Eurozone Outlook Articles

January 19th, 2017 - Market Drivers January 19, 2017 AU Labor data in line All eyes on ECB Nikkei 1.10% Dax -0.10% Oil $51/bbl Gold $1204/oz. Europe and Asia: AUD AU Employment 13.5K vs. 10K EUR EU CA 36B vs. 29B North America: EUR ECB Rate 7:45 EUR ECB Presser 8:30 USD Housing Start/Building Permits 8:30 USD Philly Fed 8:30 USD Weekly jobless claims 8:30 The dollar r...

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 18th, 2017 - Market Drivers January 18, 2017 Cable starts to unwind UK Labor data beats Nikkei 0.43% Dax 0.17% Oil $52/bbl Gold $1212/oz. Europe and Asia: GBP UK Claimant Count -10.1 vs. 5.0 GBP Average Weekly Wages 2.7% vs. 2.6% EUR EU CPI 0.5% vs. 0.5% North America: USD CPI 8:30 USD MP/IP 9:15 CAD BOC Rate Decision 10:00 USD Beige Book 14:00 UK labor data ...

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 17th, 2017 - Market Drivers January 17, 2017 Dollar weakness sends USDJPY to 113.00 UK Inflation hotter Nikkei -1.48% Dax -0.69% Oil $53/bbl Gold $1216/oz. Europe and Asia: GBP UK CPI 1.6% vs. 1.4% EUR GE ZEW 16.6 vs. 18.3 EUR GE ZEW Current Situation 77.3 vs. 65.0 North America: USD Empire Manufacturing 9:30 It’s been an active night of trade in Asia with c...

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 12th, 2017 - Market Drivers January 12, 2017 Dollar weakness persists as 114.00 given EZ IP better Nikkei -1.19% Dax -0.55% Oil $52/bbl Gold $1204/oz. Europe and Asia: EUR EZ IP 1.5% vs.0.5% North America: USD Weekly jobless 8:30 CAD New Housing Index 8:30 Evans, Lockhart, Bullard, Harker all on deck The dollar dump continued in Asian and early European trade wit...

January 11th, 2017 - Market Drivers January 11, 2017 Dollar finds small bid Europe Cable touches 1.2100 figure after Trade deficit widens Nikkei 0.33% Dax 0.29% Oil $51/bbl Gold $1188/oz. Europe and Asia: GBP UK IP 2.1% vs. 0.8% GBP UK MP 1.3% vs. 0.5% GBP UK -12.1B vs. -11.2B North America: Trump presser 11:00 The dollar was mildly in early European trade today as US yi...

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...

Hide me
Receive Thought Provoking Forex Commentary Directly to Your Inbox
Show me