Home / Tag Archives: australian outlook

Tag Archives: australian outlook

A Brutal Week for Dollar, Is 100 Next for USD/JPY?

A Brutal Week for Dollar, Is 100 Next for USD/JPY? Daily FX Market Roundup 07.29.16 This past week was a brutal one for the U.S. dollar. The greenback traded lower against all of the major currencies with particularly stinging losses experienced against...

Read More »

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 ...

Read More »

EURO Update – Our Main Takeaways from ECB

EURO Update – Our Main Takeaways from ECB Daily FX Market Roundup 07.21.16 The primary focus today for FX traders was the European Central Bank’s monetary policy announcement and unfortunately the ECB failed to impress. The decision to leave asset purchases and interest rates unchanged was widely anticipated ...

Read More »

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...

Read More »

Aussie Tumbles as August Meeting Turns “Live”

Market Drivers July 19, 2016 RBA Minutes suggest dovish bias UK CPI hotter Nikkei 1.31% Dax -1.16% Oil $45/bbl Gold $1333/oz. Europe and Asia: AUD RBA Minutes suggest possible cut GBP UK CPI 0.5% vs. 0.3% EUR GE ZEW -6.8 vs. 9.0 North America: USD Building Permits/Housing Starts 8:30 Both the Aussie and the kiwi were markedly...

Read More »

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...

Read More »

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...

Read More »

USD/JPY Blows Past 105.00

Market Drivers July 14, 2016 USD/JPY takes out 105.00 AU Employment shows full time gains Nikkei 0.95% Dax 1.30% Oil $45/bbl Gold $1326/oz. Europe and Asia: AUD Employment 7.9K vs. 10K North America: GBP BOE Rate Decision 7:00 USD PPI 8:30 USD Jobless Claims 8:30 USD/JPY blew...

Read More »

Will the UK Cut Rates? Probably Not.

Will the UK Cut Rates? Probably Not. Daily FX Market Roundup 07.13.16 The Bank of England’s monetary policy announcement hasn’t been released and we’ve already seen a U-turn in sterling. After trading as high as 1.3338, GBP/USD dropped more than 200 pips as sellers returned. The...

Read More »