Daily Outlook – Currencies Range Trading

Here are the latest Financial News: U.S. Dollar Trading (USD) with little movement seen in the markets overnight the Dollar finished roughly where it began against most pairs. Weekly Jobless Claims were strong at 421k vs. 435k forecast. In US stocks, DJIA -2 points closing at 11370, S&P +4 points... Read the article »

Daily Forex Outlook – US Jobs Grow at Fastest rate in 3 Years

Here are the latest Financial News: CURRENCY TRADING SUMMARY – 5th April (00:30GMT) U.S. Dollar Trading (USD) was broadly stronger in thin trading after the March Jobs report showed +162k new jobs and solid revisions in February and January. The March Unemployment Rate was steady at 9.7%. USD/JPY... Read the article »

Daily Forex Outlook – US Non Farm Payrolls Ahead

Here are the latest Financial News: CURRENCY TRADING SUMMARY – 5th March (00:30GMT) U.S. Dollar Trading (USD) was strong even as stock markets remained positive as the EUR/USD slumped after the ECB announcement and USD/JPY rallied on increasing US Bond Yields. Weekly Jobless Claims improved to... Read the article »

Daily Forex Outlook – Pound Skids to 10 Month Low

Here are the latest Financial News: Pound Skids to 10 Month Low CURRENCY TRADING SUMMARY – 2nd March (00:30GMT) U.S. Dollar Trading (USD) had a mixed day with strength against the Pound and Euro not being replicated against risk currencies such as CAD and AUD which tracked stock markets higher.... Read the article »

Special FX Report – When is a rate hike not a rate hike?

Here are the latest Financial News: The Fed surprised the markets Thursday and hiked the discount rate 25bps to 0.75%. Stocks and commodities declined and the USD rallied to a nine month high in reaction to the Fed’s discount rate hike. Stocks and commodities rebounded from earlier losses and the... Read the article »

US Morning Notes – USD higher, Italian debt troubles, IMF gold sales

Here are the latest Financial News: FX Highlights The USD is trading higher in reaction to Wednesday’s FOMC minutes which state that the Fed discussed a possible discount rate hike in January and in reaction to concern about bad loans in Italy, GBP pressured by report of worse than expected UK... Read the article »

EU Morning Report – EURUSD rallies as a lack of further developments in Greece causes a round …

Here are the latest Financial News: EURUSD rallies as a lack of further developments in Greece causes a round of short covering! Yesterday’s trading saw some exciting rallies across the major asset classes, majors in FX, commodities and Equities. Risk appetite was elevated as NY Fed Empire State... Read the article »

Daily Forex Report – USD higher, Chinese rate hike sparks risk aversion

Here are the latest Financial News: USD: Higher, China hikes reserve rates, stocks and commodities decline JPY: Lower, Nikkei closes higher before the China rate announcement EUR: Lower, doubt about the Greek rescue, EU growth slows GBP: Lower, downside limited by gains in cross to EUR CAD and AUD:... Read the article »