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August 30th, 2016

USD/JPY Breaches 103 as Traders Snap up Dollars Daily FX Market Roundup 08.30.16 The divergence in currencies on Monday was short-lived as investors snapped up U.S. dollars ahead of Friday’s labor market report. The greenback traded higher against all of the major currencies with USD/JPY rising more than 1% intraday. House prices continued to increase in the month of June according to S&P CaseShiller but the big story was consumer confidence, which rose to its strongest level since September 2015. These positive reports along with Monday’s personal income and spending data helped provide momentum for the dollar’s rally. Key resistance levels are still being tested and it may take another few days before th...

August 31st, 2016 - Market Drivers August 31, 2016 Hamada suggests buying foreign CCY bonds EUR German employment better Nikkei 0.97% Dax -0.08% Oil $46/bbl Gold $1315/oz. Europe and Asia: AUD Private Sector Credit 0.4% vs. 0.4% EUR GE Retail Sales 1.7% vs. 0.4% EUR GE Employment -7K vs. -5K eyed EUR CPI ...

August 29th, 2016 - Dollar Picks Up Steam, Divergences Seen Daily FX Market Roundup 08.29.16 Divergences are beginning to appear in the forex market with the U.S. dollar extending its gains versus some currencies and losing traction against others. More specifically while EUR/USD and GBP/USD continued to fall, US...

August 30th, 2016 - USD/JPY Breaches 103 as Traders Snap up Dollars Daily FX Market Roundup 08.30.16 The divergence in currencies on Monday was short-lived as investors snapped up U.S. dollars ahead of Friday’s labor market report. The greenback traded higher against all of the major currencies with USD/JPY ri...

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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