Canada / New Zealand Articles

April 8th, 2013 - Daily FX Market Roundup 04-08-13 What FX Traders are Focusing on this Week EUR – Limits to the Breakout USD/JPY – First Stop 100 GBP - Time to Reload GBP Shorts NZD: Worst Drought in 30 Yrs to Shave 0.7% off GDP AUD: Shrugs Off Deeper Contraction in Construction CAD: Extends Losses Following Weak Employment What FX Traders are Focusing on this Week ...

April 8th, 2013 - The second quarter of 2013 started with the bang. Key fundamental shifts in monetary policy and underlying changes in various economies caused a significant increase in volatility across the foreign exchange market. The sell-off in the Japanese Yen caused by the Bank of Japan drove all of the major currencies higher. Since last Thursday, every major currency includi...

April 5th, 2013 - Daily FX Market Roundup 04-05-13 Is 110 Possible in USD/JPY? USD: Sticker Shock in Payrolls EUR – Potential for Rally to Extend to 1.3130 CAD – Big Decline in Jobs Erase February Gains AUD – Surprise Weakness, Support Near NZD – Oil Continues to Fall, Gold Up 1.5% GBP – Upside Breakout Could Gain Momentum Is 110 Possible in USD/JPY? USD/JPY h...

April 5th, 2013 - Between today’s non-farm payrolls report and yesterday’s ECB/BoJ meetings, it has been a rock and roll week in the FX market. Volatility picked up significantly with breakouts seen in many currency pairs. Job growth last month in the U.S. was abysmally weak. U.S. companies added only 88k jobs in March, the smallest increase since June 2012. While the unemploym...

April 2nd, 2013 - Daily FX Market Roundup 04-02-13 Why Currencies are Still Trailing Behind Equities EUR – Ends Day Near its Lows What Crushed the GBP Today NZD – Soaring on Hotter Export Prices AUD – RBA Has No Major Concerns about Currency CAD – Gold Down 1.5% JPY – Kuroda Sheds Light on BoJ Plans Why Currencies are Still Trailing Behind Equities U.S. stocks ...

April 1st, 2013 - Daily FX Market Roundup 04-01-13 AUD/USD – Short Term Outlook Data and Levels NZD – Chinese Manufacturing Activity Increases but Less than Forecast CAD – Oil Down, Gold Up Dollar Weakens on Disappointing ISM Manufacturing Numbers USD/JPY Down Nearly 1% on Lower ISM and Nikkei EUR – All Eyes on ECB Meeting This Week GBP – Looking for Lower PMI ...

April 1st, 2013 - With Australian and European markets closed for Easter Monday, we’ve had a quiet start to a busy week in the forex market. Between Monday evening and Friday morning, there is no shortage of market moving event risks for our readers who are thirsting for volatility. In addition to the U.S. non-farm payrolls report, there will be 4 major central banks making monet...

March 28th, 2013 - Daily FX Market Roundup 03-28-13 Why the Miracle Rally in Stocks Hasn’t Helped FX EUR – Lifted by Stronger German Retail Sales GBP: Rally Revived by Steady Confidence CAD: GDP Growth Increases Slightly in January. AUD: Job Vacancies Drop 10% NZD: Building Permits Fall Short USD/JPY Taking its Cue from the Nikkei Why the Miracle Rally in Stocks Hasn’t...

March 28th, 2013 - With the exception of USD/JPY, currencies and equities are trading slightly higher this morning as better than expected German retail sales and the lack of panic on the first day that Cyprus banks have reopened eased concerns in the financial markets and stabilized the EUR. The strict capital controls put in place has gone a long way in preventing bank runs today. Th...

March 27th, 2013 - Daily FX Market Roundup 03-27-13 EUR/USD Next Stop 1.29 or 1.26? USD: Air of Optimism from Fed Presidents GBP: Potential for Additional Small Losses CAD: Strongest CPI Growth Since 1982 AUD: RBA Expects A$ to Remain High, Consequences NZD: Snaps 5 Day Winning Streak JPY – Impact of Higher Commodity Prices on Japan EUR/USD Next Stop 1.29 or 1.26? A...

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