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FX market outlook

Posted on Thursday, April 25 2019 at 8:44 am GMT+0000

King dollar returns as investors flee euro, loonie Written by Marios Hajikyriacos, XM Investment Research -Dollar index soars to 2-year high as euro, commodity currencies suffer -BoC remains on hold but abandons rate-hike bias; loonie drops -BoJ commits to low rates until 2020 but yen snoozes ‘King dollar’ returns as euro and antipodeans lose their […]

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FX market outlook

Posted on Wednesday, April 24 2019 at 8:33 am GMT+0000

BoC may disappoint bears; US stocks hit records Written by Marios Hajikyriacos, XM Investment Research – Bank of Canada may not be as dovish as markets expect today – US stocks close at new record highs on blockbuster earnings – Dollar rallies amid demand for US equities – Aussie suffers after disappointing CPIs fuel rate-cut […]

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FX market outlook

Posted on Tuesday, April 23 2019 at 8:26 am GMT+0000

Earnings season fires up; aussie retreats Written by Marios Hajikyriacos, XM Investment Research – Nasdaq 100 at record highs ahead of key earnings – Aussie pulls back ahead of inflation data early on Wednesday – Sterling retreats as PM May prepares to stave off another ‘Tory rebellion’ Nasdaq 100 cruises to record highs as earnings […]

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FX market outlook

Posted on Monday, April 22 2019 at 8:56 am GMT+0000

Oil jumps as US ‘tightens the screws’ on Iran Written by Marios Hajikyriacos, XM Investment Research   – Oil soars as US prepares to impose full sanctions on Iran – Currencies enter holiday lull – Loonie eyes BoC policy meeting on Wednesday Oil jumps as US ‘tightens the screws’ on Iran Energy markets came back […]

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FX market outlook

Posted on Friday, April 19 2019 at 8:38 am GMT+0000

Dollar powers ahead on strong data; euro stumbles – US dollar and Wall Street lifted by solid economic data and earnings – But euro, pound, aussie and kiwi turn lower on Eurozone woes, resurgent dollar – Thin liquidity expected today as many markets closed for Good Friday US recession fears ebb after retail sales bounce […]

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FX market outlook

Posted on Thursday, April 18 2019 at 8:34 am GMT+0000

Wall Street pulls back; euro hit by German PMIs – US markets retreat as healthcare stocks ‘feel the Bern’ – Moves in FX generally subdued, but euro takes a hit after German PMIs – Retail sales data coming up in UK, US, and Canada today Wall Street inches down as healthcare stocks weigh ‘Sanders risk’ […]

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FX market outlook

Posted on Wednesday, April 17 2019 at 8:49 am GMT+0000

Aussie jumps on China GDP boost but limited gains for stocks – Fears of a global slowdown ease substantially after China posts stronger-than-expected GDP data for the first quarter – The data lifts risk-assets with the Australian dollar being the main beneficiary – But broader gains are limited amid caution about the outlook China GDP […]

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FX market outlook

Posted on Tuesday, April 16 2019 at 8:51 am GMT+0000

Major pairs steady as China GDP awaited; aussie slips on rate cut bets – Dollar steady as markets await economic releases for more clues on outlook amid signs of green shoots – China GDP will be the week’s highlight and key in building on the current risk-on tone – Market mood to also be determined […]

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