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June 29th, 2015

Daily FX Market Roundup 06.29.15 Forex: Euro, Greece, China and NFPs… AUD: Impact of Chinese Rate Cut USD/CAD Surges as Oil Declines NZD Drops on Risk Aversion Dollar: Growth versus Safety GBP Rallies as Investors Convert Euros to Sterling Forex: Euro, Greece, China and NFPs… We have spoken to many traders today and they are thoroughly confused by the performance of the euro. With senior Greek government officials saying that tomorrow’s payment to the IMF will not be made, the euro should be trading much lower. However instead of falling it ended the day sharply higher against the U.S. dollar. In fact, EUR/USD rose close to 3% intraday from a low of 1.0955 to a high of 1.1278. While some investors m...

July 1st, 2015 - Market Drivers July 1, 2015 EUR drifts to 1.1100 after Greece fails IMF payment EG meeting awaited UK Manufacturing PMI 2 year low Nikkei 0.46% Europe 0.68% Oil $58/bbl Gold $1172/oz. Europe and Asia: AUD Building Approvals 2.4% vs. 1.2% GBP UK Manufacturing 51.4 vs. 52.6 Nor...

June 17th, 2015 - Daily FX Market Roundup 06.16.15 Did the Fed Kill the Long Dollar Trade? NO. GBP: A Promising Outlook for Sterling NZD Drops to Fresh 4.5 Year Lows Ahead of GDP AUD Hit Hard by Data and Iron Ore CAD: Sharp Rise in Wholesale Sales EUR: Greece and SNB Outlook Did the Fed Kill the Long Dol...

June 10th, 2015 - Daily FX Market Roundup 06.10.15 USDJPY – US Retail Sales Next, Don’t Worry about Yen Comments NZD Crashes after RBNZ Cuts 25bp AUD Reverses Ahead of AU Employment CAD Extends Gains on Higher Oil Prices GBP Soars Despite Mixed Data EUR Bounces: Light Greek News Flow NZD Crashes after ...

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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