US Unemployment Claims may Boost Dollar
February 8, 2012 4:17 pm by Dan EduardThe US dollar spent much of the day today range trading against most of its main currency rivals, including the euro, British pound and Swiss franc. Traders were hesitant to bet against the greenback ahead of possible news on ...
Interest Rates, Sovereign Debt, and Event Risk
June 6, 2011 1:12 pm by Russell GlaserThis week’s trading is highlighted by a mix of potential monetary policy moves and sovereign debt risks.
Will the Reserve Bank of Australia Raise Interest Rates in 2011?
May 9, 2011 6:27 pm by Greg HoldenPerhaps sliding past market analyses last week amid the hullabaloo over European interest rates and US Non-Farm Payrolls (NFP) was the official rate policy statement by the Reserve Bank of Australia (RBA). Not affecting currency values in any extreme way, ...
RBA Holds Rates Steady Despite Inflationary Pressures
May 3, 2011 2:49 pm by Greg HoldenThe Reserve Bank of Australia (RBA) announced this morning that it would hold its benchmark rate steady at 4.75% despite the recent surge in inflationary data releases. The result was a sudden downturn in Australian dollar (AUD) values across several ...
Is the Fed Weakening the USD Intentionally?
April 15, 2011 4:20 pm by Greg HoldenMany investors watching the news out of the United States and Europe have begun to anticipate a rapid downturn in US dollar values in the immediate future, it appears. Commentary on the disparity between the monetary policies of the Atlantic ...
Weekly Summary: Feb. 28-Mar. 4
March 4, 2011 12:05 pm by Dan EduardForex traders saw extreme volatility throughout the week as several global developments impacted the market. Middle East violence, a possible euro-zone interest rate hike and continuous concerns regarding unemployment in the US have been driving the markets for the ...
Pound Defies Inflationary Pressures
February 17, 2011 4:01 pm by Russell GlaserDespite the knee jerk reaction by traders following yesterday’s Bank of England inflation report, UK interest rates are expected to rise, just not as fast as previously expected. If yesterday’s price action in the GBP/USD was any indication of what ...
Interest Rate Differentials Drive EUR/CHF
February 10, 2011 6:58 pm by Russell GlaserThe euro came under renewed pressure today as spreads on Portuguese debt widened versus its German counterparts. The rise in spreads may have been caused by renewed fiscal worries in the euro zone. However, deflationary pressures in Switzerland may prevent ...
European Interest Rates on Tap Today
February 3, 2011 7:00 am by Greg HoldenRising market optimism seems to have driven a number of the higher-yielding, European currencies upward in value this week. The US dollar, on the other hand, has experienced a steady free-fall against the majority of its primary currency counterparts as ...
Asian Slowdown Sparks Dollar Rally
November 16, 2010 11:06 pm by Russell GlaserFears of Asian governments putting the brakes on their economies to ward off inflation hit markets today driving equities lower and the dollar higher against the major currencies, especially the euro. Commodities also suffered a tough trading day falling sharply.
