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Kathy Bloomberg Opport in AUD 06.26.12
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More Bad News for the Euro
Daily FX Market Roundup / Asia Preview 06-26-12 More Bad News for the Euro USD: Mixed US Data Does Not Alter Fed Outlook GBP: Shrugs Off Dovish Comments and Weaker Data AUD: Comm Dollars Lifted …
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Mixed US Data Keeps FX Rangebound
Currencies are treading water this morning ahead of the EU Leaders Summit and while the latest U.S. economic reports were mixed, the outlook for Fed policy has not changed. According to S&P Case-Shiller, house prices …
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1.2500 Remains the Balance of Power in Euro
Market Drivers June 27th, 2012 Spain pays up to 200bp for short term money than last month UK borrowing exceeds forecasts Nikkei down -0.81% Europe down -0.13% Oil at $79/bbl Gold at $1583/oz. Asia and …
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Euro Stumbles After Poor Spanish Auction
Spain was forced to pay nearly 200bp more than last month to finance its short term debt at its latest auction today. Spanish 6-month T-Bill maximum Yield rose to 3.369% vs 1.793% on May 22 …
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Dollar- What Matters More, Deleveraging or QE3?
One of the most common questions that foreign exchange traders ask is what matters more to the dollar – deleveraging or quantitative easing? Like many central banks around the world, the Federal Reserve is actively …
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FX: Dangerous Mix of Policy and Data Alignment
Daily FX Market Roundup / Asia Preview 06-25-12 FX: Dangerous Mix of Policy and Data Alignment USD: Stronger New Home Sales Fail to Lend Support to Risk GBP: Lack of Data Equals Quiet Trading AUD: …
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Merkel Crushes EU Summit Hopes, US New Home Sales
The U.S. dollar is starting the week higher against all of the major currencies, which tell us that investors are nervous about the EU Summit and the ability of EU leaders to send a convincing …
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Currency Markets Jittery as EU Summit Looms
Market Movers June 25, 2012 Markets jittery at start of week as EU summit looms USD/JPY gives up its gains dropping below 80.00 as US Treasury yields slide Nikkei off -0.72% Europe -1.96% Oil below …