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FX market outlook

Posted on Friday, December 7 2018 at 9:46 am UTC

Dollar moves off lows ahead of US jobs report but weighed by talk of Fed pause US dollar edges up from lows as risk sentiment improves, but expectations that the Fed could soon pause its rate hike cycle limit gains US Treasury yields fall sharply on Wall Street Journal report that Fed is considering “wait-and-see” […]

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FX market outlook

Posted on Thursday, December 6 2018 at 9:36 am UTC

Risk sentiment sours; OPEC summit front and center Risk appetite crumbles as US arrests Huawei CFO, generating worries of re-escalation in the trade conflict Today, all eyes are on OPEC’s meeting (1200 GMT); expectations for a production cut are elevated Loonie nosedives to a 1½-year low as BoC shifts to a more cautious stance Risk […]

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FX market outlook

Posted on Wednesday, December 5 2018 at 9:44 am UTC

Stocks sink amid trade woes; BoC decision eyed Trump’s trade posturing sinks stock markets Bank of Canada to stand pat (1500 GMT), but may appear a touch more cautious Dollar bounces after Fed’s Williams reiterates “gradual hikes” Sterling remains turbulent as Parliamentary debate kicks off Equities sink on Trump’s trade posturing Wall Street plunged, with […]

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FX market outlook

Posted on Tuesday, December 4 2018 at 9:52 am UTC

Markets retrace as trade optimism wanes Trade optimism fades as markets digest the agreement Dollar extends recent pullback Oil continues to recover amid speculation for an OPEC cut RBA slightly more upbeat, but no policy change in sight Stocks edge higher on trade relief, but optimism wanes The boost to global risk appetite following the […]

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FX market outlook

Posted on Monday, December 3 2018 at 9:50 am UTC

Risk-on sentiment resumes as trade storm eases Stocks up, dollar down as trade fears ease French President Macron under political pressure but euro heads up Brexit risks Oil surges as Russian President backs production cuts; Qatar to withdraw OPEC membership Stocks head higher on trade relief   The US President, Donald Trump, and the Chinese leader, […]

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FX market outlook

Posted on Friday, November 30 2018 at 9:27 am UTC

All eyes on the Trump-Xi meeting The Trump-Xi meeting is due tomorrow; whether a “ceasefire” is agreed may determine the near-term direction of the dollar and equities Market reaction to FOMC minutes was muted. Attention turns to a speech by NY Fed President Williams today at 1400 GMT Oil rebounds after posting fresh one-year lows, […]

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FX market outlook

Posted on Thursday, November 29 2018 at 9:31 am UTC

Powell sinks dollar, but mind the Fed minutes Dollar drops as Powell appears “dovish”. However, markets may have overreacted, hence today’s Fed minutes (1900 GMT) may be crucial Equities and commodity-currencies lifted by Powell’s remarks Pound capitalizes on dollar’s pullback and signs voters may support May’s deal Dollar drops as Powell appears “cautious”, but Fed […]

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FX market outlook

Posted on Wednesday, November 28 2018 at 9:45 am UTC

Greenback eyes Fed Chair Powell’s speech Dollar flirts with 1½-year highs as Fed’s Clarida “sticks to script” on hikes; remarks by Fed Chair Powell today at 1700 GMT will be key Stocks briefly slip on rumors of car tariffs but recover on Kudlow’s optimism Pound remains under pressure as political uncertainty reigns Dollar firms as […]

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FX market outlook

Posted on Tuesday, November 27 2018 at 9:40 am UTC

Dollar turns its sights to Fed speakers; pound tumbles Euro unable to sustain Italy-related gains, as ECB President Draghi struck a more cautious tone amid weakening data Dollar exploits euro’s softness, advancing nearly across the board; all eyes will turn to a speech by Fed Vice Chair Clarida today, at 1330 GMT US stocks rebound, […]

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FX market outlook

Posted on Monday, November 26 2018 at 9:23 am UTC

Sterling unimpressed by EU leaders approving Brexit deal Pound unimpressed by EU leaders approving Brexit deal, as UK Parliamentary endorsement still looks highly unlikely. Euro drifts lower after soft PMIs heighten speculation for a cautious ECB. President Draghi’s remarks today will be watched closely. Loonie unable to rally after decent data, as oil prices continue […]

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