June 19th, 2013 - Daily FX Market Roundup 06-19-13 Did the Fed Carve a Bottom for the Dollar? EUR – Lifted by Stronger Investor Confidence GBP – No Surprises in BoE Minutes AUD Hits 2.5 Year Low NZD – Sharp Improvement in Current Account CAD – Optimism from BoC Poloz JPY – No Sign of Concern from Kuroda Did the Fed Carve a Bottom for the Dollar? The U.S. dollar...
June 18th, 2013 - Daily FX Market Roundup 06-18-13 USD: FOMC Scenarios, Changes in US Economy EUR – Lifted by Stronger Investor Confidence GBP – Hit By EURGBP Demand AUD – Extends Losses on RBA Minutes CAD – Oil Prices Continue to Rise NZD – Current Account Numbers on Tap JPY – Japanese Officials Defend BoJ Policy USD: FOMC Scenarios, Changes in US Economy Th...
June 17th, 2013 - Daily FX Market Roundup 06-17-13 Dollar Strengthens, Stocks Soar as Traders Position for FOMC EUR – Unclear How ZEW Survey Could Fare GBP – Still Testing 1.57, All Eyes on CPI AUD – What to Expect from RBA Minutes CAD – Foreign Investment Hits 7 Month High NZD – Consumer Confidence Rebounds in Q1 JPY – G8 Summit and Abenomics Dollar Strengthe...
June 14th, 2013 - Daily FX Market Roundup 06-14-13 Dollar Outlook Next Week Hinges on Bernanke How Much Lower Can USD/JPY Fall? EUR – Stalls Ahead of Key Inflection Point GBP – 3 Decade BoE Veteran Announces Resignation CAD – Hit by Surprise Decline in Manufacturing Data NZD – Business PMI Hits 8 Year High AUD – Oil Extends Gains, Gold Steady Dollar Outlook Next ...
June 13th, 2013 - Daily FX Market Roundup 06-13-13 FX: Are US Investors in Denial? JPY - When will the BoJ Cry Uncle? EUR – Cautious ECB Monthly Report AUD – Stronger Data Drives Short Covering Rally CAD – Upside Surprise in Data Continues NZD – Business PMI Index on Tap GBP – No News, No Volatility FX: Are US Investors in Denial? It was another busy and activ...
June 12th, 2013 - Daily FX Market Roundup 06-12-13 Will US Retail Sales Save the Dollar? NZD – RBNZ Leaves Policy Unchanged, Soft Warning on Intervention AUD – All Eyes on Employment CAD – Sharp Rise in House Prices EUR – Lifted by Stronger Data GBP – Labor Market Conditions Improve Will US Retail Sales Save the Dollar? Over the past 4 weeks, the U.S. dollar st...
June 12th, 2013 - With no major U.S. economic data on the calendar today, currency traders are licking their wounds. All of the major currencies that have fallen steeply in recent days are trading higher, led by the gains in the AUD/USD and NZD/USD. The EUR/USD, which has enjoyed a nice rally since May, is also trading lower despite the rise in Eurozone Industrial production. Althou...
June 11th, 2013 - Daily FX Market Roundup 06-11-13 How Much Further Can USD/JPY Fall? USD – BoJ Action Heightens Volatility in US Markets EUR Hits Fresh 3 Month Highs NZD – What Will RBNZ Say About the Currency? AUD – Strong Intraday Reversal CAD – Holds Steady Despite Lower Oil Prices GBP – Will Jobs Report Drive Sterling Even Higher? How Much Further Can USD/JP...
June 10th, 2013 - Daily FX Market Roundup 06-10-13 Does S&P Upgrade Matter to the Dollar? JPY - What to Expect from the BoJ EUR Extends Gains, Encouraging Comments from Draghi AUD Hits Fresh Lows – Still No Bottom in Sight CAD – Housing Starts See Strongest Gain in 13 Months NZD – Rebounds Despite Mixed Manufacturing Data GBP – Expect Trend of Good Data to Continue ...
June 7th, 2013 - Daily FX Market Roundup 06-06-13 Has the Dollar Finally Bottomed? BoJ Could Halt the Rise in Yen Next Week Can the Breakout in EUR be Sustained? GBP – Data Improvements Makes Sterling the Shining Star CAD – Strongest Job Growth Ever NZD – Watch Out for RBNZ Meeting Next Week AUD – Bounces Off Fresh 1.5 Year Lows Has the Dollar Finally Bottomed? ...