5 Reasons Behind Today’s Big Forex Moves Daily FX Market Roundup 10.19.17 It was an exceptionally active day in the foreign exchange market with many major currency pairs unwinding Wednesday’s moves. A confluence of factors …
Yields, Risk Appetite Drive Currencies Higher Daily FX Market Roundup 10.18.17 Most of the major currencies traded higher today including the U.S. dollar. Ten-year bond yields are up more than 3bp across the globe with …
Market Drivers October 18, 2017 Dollar makes fresh weekly highs UK Wage data not enough for GBP Nikkei 0.13% Dax 0.41% Oil $52/bbl Gold $1279/oz. Europe and Asia: GBP UK Average Wage Gain 2.1% vs. …
More Losses in Store for GBP? Daily FX Market Roundup 10.17.17 By Kathy Lien, Managing Director of FX Strategy for BK Asset Management It should be no surprise to our readers that sterling is on …
Market Drivers October 17, 2017 Dollar stronger across the board UK CPI misses MPC members tilt dovish Nikkei 0.38% Dax 0.04% Oil $52/bbl Gold $1289/oz. Europe and Asia: GBP UK CPI 2.7% vs. 2.7% EUR …
GBP – Will Hope for BoE Overshadow Brexit? Daily FX Market Roundup 10.16.17 By Kathy Lien, Managing Director of FX Strategy for BK Asset Management There was very little movement in currencies on Monday and …
Market Drivers October 16, 2017 Chinese inflation hotter Catalonia, Brexit talks on deck Nikkei 0.69% Dax 0.07% Oil $52/bbl Gold $1302/oz. Europe and Asia: CNY CPI 0.5% vs. 0.4% North America: No Data FX markets …
Dollar, Another Challenging Week Ahead Daily FX Market Roundup 10.13.17 After rising for 4 weeks straight, U.S. dollar bulls have lost control. The greenback sold off against all of the major currencies, losing nearly 2% …
Market Drivers October 13, 2017 Cable heads higher China Trade Balance misses Nikkei 0.98% Dax 0.02% Oil $51/bbl Gold $1294/oz. Europe and Asia: CNY Trade Balance 28 vs, 38 North America: USD CPI 8:30 USD …
Last Chance for the Dollar to Rally Daily FX Market Roundup 10.12.17 It has been a challenging week so far for the U.S. dollar. The greenback lost its value gradually against all of the major …