Archive for March, 2011

  • The dollar is mixed, falling against AUD and NZD while rising against JPY amid recovering risk appetite. USD/JPY rose 0.7%, trading around the ¥83 level, while AUD/USD is up 0.2%,...

    Daily Market Review 03/30/11

    The dollar is mixed, falling against AUD and NZD while rising against JPY amid recovering risk appetite. USD/JPY rose 0.7%, trading around the ¥83 level, while AUD/USD is up 0.2%,...

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  • FX markets experience some volatility as the Yen weakened against most major currencies as riskier assets continues to perform well.  The euro firmed after comments from Jean-Claude Trichet affirmed the...

    Daily Market Review 03/29/11

    FX markets experience some volatility as the Yen weakened against most major currencies as riskier assets continues to perform well.  The euro firmed after comments from Jean-Claude Trichet affirmed the...

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  • The dollar is stronger and risk appetite was weighted down overnight by a worsening of the nuclear situation in Japan and lower than expected earnings. The yen is down 0.5%...

    Daily Market Review 03/28/11

    The dollar is stronger and risk appetite was weighted down overnight by a worsening of the nuclear situation in Japan and lower than expected earnings. The yen is down 0.5%...

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  • Monday March 28, 2011 – US Pending Home Sales (1400 GMT) US Pending Home Sales tracks residential housing contract activity of existing single-family homes. The Pending Home Sales report is...

    Weekly Trading Opportunities 03/24/11

    Monday March 28, 2011 – US Pending Home Sales (1400 GMT) US Pending Home Sales tracks residential housing contract activity of existing single-family homes. The Pending Home Sales report is...

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  • The dollar was mixed in today’s trading, rising modestly against the pound, and especially against the yen and Swiss franc, but falling against the Australian and New Zealand dollars on...

    Daily Market Review 03/25/11

    The dollar was mixed in today’s trading, rising modestly against the pound, and especially against the yen and Swiss franc, but falling against the Australian and New Zealand dollars on...

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  • The dollar was mixed in this morning’s trading.   Investor risk appetite picked up into the London morning, driving equities higher.  The EUR is up after declining for two sessions, despite...

    Daily Market Review 03/24/11

    The dollar was mixed in this morning’s trading.   Investor risk appetite picked up into the London morning, driving equities higher.  The EUR is up after declining for two sessions, despite...

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  • The dollar consolidated, with the exception of strengthening 0.4% versus sterling.  GBP/USD broke below the 1.63 level following the release of the BoE minutes showing a 6-3 split in favor...

    Daily Market Review 03/23/11

    The dollar consolidated, with the exception of strengthening 0.4% versus sterling.  GBP/USD broke below the 1.63 level following the release of the BoE minutes showing a 6-3 split in favor...

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  • The dollar is mostly weaker as investor willingness to take on risk continues today. The dollar block currencies in particular have rallied, with the Australian, New Zealand and Canadian dollars...

    Daily Market Review 03/22/11

    The dollar is mostly weaker as investor willingness to take on risk continues today. The dollar block currencies in particular have rallied, with the Australian, New Zealand and Canadian dollars...

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  • The dollar is mostly weaker except against the yen and swiss, as risk appetite increases during the trading session.  Encouraging developments in the Japanese nuclear situation helped USD/JPY consolidate above...

    Daily Market Review 03/21/11

    The dollar is mostly weaker except against the yen and swiss, as risk appetite increases during the trading session.  Encouraging developments in the Japanese nuclear situation helped USD/JPY consolidate above...

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  • Monday – March 21, 2011 – US Existing Home Sales (1400 GMT) Existing home sales records sales of previously owned homes in the United States . This report provides a...

    Weekly Trading Opportunities 03/17/11

    Monday – March 21, 2011 – US Existing Home Sales (1400 GMT) Existing home sales records sales of previously owned homes in the United States . This report provides a...

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  • Coordinated G7 intervention to counteract “excess volatility and disorderly markets” was announced.  The BOJ, Bundesbank, BOE and Bank of France have entered currency markets selling yen against the dollar and...

    Daily Market Review 03/18/11

    Coordinated G7 intervention to counteract “excess volatility and disorderly markets” was announced.  The BOJ, Bundesbank, BOE and Bank of France have entered currency markets selling yen against the dollar and...

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  • The dollar declined against most currencies today. The yen is slightly stronger trading around the 78.90 level after a very volatile session, the euro is up nearly 1% and other...

    Daily Market Review 03/17/11

    The dollar declined against most currencies today. The yen is slightly stronger trading around the 78.90 level after a very volatile session, the euro is up nearly 1% and other...

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  • The story of the day in the currency markets was the strength of the Yen. The uncertain situation in Japan, a credit rating downgrade to Portugal, and Bahrain’s government declaring...

    Daily Market Review 03/16/11

    The story of the day in the currency markets was the strength of the Yen. The uncertain situation in Japan, a credit rating downgrade to Portugal, and Bahrain’s government declaring...

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  • The US dollar extended its gains against most major currencies but continues to trade with a weaker tone against the yen and the Swiss franc. Price action is being driven...

    Daily Market Review 03/15/11

    The US dollar extended its gains against most major currencies but continues to trade with a weaker tone against the yen and the Swiss franc. Price action is being driven...

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  • The euro extended its rally into the London morning and periphery sovereign debt yields are sharply lower, except those for Ireland.  The agreement in principle by EU leaders improved the...

    Daily Market Review 03/14/11

    The euro extended its rally into the London morning and periphery sovereign debt yields are sharply lower, except those for Ireland.  The agreement in principle by EU leaders improved the...

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  • Monday March 14, 2011 – Japan Interest Rate Decision and Industrial Production (0030 GMT) The Bank of Japan will release its interest rate decision.  Expectation are for unchanged rates and...

    Weekly Trading Opportunities 03/10/11

    Monday March 14, 2011 – Japan Interest Rate Decision and Industrial Production (0030 GMT) The Bank of Japan will release its interest rate decision.  Expectation are for unchanged rates and...

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  • The US dollar is set to end the week higher, up four of the last five trading days, stemming from a combination of fiscal woes in the periphery, heightened geopolitical...

    Daily Market Review 03/11/11

    The US dollar is set to end the week higher, up four of the last five trading days, stemming from a combination of fiscal woes in the periphery, heightened geopolitical...

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  • The US dollar was stronger, benefitting in part from euro weakness as the sovereign debt returns to the fore and geopolitical tensions linger. The euro fell to the lowest level...

    Daily Market Review 03/10/11

    The US dollar was stronger, benefitting in part from euro weakness as the sovereign debt returns to the fore and geopolitical tensions linger. The euro fell to the lowest level...

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  • The US dollar pared back some of yesterday’s gains as the outlook for the ECB rate hike continues to outweigh concerns over the peripheral sovereign debt crisis. The euro recovered...

    Daily Market Review 03/09/11

    The US dollar pared back some of yesterday’s gains as the outlook for the ECB rate hike continues to outweigh concerns over the peripheral sovereign debt crisis. The euro recovered...

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  • The US dollar is paring some its recent losses, against the majors and most EMs as well, stemming in part from a technical correction and yesterday’s reminder that the euro...

    Daily Market Review 03/08/11

    The US dollar is paring some its recent losses, against the majors and most EMs as well, stemming in part from a technical correction and yesterday’s reminder that the euro...

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  • The US dollar begins the week on a softer footing with expectations that the Fed will lag behind many of the developed market central banks remaining the key underlying theme....

    Daily Market Review 03/07/11

    The US dollar begins the week on a softer footing with expectations that the Fed will lag behind many of the developed market central banks remaining the key underlying theme....

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  • Monday – March 7 2011 – Japan Leading Index (500 GMT) The Japan Leading Index is a composite of 12 major leading indices for Japan . Movements in these indicators...

    Weekly Trading Opportunities 03/03/11

    Monday – March 7 2011 – Japan Leading Index (500 GMT) The Japan Leading Index is a composite of 12 major leading indices for Japan . Movements in these indicators...

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  • The euro held on to its firm tone following the ECB’s surprisingly hawkish language, reaching a four month high against the dollar and also against the yen, with a break...

    Daily Market Review 03/04/11

    The euro held on to its firm tone following the ECB’s surprisingly hawkish language, reaching a four month high against the dollar and also against the yen, with a break...

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  • Global equity markets are broadly higher, with risk appetite gradually returning after news of a possible Libyan peace plan. Asian stocks pared some of their weekly losses, with the MSCI...

    Daily Market Review 03/03/11

    Global equity markets are broadly higher, with risk appetite gradually returning after news of a possible Libyan peace plan. Asian stocks pared some of their weekly losses, with the MSCI...

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  • The US dollar remains under pressure as interest rate expectations and the recycling of petro dollars is keeping the dollar soft ahead of the ECB meeting and non-farm payrolls. After...

    Daily Market Review 03/02/11

    The US dollar remains under pressure as interest rate expectations and the recycling of petro dollars is keeping the dollar soft ahead of the ECB meeting and non-farm payrolls. After...

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  • Global equity markets were mostly lower as surging oil prices created concerns that consumer spending would decline. Asian stocks advanced for the third straight day with the MSCI Asia Pacific...

    Daily Market Review 03/01/11

    Global equity markets were mostly lower as surging oil prices created concerns that consumer spending would decline. Asian stocks advanced for the third straight day with the MSCI Asia Pacific...

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