Daily FX / Forex trading commentaries
FX / Forex trading commentaries and briefings from the leading FX specialists, market analysts, traders and dealers.
13 May 2013, Nawaz Ali, Western Union Business Solutions
The G7 gave Japan another thumbs up on its aggressive monetary easing policy which has put extreme downward pressure on the JPY, with leaders ending last week’s meeting with relatively soft communication on currency markets.
13 May 2013, Jonathan Sudaria, Capital Spreads
European equities look set to open flat as traders wait for further cues. Despite another set of all time high finishes in the US on Friday and the associated images of high fiving traders on the NYSE floor doing the rounds, their confidence hasn’t carried over to other regions.
13 May 2013, Simon Smith, FxPro
The forex market has been breaking down barriers over the past few sessions following on from a period of reticence.
10 May 2013, Anthony Belcher, Interactive Data
Daily highlights from the European Sovereign, Supranational and Agency Markets.
10 May 2013, Mark Deans, Moneycorp
In the few minutes before the Bank released the MPC's verdict yesterday, sterling spiked half a cent lower, only to stage a complete recovery when it became clear that the Bank Rate would remain at 0.5%.
10 May 2013, Alistair Cotton, Currencies Direct
It looks as though the BoE are waiting for the new Governor before they change policy, after they kept interest rates and the asset purchase scheme on hold at their monthly meeting yesterday.
10 May 2013, Nawaz Ali, Western Union Business Solutions
The big loser from the overnight Asian session was the Japanese yen, dropping to fresh 4-year lows against the US dollar following data suggesting that Japanese investors are now looking abroad.
10 May 2013, John J Hardy, Saxo Bank
The greenback made a sweeping statement yesterday that could prove a signal for strong further gains – as USDJPY broke 100 late yesterday. Now it’s up to EURUSD and the 1.3000 level to build the case for a lasting USD revival.
10 May 2013, Richard Driver, CaxtonFX
It was another good news session for the pound yesterday, as impressive UK manufacturing and industrial production figures underlined the UK economy’s strong start to 2013.
10 May 2013, Simon Smith, FxPro
Yesterday saw the strongest 1 day dollar appreciation since late 2011, going by the DXY dollar index. The better claims data were supportive, with more stops triggered in the market as USDJPY breached 100 and the Aussie broke to 10 month lows.
10 May 2013, Jonathan Sudaria, Capital Spreads
European equities are set to open mixed as the negative close in the US and a choppy Asian session raise questions over the longevity of the rally.
9 May 2013, Anthony Belcher, Interactive Data
Daily highlights from the European Sovereign, Supranational and Agency Markets
9 May 2013, Philip Ryan, Currencies Direct
A combination of better than expected Chinese export growth and German Industrial production has boosted appetite in the markets and led to EUR/USD driving higher yesterday.
9 May 2013, Nawaz Ali, Western Union Business Solutions
The Australian and New Zealand dollars were in the spotlight again in last night’s Asian session, producing a surprise turnaround, while sterling is set to take centre stage in today’s European programme as the Bank of England prepares to announce its latest monetary policy decision.
9 May 2013, Mark Deans, Moneycorp
At a press conference yesterday Luca Montezemolo, the chairman of Ferrari, said his firm would produce no more than 7,000 cars this year, 4% fewer than in 2012, despite having orders for more than that.