Is Dollar Weakness More than Just Rates?
Risk-on flows stall Personal Income on deck Nikkei -2.82% Dax 0.35% UST 10Y 0.53 Oil $40 Gold $1975/oz BTCUSD $11127 Asia and the EU EU GDP -12.1% North America Open US PI/IS 8:30 Markets were …
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Currencies & Stocks Fail to Escape GDP Sting
Currencies & Stocks Fail to Escape GDP Sting Daily FX Market Roundup July 30, 2020 Currencies and equities traded lower on the back of the biggest quarterly drop in US GDP ever. The US economy …
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Unemployment, GDP Worry Markets
Risk-off as EU data sours All eyes on US GDP Nikkei -0.26% Dax -2.20% UST 10Y 0.56 Oil $40 Gold $1954/oz BTCUSD $10983 Asia and the EU EU GDP -11.7% vs. -10.9% North America Open …
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Dollar Extends Lower on FOMC, Are Investors Worried about GDP?
Dollar Extends Lower on FOMC, Are Investors Worried about GDP? Daily FX Market Roundup July 29, 2020 For the past week, investors have been selling US dollars and unfortunately today at the July Federal Reserve …
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Fed Front-runs FOMC, Risk of Further Dollar Losses?
Fed Front-runs FOMC, Risk of Further Dollar Losses? Daily FX Market Roundup July 28, 2020 Today, we saw the Federal Reserve “front-run” Wednesday’s FOMC announcement by extending their $2 trillion+ lending programs another 3 months …
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US Dollar Accelerates Slide, Here’s 3 Reasons Why
US Dollar Accelerates Slide, Here’s 3 Reasons Why Daily FX Market Roundup July 27, 2020 This will be a challenging week for the US dollar. On Friday, I outlined three reasons why the US dollar …
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3 Reasons Why Dollar Could Fall Further Next Week
3 Reasons Why Dollar Could Fall Further Next Week Daily FX Market Roundup July 24, 2020 It has been a rough week for the US dollar. The greenback traded lower against all of the major …
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EU Eco Data Back to Boom -EURUSD 1.20 by Year End?
EUR PMU recover to boom UK PMI neat also Nikkei -0.58% Dax -1.72% UST 10Y 0.59 Oil $41 Gold $194/oz BTCUSD $9541 Asia and the EU EU PMI 54.8 vs. 51.1 UK PMI Services 56.6 …
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Euro Rallies 9 out of Last 10 Days, Is 1.20 Next?
Euro Rallies 9 out of Last 10 Days, Is 1.20 Next? Daily FX Market Roundup July 23, 2020 Euro is single handedly the best performing currency right now. Its gone from 1.12 to 1.16 over …
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Gold Rises for Fifth Day in A Row
Gold closes in on $1900 Risk flows remain positive Nikkei -0.58% Dax 0.56% UST 10Y 0.59 Oil $42 Gold $1881/oz BTCUSD $9530 Asia and the EU No data North America Open USD Jobless Claims 8:30 …