Canada / New Zealand Articles

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 3rd, 2017 - Dollar Pops then Drops, Reversals Ahead? Daily FX Market Roundup 01.03.17 The U.S. dollar soared to fresh highs against all of the major currencies today before reversing sharply to end the day well off its peak. At one point, the strength of the dollar pushed euro to its lowest level since January 2013, but as yields retreated, so did the greenback. The po...

December 30th, 2016 - New Year, New Forex Trading Opportunities Daily FX Market Roundup 12.30.16 A New Year means new trading opportunities and January will start with a bang. Here in the U.S., our hometown, a new President who has inspired an impressive rally in the U.S. dollar and U.S. equities will be taking office and there is a busy economic calendar to contend with. Countries ...

December 28th, 2016 - The Dollar is Losing Momentum But Don’t Get Too Excited…. Daily FX Market Roundup 12.28.16 The bulls have finally loosened their reins on the U.S. dollar but a move below 117 in USD/JPY is needed to pave the way for deeper reversal. The surprise decline in pending home sales combined with a sharp drop in U.S. yields sent the dollar tumbling against the Yen....

December 27th, 2016 - Tough Year Ahead for Sterling Daily FX Market Roundup 12.27.16 It was a relatively quiet day in the foreign exchange market with the U.S. dollar trading higher against all of the major currencies except for the euro. The strength of the dollar and the lack of big moves is not a surprise during this holiday week and in fact reinforced by today’s U.S. economic...

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