Afternoon Market Update – 06/01/2017 – by Jaz Singh

January 6, 2017 by savi-admin The dollar is stabilizing this morning after 2 days of losses. In anticipation of NFPs later today, we’ve seen the dollar index snap back from the $101.50 level after losing over 1 percent yesterday. We see the yuan and British pound declining most against the dollar, by 0.6 and 0.4 percent respectively.  After a weak… View Article

Morning Update – 06/01/2017 – by Arjun Lakhanpal

January 6, 2017 by savi-admin Morning all..Wall St dipped in front of the Non-farm payroll data from the US due today and just below unchanged after a rather weak session and late rally. Nikkei closed lower on the back of a weaker USDJPY; finally ending the day down 0.34% but again a quiet session in front of the NFP’s. A… View Article

Afternoon Market Update – 05/01/2017 – by Jaz Singh

January 5, 2017 by savi-admin The dollar has reversed some of its losses seen after the release of the FOMC’s minutes. This report echoed uncertainty over how Trump’s policies would impact the rate hiking path. The dollar index trades near the 102.50 level after breaking 102.00 to the downside in early trade. Strong labour market data and NFPs tomorrow could… View Article

Morning Update – 05/01/2017 – by Arjun Lakhanpal

January 5, 2017 by savi-admin Morning all.. Another decent close on Wall St with S&P up another 0.57% but Asia had a tougher night as the USD got hit, US yields fell and the Nikkei fell 0.37%. but it was the move in the dollar that caught the eye even with better data from China and Japan. China Dec Caixin Services… View Article

Afternoon Market Update – 04/01/2017 – by Jaz Singh

January 4, 2017 by savi-admin The greenback is on the back foot in morning trade after the dollar index reached a 12 year high yesterday. This comes as markets await the release of FOMC minutes today which could dampen the sentiment behind the Trump trade. A risk-on appetite has boosted emerging market currencies with the South African rand the biggest… View Article

Morning Update – 04/01/2017 – by Arjun Lakhanpal

January 4, 2017 by savi-admin Morning all..Wall St got off to a solid start closing up 0.85% and Asia followed with the Nikkei up a punchy 2.5% to start the year off in style. This and the positive risk sentiment took USDJPY back up above 118.00. Kuroda: economy at critical point to end deflation; BoJ will continue easing program; more… View Article