November 21, 2016
The dollar has retreated in early trade for this week, with dollar index currently trading around the 101.00 level. This follows persistent gains in the greenback over the past fortnight after Trump’s presidential victory. The Euro has seen the largest gains among the major currencies versus the dollar today, gaining 0.3 percent. This is more… View Article
November 21, 2016
Morning all.. Wall St closed a little lower on Friday; down 0.24% after a choppy week but again all the action in bonds and FX markets. In Asia this morning we saw little movement in any asset markets with Nikkei up 0.77% as USDJPY held gains and extended above 111.00. Oil was higher again with… View Article
November 18, 2016
On the data side we’ve had PPI data from Germany which came in better than expected. This gave the Euro a bit of impetus against the dollar after yesterday’s losses. On the whole the greenback continues to strengthen, with the dollar index finding support at the 101.00 level in recent trade. The dollar yen pair… View Article
November 18, 2016
Morning all.. Wall St closed firmer again even as the dollar rallied yet again with the S&P up 0.47%. Asia had a busy session as US yields and the dollar extended gains. The Nikkei closed up 0.59% as USDJPY busted through 110.00 and extended through Asia to 110.78. BoJ’s Kuroda: BoJ prepared to conduct fixed-rate… View Article
November 17, 2016
Retail sales data from the UK beat expectations across the board this morning. Sterling continued its leg higher off the back of this news. However, this strength has not persisted with cable meeting resistance at 1.25. All but one of the Eurozone CPI data points came in as expected at 10:00 GMT; construction output was… View Article
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