Payrolls Daily FX Market Roundup 04.28.16 It has been a very difficult week month for the U.S. dollar, which traded lower against nearly all of the major currencies. Investors completely disregarded the tinge of optimism about global markets in th...

April 28th, 2016 - Did Yen Traders Overreact or is USD/JPY 105 Next? Daily FX Market Roundup 04.28.16 It took no more than 3 minutes for USD/JPY to fall 300 pips with the sell-off spilling over to the yen crosses. The meltdown in USD/JPY was driven by the Bank of Japan’s failure to add stimulus and indicat...

December 24th, 2015 - British Pound and the Defining Issues for 2016 By Kathy Lien, Managing Director for BK Asset Management 2016 will be a defining year for the British pound – a year when politics will overshadow economics. Considering that sterling ended the year near 7 month lows against the U.S. dollar, so...

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