US Outlook Articles

January 6th, 2017 - Market Drivers January 06, 2017 PBOC revals yuan the most in 11 years AU Trade turns to surplus Nikkei -0.34% Dax -.26% Oil $54/bbl Gold $1178/oz. Europe and Asia: AUD Trade Balance 1.24B vs. -0.55B EUR Retail Sales -0.4% vs. -0.3% North America: USD NFPs 08:30 CAD Employment 08:30 It was an uncharacteristically active pre-NFP session in Asia trade t...

January 5th, 2017 - Market Drivers January 05, 2017 USDJPY falls through 116.00 UK PMI Nikkei -0.37% Dax -.10% Oil $53/bbl Gold $1175/oz. Europe and Asia: CNY Caixin Services PMI 53.4 vs. 53.3 EUR EZ Retail PMI GBP UK PMI Services North America: USD ADP 08:15 USD ISM Non-Manufacturing 10:00 USDJPY was dumped hard in Asian and early European session today dropping nea...

January 4th, 2017 - Dollar Bulls Ignore the Fed’s Warnings Daily FX Market Roundup 01.04.17 Dollar bulls ignored the Federal Reserve’s warning about the uncertainty of fiscal policy and the impact that a strong dollar would have on inflation. Today’s FOMC minutes were not as hawkish as we had hoped but investors were unfazed as they sent the dollar and U.S. yields higher af...

January 4th, 2017 - Market Drivers January 04, 2017 Dollar Seesaws EZ data all better Nikkei 2.51% Dax -.17% Oil $52/bbl Gold $1166/oz. Europe and Asia: EUR EZ Composite PMI 54.4 vs. 53.9 GBP UK PMI Construction 54.2 vs. 52.8 EUR EZ CPI 1.1 vs. 1.0 North America: USD FOMC Minutes 14:00 It's been a seesaw night for the buck in Asian and early European trading today as th...

January 3rd, 2017 - Market Drivers January 03, 2017 Dollar roars right back UK PMI Manufacturing hits 30 month highs Nikkei -0.16% Dax 0.06% Oil $55/bbl Gold $1147/oz. Europe and Asia: EUR GE Unemployment -17K vs. -5K GBP UK PMI Manufacturing 56.1 vs. 53.3 North America: USD ISM Manufacturing 10:00 On the first full trading day of the New Year, the dollar roared back to...

December 30th, 2016 - New Year, New Forex Trading Opportunities Daily FX Market Roundup 12.30.16 A New Year means new trading opportunities and January will start with a bang. Here in the U.S., our hometown, a new President who has inspired an impressive rally in the U.S. dollar and U.S. equities will be taking office and there is a busy economic calendar to contend with. Countries ...

December 28th, 2016 - The Dollar is Losing Momentum But Don’t Get Too Excited…. Daily FX Market Roundup 12.28.16 The bulls have finally loosened their reins on the U.S. dollar but a move below 117 in USD/JPY is needed to pave the way for deeper reversal. The surprise decline in pending home sales combined with a sharp drop in U.S. yields sent the dollar tumbling against the Yen....

December 27th, 2016 - Tough Year Ahead for Sterling Daily FX Market Roundup 12.27.16 It was a relatively quiet day in the foreign exchange market with the U.S. dollar trading higher against all of the major currencies except for the euro. The strength of the dollar and the lack of big moves is not a surprise during this holiday week and in fact reinforced by today’s U.S. economic...

December 22nd, 2016 - Euro Rejects 1.05, Can a Weak Currency Save the Economy? Daily FX Market Roundup 12.22.16 One of the best performing currencies today was the euro, which rose within a pip of 1.05 versus the U.S. dollar. While the currency pair soundly rejected this key level, its outperformance reflects the benefits brought on by a weaker currency. After losing close to 1000 p...

December 21st, 2016 - 2017 Will Be a Good Year for the Dollar Unless… Daily FX Market Roundup 12.21.16 As the holidays draw near, we have seen very little consistency in the performance of the U.S. dollar. The greenback lost value today versus the euro, Japanese Yen and Swiss Franc but strengthened against sterling and the commodity currencies. Even with these back and forth movem...

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