US China Tensions Dominate Trade
Market Drivers November 20, 2019 US and China spat over HK Fed minutes on tap Nikkei -0.53% Dax 0.79% UST 10Y 1.74% Oil $55/bbl Gold $1475/oz BTCUSD $8130 Europe and Asia: No Data North America: …
View Post →
Risk Continues to Roll
Market Drivers November 19, 2019 RBA Minutes send Aussie tumbling but it recovers Risk on flows persist Nikkei -0.53% Dax 0.79% UST 10Y 1.82% Oil $57/bbl Gold $1467/oz BTCUSD $8199 Europe and Asia: AUD RBA …
View Post →
Dollar Slips Further on Trump Worries
Dollar Slips Further on Trump Worries Daily FX Market Roundup November 18, 2019 The US dollar started this new trading week on its back foot, weakening against all of the major currencies. In our note …
View Post →
Dollar Ends Bruising Week – More Losses Ahead?
Dollar Ends Bruising Week – More Losses Ahead? Daily FX Market Roundup November 15, 2019 It has been a challenging week for the US dollar as the greenback sold off against most of the major …
View Post →
FX Ending Week with a Whimper
Market Drivers November 15, 2019 S&P 500 hits all time highs in overnight trade FX pairs quiet – US Retail Sales main event Nikkei 0.70% Dax 0.40% UST 10Y 1.84% Oil $56/bbl Gold $1464/oz BTCUSD …
View Post →
Aussie Drops – Is Risk About to be Clobbered?
Market Drivers November 14, 2019 AU Labor data misses EU escapes recession Nikkei -0.76% Dax -0.23% UST 10Y 1.85% Oil $56/bbl Gold $1467/oz BTCUSD $8646 Europe and Asia: AUD AU Labor data -19K vs. 16K …
View Post →
Are We Setting Up for Risk-Off Sell Off in FX?
Market Drivers November 13, 2019 RBNZ surprises by holding rates steady All eyes on Powel Nikkei -0.85% Dax -0.76% UST 10Y 1.87% Oil $56/bbl Gold $1464/oz BTCUSD $8802 Europe and Asia: NZD RBNZ rates at …
POWELL vs. RBNZ – What’s the Bigger Surprise?
POWELL vs. RBNZ – What’s the Bigger Surprise? Daily FX Market Roundup November 12, 2019 The best way to summarize President Trump’s speech to the NY Economics Club is that it could have been a …
View Post →
Dollar Holds Bid as FX Awaits Trump
Market Drivers November 12, 2019 Dollar remains bid Cable gives up gains Nikkei 0.81% Dax 0.44% UST 10Y 1.94% Oil $56/bbl Gold $1453/oz BTCUSD $8755 Europe and Asia: UK GBP Average Earnings 3.6% vs. 3.8% …
View Post →
5 Biggest Risks for FX this Week
5 Biggest Risks for FX this Week Daily FX Market Roundup November 11, 2019 Monday was a slow start to a busy week for the currency market. The US bond market was closed for Veteran’s …