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August 20th, 2014

Daily FX Market Roundup 08.20.14 Dollar Soars as FOMC Minutes Signal Potential Change EUR Drops to 11 Month Lows Why Hawkish BoE Minutes Failed to Drive GBP Higher NZD Drops to 5-Month Low AUD: Neutral RBA Minutes CAD: Wholesale Sales Surprise to Upside JPY: Trade Data Shows Improvement in Demand Dollar Soars as FOMC Minutes Signal Potential Change The U.S. dollar soared to fresh multi-month highs today against many of the major currency pairs following the release of the Fed minutes. The greenback had actually been trading well throughout the North American session but the less dovish FOMC minutes drove EUR/USD to its highest level in 11 months and USD/JPY to a 4 month high. To the market’s surprise,...

August 20th, 2014 - Market Drivers for August 20 2014 BoE votes 2-7 on rate hikes cable pops to 6670 Euro breaks below 1.3300 Nikkei 0.03% Europe 0.36% Oil $95/bbl Gold $1294/oz. Europe and Asia: EUR GE PPI -0.1% vs. 0.0% GBP UK BoE Minutes vote 2-7 North America: CAD Wholesale Sales 08:30 USD...

August 20th, 2014 - Daily FX Market Roundup 08.20.14 Dollar Soars as FOMC Minutes Signal Potential Change EUR Drops to 11 Month Lows Why Hawkish BoE Minutes Failed to Drive GBP Higher NZD Drops to 5-Month Low AUD: Neutral RBA Minutes CAD: Wholesale Sales Surprise to Upside JPY: Trade Data Shows Improvement in ...

August 4th, 2014 - Daily FX Market Roundup 08.04.14 Forex: Relative Value Trades and RBA NZD: Dairy Auction Tomorrow CAD: Chinese PMIs on Tap Lower Yields Keeps Dollar Under Pressure Sterling Rebounds on Stronger Construction PMI EUR Receives No Support from Banco Espirito Santo Bailout Speculators Reload Sh...

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 ...

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