Forget NFP. Fed Powell Crushes Dollar and Cements AUD & CAD Bottoms Daily FX Market Roundup Jan 4, 2019 After a week like the one we’ve had, everyone is wondering if 2019 will be a …
USD/CAD Hits 1 Year Highs, Is 1.40 Next? MACRO 2018 was a brutal year for the Canadian dollar. The currency hasn’t been this cheap since May 2017. Over the past year, the loonie lost more …
Will the US Dollar Crumble in 2019? MACRO 2018 was a phenomenal year for the U.S. dollar. The trade weighted Dollar Index appreciated nearly 5% and is up more than 9% from its low in …
Dollar Holds Steady as Powell Laces Forecast Cuts with Optimism Daily FX Market Roundup 12.18.2018 On paper, it should be no surprise that the dollar rallied after a Federal Reserve rate hike but today’s gains …
Market Drivers December 18, 2018 FX Treads water ahead of FOMC UK CPI bit hotter Nikkei -0.60% Dax 0.43% Oil $45/bbl Gold $1248/oz. Europe and Asia: EUR GE PPI 3.3% vs. 3.2% GBP UK CPI …
Are You Selling Dollars Pre-FOMC? Daily FX Market Roundup 12.17.2018 By Kathy Lien, Managing Director of FX Strategy for BK Asset Management The last Federal Reserve monetary policy meeting in 2018 is this Wednesday and …
Market Drivers December 17, 2018 Slow start to the week Markets look to Fed Nikkei 0.62% Dax 0.03% Oil $51/bbl Gold $1238/oz. Europe and Asia: EUR EZ CPI 2.0% vs. 2.0% North America: USD Empire …
Market Drivers December 14, 2018 French PMI turns contractionary Euro at fresh monthly lows Nikkei -2.02% Dax -1.16% Oil $52/bbl Gold $1238/oz. Europe and Asia: EZ PMI 51.3 vs. 52.8 North America: USD Retail Sales …
Market Drivers December 12, 2018 EU Summit and ECB on tap Cable holds bid post-May’s win Nikkei 0.99% Dax 0.06% Oil $51/bbl Gold $1245/oz. Europe and Asia: SNB Rates unchanged North America: EUR ECB Presser …
Market Drivers December 11, 2018 May/Junker to meet on Brexit UK labor data beats Nikkei -0.34% Dax 1.35% Oil $52/bbl Gold $1248/oz. Europe and Asia: GBP UK Claimant count 21.9K vs. 13.2K GBP Averarge Wages …