Daily FX Market Roundup 03.05.15 Dollar – What Worries Us About NFPs Euro Hits Fresh 11.5 Year Lows, QE Begins March 9th CAD – Dismisses Stronger IVEY PMI NZD Crushed by RBNZ AUD – Pressured by Weaker GDP Forecast for China EUR/GBP Hits Fresh 7 Year Lows Dollar – What Worries Us About NFPs The U.S. dollar traded higher against all of the major currencies ahead of Friday’s non-farm payrolls report. This price action suggests that investors are looking for a strong jobs number to reinforce their view that the Federal Reserve will raise interest rates in June. We are continually surprised by this aggressive forecast because there has been more deterioration than improvement in the economy over the l...
March 6th, 2015 - Market Drivers March 6, 2015 ESM Regling - Greece must pay its loans in full - sends EUR/USD below 1.1000 again BOE Inflation report 1.9% vs. 2.5% sends cable below 5200 Nikkei 1.17% Europe -0.01% Oil $51/bbl Gold $1193/oz. Europe and Asia: AUD AIG Construction 43.9 vs. 45.9 EUR GDP ...
March 5th, 2015 - Daily FX Market Roundup 03.05.15 Dollar – What Worries Us About NFPs Euro Hits Fresh 11.5 Year Lows, QE Begins March 9th CAD – Dismisses Stronger IVEY PMI NZD Crushed by RBNZ AUD – Pressured by Weaker GDP Forecast for China EUR/GBP Hits Fresh 7 Year Lows Dollar – What Worries Us A...
March 3rd, 2015 - Daily FX Market Roundup 03.03.15 Where to Buy USD/JPY CAD: What to Expect from the Bank of Canada AUD Soars after RBA Leaves Rates Unchanged NZD: Dairy Prices Continue to Rise GBP: So Far Two out of Three… Euro: More Green Shoots Where to Buy USD/JPY With very little U.S. data on the...
September 10th, 2012 - In the first week of September the European Central Bank lit the EUR/USD on fire with its latest acronym to save the euro – OMT, short for “Outright Monetary Transactions.†For most investors, OMT is just another ingredient in the central bank’s alphabet soup which already ...
