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January 19th, 2017 - Traders Dump Dollars Ahead of Trump Inauguration Daily FX Market Roundup 01.19.17 With less than 24 hours to go before Donald Trump becomes the President of the United States, investors are dumping dollars ahead of the inauguration as they worry about the new President’s trade and currency policies. In the past week we’ve heard from a senior Trump advisor...

January 18th, 2017 - Have We Seen the Bottom in the Dollar? Daily FX Market Roundup 01.18.17 The U.S. dollar traded sharply higher against all of the major currencies today as the fundamentals we have been highlighting returned as drivers for the currency. On Tuesday when the greenback tanked for the seventh day in a row versus the Japanese Yen we said hawkish Fed speak and stronge...

January 17th, 2017 - Here’s Why GBP Soared on May’s Hard Exit Plans Daily FX Market Roundup 01.17.17 Who would have thought that Prime Minister May’s plans for a hard exit from the European Union would trigger the strongest one day rally for the sterling versus the U.S. dollar since 2008? A lot was said in this morning’s speech but at the end of the day, there were 4 mai...

January 13th, 2017 - Will Dollar Stabilize Ahead of Trump Inauguration? Daily FX Market Roundup 01.13.17 The first two weeks of the year has been marked by profit taking in the U.S. dollar, U.S. stocks and short Treasury trades. Investors unwound their Trump trades after enjoying strong gains at the end of 2016. Donald Trump had the opportunity to revive the rally in stocks and ...

January 12th, 2017 - Dollar Extends Losses as Trump Trade Unwinds Daily FX Market Roundup 01.12.17 The U.S. dollar extended its losses today as investors continued to unwind their Trump trades. With just over a week until his inauguration they hoped that Donald Trump would spend some time outlining the scope of his infrastructure plans. Unfortunately the President-elect failed to...

January 10th, 2017 - Dollar Marks Time Before Trump Daily FX Market Roundup 01.10.17 The U.S. dollar traded heavy throughout the North American session even as it only ended the day lower versus the Japanese Yen and Australian dollar. With no U.S. economic reports released today, the back and forth in U.S. rates prevented any meaningful moves in the currency as the greenback rec...

January 9th, 2017 - Has the U.S. Dollar Peaked? Daily FX Market Roundup 01.09.17 With every tick lower in the U.S. dollar, investors are wondering if the greenback has peaked. After a tremendous rally in 2016, the mighty buck has struggled to extend its gains and is fumbling hard at the start of this new trading week. With no major U.S. economic reports scheduled for release unti...

January 6th, 2017 - What is the Dollar’s Outlook Post Payrolls? Daily FX Market Roundup 01.06.17 Friday's U.S. jobs report was not only strong enough to prevent the dollar from sinking below 115 against the Japanese Yen but also hot enough to take the currency pair above 117. Economists were looking for job growth to fall to 175K but instead non-farm payrolls increased by only ...

January 5th, 2017 - Be Careful! Dollar Could Sink on NFP Daily FX Market Roundup 01.05.17 The U.S. dollar may have traded lower against all of the major currencies today and experienced its greatest one-day loss in 3 months versus the Japanese Yen but tomorrow’s non-farm payrolls report could still sink the dollar. Today’s decline in the greenback was driven by weaker dat...

January 4th, 2017 - Dollar Bulls Ignore the Fed’s Warnings Daily FX Market Roundup 01.04.17 Dollar bulls ignored the Federal Reserve’s warning about the uncertainty of fiscal policy and the impact that a strong dollar would have on inflation. Today’s FOMC minutes were not as hawkish as we had hoped but investors were unfazed as they sent the dollar and U.S. yields higher af...

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