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FX market outlook

Posted on Friday, March 1 2019 at 9:45 am GMT+0000

Yen crumbles as risk sentiment improves, dollar rebounds   Dollar rebounds after US GDP beats expectations, looks to ISM manufacturing index Yen falls to two-month lows as solid Chinese PMIs reinvigorate risk appetite Busy schedule today: Eurozone inflation data, UK manufacturing PMI, Canadian GDP Dollar inches up as US GDP overcomes forecasts, but stocks struggle […]

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FX market outlook

Posted on Thursday, February 28 2019 at 9:50 am GMT+0000

Stocks retreat as trade optimism fades, growth concerns return Risk aversion prevails as top US trade official reins in optimism, Chinese PMIs disappoint Sterling cruises even higher as no-deal Brexit risks fades Oil rebounds on supply news, but pulls back on demand concerns Today, German inflation and US GDP data will be in focus Risk-off […]

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FX market outlook

Posted on Tuesday, February 26 2019 at 9:49 am GMT+0000

Trade rally eases as caution sets in; Powell testimony eyed   · Risk rally eases amid some caution on prospect of US-China trade deal · Immediate focus to shift to Fed Chairman Jerome Powell’s congressional testimony · Pound jumps as May considers taking no-deal Brexit off the table · Oil slumps after Trump tells OPEC […]

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FX market outlook

Posted on Monday, February 25 2019 at 9:56 am GMT+0000

Aussie and Chinese stocks lifted as Trump delays tariff deadline; dollar steady Trump extends March 1 deadline, citing “substantial progress” in trade talks with China Aussie and Chinese shares surge on the news but overall market reaction muted Pound inches higher on increased talk of Brexit delay US and China edge closer to a trade […]

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FX market outlook

Posted on Friday, February 22 2019 at 9:39 am GMT+0000

All eyes on Washington as trade talks wrap up Markets will focus on trade today, as another round of US-China talks wraps up Euro looks to Germany’s Ifo survey and remarks by ECB’s Draghi Meanwhile, antipodeans are mixed amid headlines out of China and the RBNZ All eyes on Washington as another round of trade […]

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FX market outlook

Posted on Thursday, February 21 2019 at 9:43 am GMT+0000

Dollar ticks up after Fed minutes; aussie sinks Dollar ticks up after Fed minutes keep possibility of rate hikes alive European PMIs and ECB minutes highlight today’s agenda Aussie torpedoed as Chinese port bans Australian coal imports High-level trade talks resume in Washington Dollar crawls higher as Fed minutes aren’t as dovish as expected The […]

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Chances for a Euro recovery are easing, while gold continues to shine

Posted on Wednesday, February 20 2019 at 3:24 pm GMT+0000

Chances for a Euro recovery after last week’s declines are easing. After having capitalized on the dollar’s weakness, the Euro retreated amid the recent slowdown in growth and weak economic releases in the euro zone, and now deepened the decline amid political glitches and the same time pressured by European Central Bank’s decisions. Political risks […]

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FX market outlook

Posted on Wednesday, February 20 2019 at 9:48 am GMT+0000

Dollar retreats ahead of Fed minutes; pound soars Greenback pulls back on expectations for ‘dovish’ Fed minutes today Pound outperforms, soars back above $1.30 without Brexit news Gold sails past 10-month highs amid a quiet flight to safety Dollar retreats as traders brace for ‘dovish’ Fed minutes The dollar gave up some early gains on […]

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FX market outlook

Posted on Tuesday, February 19 2019 at 9:37 am GMT+0000

Markets quiet as trade talks resume Markets quiet as new round of trade talks kicks off Sterling unfazed as Labour MPs split, looks to UK jobs data today Yen ticks down after BoJ chief teases further easing Subdued market moves ahead of fresh negotiating round Stocks in Asia are mostly in the green on Tuesday, […]

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With Brexit in limbo, pound looks to UK jobs data

Posted on Monday, February 18 2019 at 5:06 pm GMT+0000

The latest British employment data are due for release on Tuesday, at 09:30 GMT. Forecasts point to some further acceleration in wage growth during December, which is encouraging and could support the pound on the news. That said, with less than six weeks left until the UK exits the EU, and still no agreement in […]

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