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- Submitted Mar 25, 2015|From marketpulse.com|15 comments
The Euro is doing its best to shake that ‘bad boy’ image as it again attempts to climb higher outright versus the dollar. Given the forex markets current run of unpredictable moves, only time will tell if the single unit is capable of taking on ...
- Submitted Mar 23, 2015|From marketpulse.com
The Canadian dollar is starting off the week on the front foot (CAD$1.2507) and this despite crude prices trading a tad softer ($55 Brent) as the Saudis continue to pump more. Saudi Arabia has indicated it was now pumping near a record high of 10 ...
- Submitted Mar 19, 2015|From marketpulse.com|1 comment
Federal Reserve Chair Janet Yellen has been a dollar bull’s friend for a very long time, but yesterday she took the first step to break that symbiotic relationship. Whereas investors have for the past 18 months been depending on the Fed to grease ...
- Submitted Mar 17, 2015|From marketpulse.com|1 comment
It’s no real surprise to see that major currency pairs prefer to keep to tight trading ranges ahead of tomorrow’s FOMC outcome. Tomorrow’s “patient” calls on whether U.S policy members will vote to keep it in the statement is not a forgone ...
- Submitted Mar 16, 2015|From marketpulse.com|8 comments
The Federal Reserve will take center stage this week. It is not the only central bank that is expected to have an impact, but it will be the most significant. The Bank of Japan concludes its two-day policy meeting on Tuesday while the Bank of ...
- Submitted Mar 11, 2015|From marketpulse.com|3 comments
The global rate differentials argument continues to have the USD racking up fresh multi-year highs against its peers. It’s the same Capital Market story, just a different day, and in some cases a different currency handle. Currently for investors, ...
- Submitted Mar 10, 2015|From marketpulse.com
Dealers and investors are happy to walk the 19-member single unit down, and through their medium term target, the September 2003 lows atop €1.0762. There is no fuss, no sense of urgency, just a ‘matter of fact’ move lower for the newly backed QE ...
- Submitted Mar 10, 2015|From marketpulse.com
The CAD ($1.2590) is doing its best to gather some form of momentum this Monday despite last month’s sharp drop in Canadian housing starts. New starts headlines plummeted to annualized +156.3k units from a robust +187k January print. Market ...
- Submitted Mar 9, 2015|From marketpulse.com|1 comment
Historically the first full-trading day after a U.S payrolls release tends to be the quietest trading day of the month. So far, the start to this week in Capital Markets is rather anticlimactic when compared to last five-business days. The initial ...
- Submitted Mar 3, 2015|From marketpulse.com
Capital Market are finally on the move, albeit somewhat slow. Record low bond yields, record high global equities indices and strained forex ranges are beginning to provide more trading opportunities in these first few days of March. Lets hope that ...
- Submitted Mar 2, 2015|From marketpulse.com|1 comment
The Peoples Bank of China managed to get the jump on Capital Markets over the weekend. Chinese policyholders cut interest rates by -25bps for the second time in less than four-months. The Central Bank signaled out rising deflationary pressures as a ...
- Submitted Feb 25, 2015|From marketpulse.com
Like Yellen, Governor Poloz from the BoC did not provide a clear signal about whether the Bank of Canada will again lower interest rates at next week’s policy meeting during his speech yesterday. He emphasized that last months -25bps (on the back of ...
- Submitted Feb 24, 2015|From marketpulse.com
“Be seeing to be doing the right thing” something that Greece is delivering on this morning. A list of proposals submitted by the Greek government on how to overhaul the country’s economy appears to be “in line with the principles” set out by the ...
- Submitted Feb 10, 2015|From marketpulse.com
The forex market becomes more difficult to endure when “the” obvious trade is the only trade and when the appetite for that particular currency is no more, at lest temporarily. Currently, the market has its full for the U.S dollar, or at least until ...
- Submitted Feb 9, 2015|From marketpulse.com
This week is expected to be light on the U.S indicator front, but notable consumer sector numbers will be announced. After last Friday’s better-than-expected employment report, traders will be looking to see if the consumer sector gains in other ...
- Submitted Feb 4, 2015|From marketpulse.com|1 comment
The USD continues to struggle after last week’s lower than expected fourth quarter gross domestic product (GDP) figure. Softer data out of the U.S. combined with an optimistic outcome from Greek debt negotiations to push the EUR/USD higher. Newly ...
- Submitted Feb 3, 2015|From marketpulse.com|1 comment
Previously a covert, but now blatant, open and aggressive Central Bank monetary policy war is well underway. Over the past few weeks a plethora of Central Banks from Denmark to New Delhi, to down-under have been contributing to the whole process. ...
- Submitted Feb 2, 2015|From marketpulse.com|3 comments
The EUR/USD is rising as the european session is underway after an eventful end to January. The main factors continue to be: central bank intervention, growth forecasts and the escalating political uncertainty that affects Europe. The European ...
- Submitted Jan 28, 2015|From marketpulse.com
The USD is little changed as Capital Markets head stateside. Investors seem to be happy to wade to the sidelines ahead of today Fed policy announcement (no post-press conference). Currently, it seems that consensus are expecting modest changes to ...
- Submitted Jan 27, 2015|From marketpulse.com|4 comments
A large percentage of pro-traders would have taken yesterday’s EUR fall as an opportunity to lighten up their EUR short positions. Many have been hoping to recycle these EUR’s at higher levels to improve their portfolio average while maintaining ...