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China – How Much Trouble for FX?
China – How Much Trouble for FX? Daily FX Market Roundup May 22, 2020 China is once again a hot spot for geopolitical uncertainty and social unrest. This week China unveiled a plan to take …
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Markets Wary as US-China Tensions Escalate
China make a poer grab for HK UK data all worse Nikkei -0.80% Dax -0.69% UST 10Y 0.65 Oil $32/bbl Gold $1733/oz BTCUSD $9089 Asia and the EU GBP UK Retail Sales -18% vs. -15% …
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FX: China Worries Challenge Early Signs of Global Recovery
FX: China Worries Challenge Early Signs of Global Recovery Daily FX Market Roundup May 21, 2020 The US dollar traded higher against all of the major currencies today but its gains were modest as investors …
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All Eyes on US Weekly Unemployment Data
EZ PMI in line UK PMI data beats Nikkei 0.21% Dax -1.13% UST 10Y 0.67 Oil $34/bbl Gold $1733/oz BTCUSD $9363 Asia and the EU EUR EZ PMI 30.5 vs. 32 GBP UK PMI 27.8 …
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Recovery Signs Encourage Safe Haven Flows Out of Dollar
Recovery Signs Encourage Safe Haven Flows Out of Dollar Daily FX Market Roundup May 20, 2020 The US dollar is trading lower against all of the major currencies this morning. Stocks and 10 year Treasury …
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Tide Turning for EURO?
Tide Turning for EURO? Daily FX Market Roundup May 19, 2020 Most of the major currencies powered higher today even though stocks gave up part of Monday’s gains. USD/JPY rose above 108 but ended the …
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Risk On Rally Stalls -Again; Euro to 1.10?
Risk flows zig zag EU rescue fund quells fears Nikkei 1.49% Dax -0.40% UST 10Y 0.705% Oil $31/bbl Gold $1735/oz BTCUSD $9774 Asia and the EU EUR EU ZEW 51 vs. 32 North America Open …
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Currencies Rally as Stocks Soar on Vaccine, Powell Optimism
Currencies Rally as Stocks Soar on Vaccine, Powell Optimism Daily FX Market Roundup May 18, 2020 Investors have a number of reasons to feel optimistic at the start of this new trading week and their …
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FX Flat but Stocks, Oil and Gold Soar
FX flat Powell boosts risk Nikkei 0.48% Dax 2.71% UST 10Y 0.645% Oil $31/bbl Gold $1762/oz BTCUSD $9551 Asia and the EU No Data North America Open No Data It’s been nothing but risk on …
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Dollar Shrugs Off Weak Data as May Indicators Signal Bottom
Dollar Shrugs Off Weak Data as May Indicators Signal Bottom Daily FX Market Roundup May 15, 2020 The news flow in the last 24 hours has been decidedly negative with US retail sales falling more …