May 15th, 2013 - Market Drivers for May 15, 2013 German and French GDP miss sending EURUSD slower USD/JPY breaks 102.50 on BOJ flood of bond market Nikkei 2.29% Europe -0.03% Oil $93.50/bbl Gold $1409/oz. Europe and Asia: JPY Tertiary Industry Index -1.3% vs. -0.6% EUR German GDP 0.1% vs. 0.3% EUR EZ GDP -0.2% vs. -0.1% GBP BOE Inflation Report GBP Jobless Claims Change -...
May 10th, 2013 - Daily FX Market Roundup 05-10-13 How Rising Dollar Affects Stocks Will EURUSD Hold 1.2950? Data Will Tell USD/JPY 103 Hinges on Japanese GDP and MoF Data AUD Hits Parity NZD – Biggest Loser vs. the Dollar CAD – Disappointing Labor Market Numbers GBP – Quarterly Inflation Report Expected Next Week How Rising Dollar Affects Stocks Everyone is talkin...
May 10th, 2013 - Market Drivers for May 10, 2013 USD/JPY rally continues UK Trade data misses Nikkei 2.93% Europe 0.62% Oil $95.69/bbl Gold $1448/oz. Europe and Asia: JPY Trade Balance - BOP Basis Yen 0.34T vs. 0.48T JPY Eco Watchers Survey: Outlooks 56.5 vs. 59.2 EUR German Trade Balance 17.6B vs. 18.0B GBP Visible Trade Balance -9.1B vs. 8.9B North America: USD Fed's...
May 6th, 2013 - Market Drivers for May 6, 2013 Australian data disappoints raising specter of rate cut EZ services PMI improve supporting EUR/USD Europe -0.21% Nikkei closed Oil $96/bbl Gold $1473/oz Europe and Asia: AUD Inflation gauge 0.3% vs. 0.2% AUD Retail Sales -0.4% vs. 0.2% AUD Job Advertisement -1.3% vs. -0.5% EUR Services PMI 47 vs. 46.3 EUR Retail Sales -0.1...
May 3rd, 2013 - Daily FX Market Roundup 05-03-13 Will the Payroll Driven Rally in Forex Last? EUR Enjoys Classic Post NFP V Shaped Reversal GBP – Rally Capped at 1.56 AUD – More Disappointing Economic Releases CAD – New BoC Governor Named NZD – Oil Prices Above $95 JPY Crosses Soar on Risk Rally Will the Payroll Driven Rally in Forex Last? Investors put on t...
May 3rd, 2013 - Market Drivers for May 3, 2013 Nowotny downplays deposit rate cut sending EURUSD higher UK Services PMI beats Nikkei -0.76% Europe -0.11% Oil $93.68/bbl Gold $1476/oz. Europe and Asia: AUD AiG Performance of Service Index 44.1 vs. 49.6 AUD PPI 0.3% vs. 0.2% EUR Euro-Zone PPI -0.2% GBP PMI Services 52.9 vs. 52.5 North America: USD Unemployment Rate 8:30...
April 30th, 2013 - Market Drivers for April 30, 2013 German Retail Sales miss driving EUR/USD off session highs USD/JPY fails to hold 98.00 despite better Japanese data Nikkei -0.17% Europe 0.03% Oil $94.47/bbl Gold %1473/oz. Europe and Asia: AUD Private Sector Credit 0.2% vs. 0.3% JPY Retail Trade -0.3% vs. 0.5% JPY Household Spending 5.2% vs. 1.8% JPY Industrial Production...
April 29th, 2013 - Daily FX Market Roundup 04-29-13 Why EUR Refuses to Fall Despite Potential Rate Cut USD – Fed Won’t be Fazed by Weaker Data GBP – Gains Beginning to Fade Near 1.56 Resistance NZD – Lifted by More Spending on Christchurch Rebuilding Efforts CAD – GDP Data on Tap AUD – Gold and Oil Prices Extend Higher JPY – Busy Night Ahead but Volatility Limited...
April 28th, 2013 - Market drivers for April 29, 2013 Euro trades higher post establishment of new Italian government EZ Retail PMI data shows consumers in deep funk Nikkei closed Europe up 0.3% Oil $93.21/bbl Gold $1469/oz. Europe and Asia: EUR Retail PMI 44.20 vs. 43.70 EUR Euro-Zone Consumer Confidence -22 vs. -22 North America: USD Personal Income 8:30 USD Personal...
April 26th, 2013 - Market Drivers for April 26, 2013 BOJ stays pat, sending USD/JPY to 98.50 EUR/USD drifts lower as risk off sentiment dominates Europe -1.13% Nikkei 0.3% Oil $92.91/bbl Gold $1460/oz. Europe and Asia: JPY National CPI -0.5% vs. -0.4% JPY BOJ to Hold Policy Meeting and Release Outlook Report CHF KOF Swiss Leading Indicator 1.02 vs. .98 North America: USD ...
