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Tag Archives: nzd

Will FOMC Help or Hurt the Dollar?

July 26, 2016

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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Monday Profit Taking Drives Dollar, Stocks Lower

July 25, 2016

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

July 22, 2016

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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EURO Update – Our Main Takeaways from ECB

July 21, 2016

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

July 19, 2016

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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Cable Gets A Boost from M&A

July 18, 2016

Market Drivers July 18, 2016 Risk on mildly onts CNY at lowest rate since 2010 Nikkei holiday Dax -0.11% Oil $46/bbl Gold $1329/oz. Europe and Asia: NZD CPI 0.4% vs. 0.5% North America: USD NAHB Housing Index 8:30 It’s been a generally quiet open to the week in the currency market with most...

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GBP Verticalizes After BoE – SELL

July 14, 2016

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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Will the UK Cut Rates? Probably Not.

July 13, 2016

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...

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Made L.A. Aims to Focus Los Angeles Fashion

June 13, 2016

LOS ANGELES — L.A.’s weekend fashion moment: Was it just a blip on the radar or did it mark a sea change? There was nary a consensus as to what Los Angeles means to the fashion world as day two ...

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