Daily FX Market Roundup 01.30.15 Will the Dollar Stand Up to the Test? Busy Week Ahead Euro Sinks After Greece Rejects Troika Why USD/CAD Could Reach 1.30 NZD Hits 4 Year Lows AUD: Big Week Ahead Will Sterling Hold 1.50? Will the Dollar Stand Up to the Test? Busy Week Ahead The first month of the year is always expected to be busy but few market participants anticipated this January’s big moves. The euro, Swiss Franc, Australia and New Zealand dollars saw changes in excess of 5%, which is typically a fluctuation that you would expect over 3 to 6 months and not 1 month. Compared to last year for example, the average change in the major currencies during the month of January was approximately 1.5% whereas...
January 30th, 2015 - Market Drivers January 30, 2015 AUD PPI at 0.1% vs. 0.3% but Aussie holds lows as RBA cut debated Euro stages rally Nikkei 0.39% Europe -.69% Oil $45/bbl Gold $1262/oz. Europe and Asia: AUD PPI 0.1% vs. 0.3% EZ Core CPI -0.6% vs. -0.5% EZ Unemployment rate 11.4% vs. 11.5% North A...
January 30th, 2015 - Daily FX Market Roundup 01.30.15 Will the Dollar Stand Up to the Test? Busy Week Ahead Euro Sinks After Greece Rejects Troika Why USD/CAD Could Reach 1.30 NZD Hits 4 Year Lows AUD: Big Week Ahead Will Sterling Hold 1.50? Will the Dollar Stand Up to the Test? Busy Week Ahead The first ...
January 29th, 2015 - Daily FX Market Roundup 01.29.15 Buying Dollars is Still the Best Bet in Global Currency War The Only Reason EURO is Rising AUD Hit Hard by Rate Cut Talk USD/CAD Hits New Highs on Lower Oil NZD Extends Losses Post RBNZ Sterling Pulls Back on Dollar Demand Buying Dollars is Still the Best ...
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 ...
