US Outlook Articles

February 15th, 2017 - Market Drivers February 15, 2017 UK Labor data misses on wages USDJPY Stalls at 114.50 Nikkei 1.03% Dax 0.41% Oil $53/bbl Gold $1227/oz. Europe and Asia: GBP UK Avg. Earning 2.6% vs. 2.8% GBP UK Unemployment 4.8% vs. 4.8% North America: USD CPI 8:30 USD Retail Sales 8:30 USD Yellen Testimony 10:00 UK labor data came in mixed today taking cable below...

February 14th, 2017 - Dollar Pops on Yellen, March Hike Still in Play Daily FX Market Roundup 02.14.17 The U.S. dollar traded higher against all of the major currencies today after Fed Chair Janet Yellen said, “waiting too long to tighten would be unwise,” adding later that “every FOMC meeting is a live meeting. Going into her testimony, some investors expected less enthusia...

February 14th, 2017 - Market Drivers February 14, 2017 UK Inflation runs cold ZEW misses Nikkei -1.13% Dax -0.02% Oil $53/bbl Gold $1230/oz. Europe and Asia: GBP UK CPI 1.8% vs. 1.9% EUR Flash GDP 0.4% vs. 0.5% EUR ZEW 10.4 vs. 15 North America: USD PPI 8:30 USD Yellen Testimony 10:00 The pound was clobbered in morning London trade today by weaker than expected CPI readi...

February 13th, 2017 - How FX Traders are Positioning for this Week’s Top 5 Events Daily FX Market Roundup 02.13.17 Don’t let this quiet start to the new trading week fool you because it is going to be a very busy one in the foreign exchange market. The main focus will be Fed Chair Janet Yellen’s semi-annual testimony on the economy and monetary policy on Wednesday but GDP,...

February 13th, 2017 - Market Drivers February 13, 2017 Japanese GDP misses on headline USDJPY takes out 114.00 Nikkei 0.41% Dax 0.49% Oil $53/bbl Gold $1231/oz. Europe and Asia: JPY GDP 0.2% vs. 0.3% North America: No data USDJPY bolted out of the gate at the start of week’s trading, gapping higher at the Asian open as it rose to take out the 114.00 figure my mid morning...

February 10th, 2017 - Will Yellen Help or Hurt the Dollar? Daily FX Market Roundup 02.10.17 After nearly a month of losses, the U.S. dollar ended the week steady to higher against all of the major currencies. U.S. data was mostly better with the trade balance narrowing slightly, jobless claims falling and import prices rising. Consumer sentiment however soured in the month of Feb...

February 10th, 2017 - Market Drivers February 10, 2017 Chinese Trade Data beats big UK Data all upside Nikkei 2.49% Dax 0.46% Oil $53/bbl Gold $1225/oz. Europe and Asia: CNY Trade 51.35B vs. 47B GBP UK Trade 10B vs. -11.5B GBP UK IP 1.1% vs. 0.2% GBP UK MP 2.1% vs. 0.5% North America: CAD Employment 8:30 USD U of M Final 9:55 The dollar continued to power it's way highe...

February 9th, 2017 - Dollar Pops as Bulls Smell Tax Cut, Abe/Trump Meeting Next Daily FX Market Roundup 02.09.17 Thanks to President Trump’s promise to announce “something phenomenal on taxes in the next 2 to 3 weeks,” the U.S. dollar along with U.S. stocks and bond yields soared. For the past few days, forex traders have been waiting for a catalyst to take USD/JPY out of i...

February 9th, 2017 - Market Drivers February 9, 2017 Cable bursts higher RBA's Lowe does not jawbone Nikkei -0.53% Dax 0.21% Oil $53/bbl Gold $1243/oz. Europe and Asia: AUD NAB Business Confidence 5 vs. 6 North America: USD Weekly jobless claims 8:30 It’s been a quiet night of trade in the FX market with most of the majors contained to very tight ranges as the economic c...

February 8th, 2017 - Market Drivers February 8, 2017 JGBs hit their highest yields FX pairs steady Nikkei 0.51% Dax 0.14% Oil $51/bbl Gold $1237/oz. Europe and Asia: No Data North America: CAD Housing Starts 8:15 NZD Cash Rate 3:00 It’s been an extraordinarily quiet night of trade in FX with pair contained to very narrow ranges as the buck was slightly higher against th...

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