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Super Thursday is Here!
Market Drivers June 8, 2017 AU Trade misses EZ GDP beats Nikkei -0.38% Dax 0.39% Oil $46/bbl Gold $1287/oz. Europe and Asia: AUD Trade 0.555M vs. 3.16B CNY Trade 40.8B vs. 46.3B EUR GDP 1.9% …
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Preparing for the EUR & GBP Rollercoaster Ride
Preparing for the EUR & GBP Rollercoaster Ride Daily FX Market Roundup 06.07.17 Euro and sterling traders should be prepared for a wild ride tomorrow as U.K. voters head to the polls and the European …
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Aussie Flies; Dollar Dies
Market Drivers June 7, 2017 AU GDP Beats USDJPY probes 109.00 Nikkei 0.02% Dax -0.06% Oil $48/bbl Gold $1295/oz. Europe and Asia: AUD GDP 0.3% vs. 0.2% North America: No data The dollar was under …
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110 Breaks, How Low Can USD/JPY Go?
110 Breaks, How Low Can USD/JPY Go? Daily FX Market Roundup 06.06.17 No major U.S. economic reports released today but the weight of recent data sent USD/JPY tumbling below 110. The decline was as much …
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Risk Aversion Hits FX; USDJPY 109.00?
Market Drivers June 6, 2017 Risk aversion hits USDJPY RBA stays in message Nikkei -0.95% Dax -0.48% Oil $47/bbl Gold $1291/oz. Europe and Asia: AUD CA Next Exports -0.7% vs. -0.1 AUD RBA 1.5% EUR …
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Will RBA Spoil the AUD Rally?
Will RBA Spoil the AUD Rally? Daily FX Market Roundup 06.05.17 With hours to go before the Reserve Bank of Australia’s monetary policy announcement, the Australian dollar extended its gains for a second day in …
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Aussie Flies as Gulf Cuts Qatar Ties
Market Drivers June 5, 2017 Aussie finds buyers on ME news UK PMI Services misses Nikkei -0.03% Dax 1.25% Oil $48/bbl Gold $1283/oz. Europe and Asia: AUD Gross Operating Profits 6.0% vs. 4.5% EUR PMI …
NFPs Seal the Fate of the Dollar
NFPs Seal the Fate of the Dollar Daily FX Market Roundup 06.02.17 Friday’s non-farm payroll report sealed the fate for the U.S. dollar. As hiring and wages eased in the month of May, investors scaled …
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China Sends Warning Signal; Buck Waits for ADP
Market Drivers June 1, 2017 Aussie flips on weak CNY data UK PMI Manufacturing in line Nikkei 1.07% Dax 0.54% Oil $49/bbl Gold $1266/oz. Europe and Asia: AUD Retail Sales 1.0% vs. 0.3% CNY Caixin …
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Pound Goes Crazy
Market Drivers May 31, 2017 Cable stays heavy on election woes EZ data in mixed Nikkei 0.14% Dax -0.08% Oil $48/bbl Gold $1263/oz. Europe and Asia: AUD Private Sector Credit 0.4% vs. 0.4% EUR GE …