FX Insights Articles

March 27th, 2017 - Will USDJPY Hold 110? Here are 3 Reasons Why It Could Daily FX Market Roundup 03.27.17 The U.S. dollar fell to a 4 month low against the Japanese Yen today, extending a decline that has taken the greenback lower for 8 out of the last 9 trading days. Friday was the first positive one since March 10th and now that 110 is reached (USDJPY fell within 10 pips of t...

March 27th, 2017 - Market Drivers March 27, 2017 USDJPY nears 110.00 support IFO Beats Nikkei -1.44% Dax -0.69% Oil $47/bbl Gold $1257/oz. Europe and Asia: EUR IFO 112.3 vs. 111 North America: No Data The dollar tumbled across the board at the start of week’s trade, as markets reacted to President’s Trump failure to pass the healthcare reform act, with traders now co...

March 24th, 2017 - US Fiscal Policy, UK Brexit Trigger Pose Big Risks for FX Daily FX Market Roundup 03.24.17 It was a tough week for the U.S. dollar. A number of Federal Reserve officials were scheduled to speak but none of then said anything to help the greenback, which had been falling since the central bank raised interest rates last week. The calendar was light leaving the U...

March 22nd, 2017 - USD/JPY Bounces Off 111, Euro Tests 1.08 Daily FX Market Roundup 03.22.17 In the last 48 hours, risk aversion has swept through the foreign exchange market sending all of the major currencies lower. USD/JPY was hit the hardest with the currency pair extending its losses below 111. Although it traded as low as 110.73, it ended the NY trading session above the ro...

March 22nd, 2017 - Market Drivers March 22, 2017 USDJPY nears 111.00 Commdollars sell off sharply Nikkei -2.13% Dax -0.78% Oil $50/bbl Gold $1247/oz. Europe and Asia: EUR EU Current Account 24B vs. 31B eyed North America: USD Existing Home Sales 10:00 Risk off flows intensified in Asian and early European trade today with USD/JPY dropping towards the 111.00 figure as yi...

March 21st, 2017 - Market Drivers March 21, 2017 Euro clears 1.0800 UK CPI hotter, cable runs through 1.2450 Nikkei -0.34% Dax -0.04% Oil $50/bbl Gold $1231/oz. Europe and Asia: GBP UK CPI 2.3% vs. 2.1% North America: CAD Retail Sales 8:30 UK inflation data printed much hotter than anticipated pushing cable through the 1.2450 level in morning London trade while euro was...

March 20th, 2017 - Forex - Top 5 Things to Watch this Week Daily FX Market Roundup 03.20.17 Compared to the last 2 weeks when there were a number of central bank rate decisions and other key events, this SHOULD be a quieter period for the foreign exchange market. The key word however is SHOULD because low volatility hinges on the U.K. delaying Brexit for another week. There also...

March 20th, 2017 - Market Drivers March 20, 2017 Pound clears 1.2400 G-20 fails to agree on free trade Nikkei closed Dax -0.32% Oil $48/bbl Gold $1232/oz. Europe and Asia: AU Westpac survey 111.9 vs 113.9 North America: CAD Wholesale Sales 8:30 It’s been a very quiet start of trade for the FX market today with Japan out on holiday and global economic calendar essential...

March 17th, 2017 - GBP – On Brexit Watch This Week Daily FX Market Roundup 03.20.17 Who would have thought that when the Federal Reserve raised interest rates by 25bp, the U.S. dollar would tank? But that was exactly what happened this past week as the greenback tumbled against all of the major currencies. Investors began unwinding their long dollar positions ahead of the rat...

March 17th, 2017 - Market Drivers March 17, 2017 Pound eyes 1.2400 EZ Trade data misses Nikkei -0.35% Dax -0.09% Oil $49/bbl Gold $1228/oz. Europe and Asia: EUR Trade Balance 20B vs. 24B eyed North America: USD Industrial Production 9:15 USD U of M 9:50 FX markets were quiet on the final trading day of the week, as most of the majors consolidated in narrow ranges after ...

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