Home / Tag Archives: canada / new zealand

Tag Archives: canada / new zealand

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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Better IFO Steers Euro Towards 1.1000 Figure

Market Drivers July 25, 2016 GE IFO Better than forecast NZD tumbles but recovers Nikkei 0.38% Dax 0.88% Oil $44/bbl Gold $1322/oz. Europe and Asia: EUR GE IFO 108.3 vs. 107.4 North America: No Data It’s been an extremely quiet night ...

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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 ...

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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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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...

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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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