General Inquiries: 1-888-223-3934 | Trading Desk: 1-888-729-9716
Privacy Policy Contact us User Login


2018-10-16 08:15

It's crunch time for Brexit negotiations

• GBP leads broad USD weakness ahead of EU summit tomorrow.
• UK wages beat expectations in September employment report.
• German ZEW disappoints.
• USDCAD continues lower after upbeat Business Outlook Survey ups rate hike odds for next week.
• BTP/Bund spread narrows as Italy submits budget to the EU.

Tags: currency news , usd , gbp , eur , cad , foreign currency market analysis , currency market rates

Posted By Isabella Guevara at 08:15 AM

Read More


2018-10-15 08:15

Gold leads EUR & AUD higher while GBP fills Sunday opening chart gap

• USD not showing safe haven status again today.
• Brexit negotiations at yet another impasse. Theresa May to speak later this morning. EU Summit on deck Oct 17-18.
• US Retail Sales disappoint, coming in +0.1% MoM vs +0.5% expected.
• Bank of Canada’s quarterly Business Outlook Survey out at 10:30amET.
• Italian budget deadline with EU looms. Cabinet to meet 11amET.

Tags: currency news , usd , gbp , eur , cad , foreign currency market analysis , currency market rates

Posted By Jennifer Danuff at 08:15 AM

Read More


2018-10-12 08:15

Announced Trump/Xi G20 meeting + strong Chinese export data helps global equities bounce

• Crude regains $71 support level, keeping USDCAD under pressure ahead of large 1.3000 expiries.
• PBOC fixes USDCNY higher again, helping to cap EURUSD. 1.1550 option expiries likely weighing as well.
• GBP traders eyeing EU summit next week.
• AUDUSD shorts have something to think about with copper fundamentals/technicals looking rosy.
• USDJPY bounces with global equities, but watch 2740s in the S&P.

Tags: currency news , usd , gbp , eur , cad , foreign currency market analysis , currency market rates

Posted By Jennifer Danuff at 08:15 AM

Read More


2018-10-11 08:15

US stocks plunge, but risk-off sentiment does not help USD broadly

• “I think the Fed has gone crazy”, says Trump.
• Is the market thinking the Fed may have to ease up on rate hikes?
• USD trading broadly weaker into US CPI figures at 8:30amET.
• Weekly EIA oil inventories out at 11amET today.

Tags: currency news , usd , gbp , eur , cad , foreign currency market analysis , currency market rates

Posted By Isabella Guevara at 08:15 AM

Read More


2018-10-10 08:15

USD trading mixed into NY session

• September US PPI meets expectations on the MoM figure, misses slightly YoY.
• August Canadian Building Permits miss consensus. Prior month revised lower.
• Italian politicians keep spooking Italian bonds while UK Brexit sentiment improves ahead of EU Summit.
• AUDUSD reverses breakout attempt.
• Crude oil trading steady despite upgrade to Hurricane Michael and bullish comments from energy trading houses.

Tags: currency news , usd , gbp , eur , cad , foreign currency market analysis , currency market rates

Posted By Jennifer Danuff at 08:15 AM

Read More


2018-10-09 08:15

Italian bond sell off, China RRR cut, IMF growth downgrade sours risk appetite

• Risk off flows see broad demand for USD, but some calm returning ahead of NY open.
• Canadian Housing Starts miss expectations for September.
• Fed’s Evans speaking at 10am. BoE’s Broadbent at 10:30amET. BoC’s Wilkins at 2pmET.
• This week’s calendar features US inflation data (PPI & CPI).
• EIA oil inventory data out Thursday due to Monday holiday.

Tags: currency news , usd , gbp , eur , cad , foreign currency market analysis , currency market rates

Posted By Isabella Guevara at 08:15 AM

Read More


2018-10-05 08:15

It's jobs Friday again!

• Traders eagerly awaiting US & Canadian employment data for August, out at 8:30amET.
• USDCAD fills Sunday opening gap, benefits from risk aversion/crude oil selling yesterday.
• GBPUSD rallies again on more positive Brexit headlines. Deal on Irish border apparently “very close”.
• EURUSD trying to hold 1.1500 level, which features option expiries today.
• USDJPY off its highs amid yesterday’s “risk off” move in equities, but uptrend not yet broken.

Tags: currency news , usd , gbp , eur , cad , foreign currency market analysis , currency market rates

Posted By Jennifer Danuff at 08:15 AM

Read More


2018-10-04 08:15

Beats on US ADP/Services ISM sees US yields explode higher

• Hawkish comments from Powell add to broad USD strength in late NY trade yesterday.
• Global yield rise leading to “risk off” fears for equities today, pulling USDJPY off highs.
• Positive Brexit headlines on Irish border helps GBPUSD bounce. EURUSD follows.
• CAD traders marking time ahead of US & Canadian job reports tomorrow.
• AUDUSD slips to new 52 week low.

Tags: currency news , usd , gbp , eur , cad , foreign currency market analysis , currency market rates

Posted By Isabella Guevara at 08:15 AM

Read More


2018-10-03 08:15

USD trading broadly higher but within yesterday's ranges

• Italy vows to reduce deficit in 2020 & 2021, but EUR and Italian assets dial back initial excitement.
• Theresa May defends her Brexit plan, talks tough on EU on final day of Tory conference.
• Australian Building Permits (Aug) miss expectations, AUD leads G7 FX weakness.
• US ADP employment report (Sep) beats expectations, helps USD into NY open.
• US Non-Manufacturing ISM (Sep) on deck at 10amET. EIA oil inventory report at 10:30amET.
• Fed’s Powell speaks at 4pm in D.C.

Tags: currency news , usd , gbp , eur , cad , foreign currency market analysis , currency market rates

Posted By Rachel Butler at 08:15 AM

Read More


2018-10-02 08:15

Italian budget fears take center stage again

• Italian assets and EURUSD hit, but trying to recover now.
• Hang Sang gets hammered.
• RBA keeps Australian rates on hold.
• Crude oil extends rally on declining Iranian oil exports.
• UK Tory conference continues today with Boris Johnson speaking.

Tags: currency news , usd , gbp , eur , cad , foreign currency market analysis , currency market rates

Posted By Isabella Guevara at 08:15 AM

Read More

Pages: 1 2 3 4 5 6 7 8 9 10  »

Search



News Archive