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Tag Archives: asia outlook

No Love for the Buck Post FOMC

Market Drivers July 28, 2016 Dollar down across the board post FOMC GE Employment improves Nikkei -0.69 Dax 0.05% Oil $42/bbl Gold $1349/oz. Europe and Asia: AUD Export Prices 1.4% vs. 2.9% EUR GE Unemployment -7K vs. -2K North America: USD Weekly jobless claims 8:30 USD Trade in Goods 8:30 The ...

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Will FOMC Help or Hurt the Dollar?

Will FOMC Help or Hurt the Dollar? Daily FX Market Roundup 07.26.16 Taking a look at the day to day change in the U.S. dollar, it may seem that there was very little consistency in the performance of the greenback ahead of Wednesday’s...

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USD/JPY Crumbles on Puny Stimulus Projections

Market Drivers July 26, 2016 USDJPY sinks 2 big figures on disappointment of stimulus Cable bounces off lows Nikkei -1.60% Dax 0.14% Oil $42/bbl Gold $1329/oz. Europe and Asia: GBP UK BBA Loans 40B vs. 38B North America: USD PMI Services 9:45 USD Consumer Confidence 10:00 USD New Home Sales 10:00 USDJPY dropped nearly two big figures in a ...

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Monday Profit Taking Drives Dollar, Stocks Lower

Monday Profit Taking Drives Dollar, Stocks Lower Daily FX Market Roundup 07.25.16 It was a quiet day in the foreign exchange market with the U.S. dollar trading lower against most major currencies. The only piece of U.S. data on the calendar was the Dallas Fed manufacturing index and the stronger than expected outcome failed ...

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Euro Hits Fresh Lows, Strong Week for Dollar

Euro Hits Fresh Lows, Strong Week for Dollar Daily FX Market Roundup 07.22.16 This was a strong week for the U.S. dollar. The greenback traded higher against all of the major currencies despite the lack of market moving U.S. data. In a...

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U.S. Dollar, A Winner in Global Easing

U.S. Dollar, A Winner in Global Easing Daily FX Market Roundup 07.19.16 The U.S. dollar is proving to be a big winner in a period when central banks around the world are talking about easing. The Bank of England and the Bank of Japan...

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A Good Day for Stocks, A Good Day for Currencies

A Good Day for Stocks, A Good Day for Currencies Daily FX Market Roundup 07.18.16 Many currency pairs traded higher today thanks to the overall strength in U.S. stocks. The Dow Jones Industrial Average and S&P 500 hovered near record levels as central banks gear up to increase stimulus...

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Week Ends With Wild Swings in Currencies

Week Ends With Wild Swings in Currencies Daily FX Market Roundup 07.15.16 The U.S. dollar traded higher against most of the major currencies today following better than expected consumer spending numbers. Retail sales rose 0.6% in the month of June, which was significantly higher than the market’s 0.1% ...

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Chinese Data Pushes USD/JPY Through 106.00

Market Drivers July 15, 2016 USD/JPY takes out 106.00 CNY data beats Nikkei 0.68% Dax -0.46% Oil $45/bbl Gold $1332/oz. Europe and Asia: CNY GDP 6.7% vs. 6.6% CNY IP 6.0% vs. 5.9% CNY Retail Sales 10.6% vs 9.8% CNY Yuan Loans 1380B vs. 990B North America: USD...

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GBP Verticalizes After BoE – SELL

GBP Verticalizes After BoE – SELL Daily FX Market Roundup 07.14.16 Sterling traded sharply higher today after the Bank of England left interest rates unchanged but with most policymakers seeing a rate cut in August, the currency remains a sell. If you were lucky, ...

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