Submitted May 15, 2014|From marketpulse.com|1 comment

Presently, all news and data is going against the EUR. European growth remains very mixed with the word "contraction" being uttered more often than policy makers would like. Data released this morning indicates that the euro-zone's economy expanded ...

Submitted May 14, 2014|From marketpulse.com|1 comment

A mixed bag of UK data this morning has the pound on the move. Both jobless claims and average earning's missed their mark, while the unemployment rate slipped as expected to +6.8%. The claimant count fell by -25k (the market was looking for a -30k ...

Submitted May 13, 2014|From marketpulse.com|1 comment

EUR/USD has softened on Tuesday, as the pair has finally broken out from its rangebound trading. In the European session, the pair has dipped close to the 1.37 line. The euro has reacted negatively to a dismal German ZEW Economic Sentiment, as the ...

Submitted May 13, 2014|From marketpulse.com

What's with intraday forex volatility? Last week the market was teased and given a taste of times past after Draghi & company insinuated that Euro monetary policy is about to change come June 5th. So far, the ECB has been doing most of the lifting ...

Submitted May 12, 2014|From marketpulse.com

The euro is stable on Monday, after sustaining sharp losses late last week. In the European session, EUR/USD is trading in the mid-1.37 range. The euro showed plenty of volatility last week, as the currency almost touched the 1.40 line, only to ...

Submitted May 9, 2014|From marketpulse.com

The ECB has finally grabbed the markets attention. Draghi's words this week have certainly hooked investor's interest for next month's meeting. Asset class should be expecting greater volatility right up to the next rate announcement and press ...

Submitted May 8, 2014|From marketpulse.com|3 comments

Today's EUR volatility is a prime example of how the markets initial reaction of disappointment quickly turned into a strong belief that Draghi and company will get to act in the next interest rate announcement meeting on June 5th 2014. The single ...

Submitted May 7, 2014|From marketpulse.com|16 comments

Investors continue to search for solid reasons for some of the current forex market moves. Sterling and EUR has been easy as investors cite yesterday's somewhat surprising PMI headline prints, however, the dollars move is more of a mystery. Its ...

Submitted May 6, 2014|From marketpulse.com|8 comments

Investors did get to see a forex move, however it maybe fleeting as the market now waits for Central Bank guidance. The mighty dollar has slid in early European trading, pushing the pound to its highest level in three-years and the 18-member single ...

Submitted May 5, 2014|From marketpulse.com|7 comments

NFP did surprise, completing a week of whipsaw data - softer than expected GDP report followed by very strong employment data. However, the bigger surprise was the dollar weakening despite crushing many expectations. In the end the unemployment ...

Submitted May 2, 2014|From marketpulse.com|1 comment

It's the first Friday of a new month and that means only one thing - its non-farm payrolls. All eyes will be front and center when April's US monthly jobs report is released in a few hours. For a period or time the market will have forgotten the ...

Submitted May 1, 2014|From marketpulse.com

May day holiday's throughout much of mainland Europe is hurting risk appetite and condemning some major currency pairs to another tight trading range. The 18-member single currency is wallowing in self-pity, a tad shy of the psychological €1.3900 ...

Submitted Apr 30, 2014|From marketpulse.com|3 comments

All eyes were on Euro inflation numbers this morning, and consensus from the outset was that data in line with market expectations would not necessarily be weak enough to make the ECB act next week. Even expectations for a rebound would also suggest ...

Submitted Apr 29, 2014|From marketpulse.com

With no further deterioration in the Russian/Ukraine crisis, coupled with a quiet day ahead in terms of limited economic data being released stateside, only leaves geopolitical factors and the ongoing release of US quarterly earnings news to provide ...

Submitted Apr 28, 2014|From marketpulse.com|1 comment

After last week's painfully tight forex trading ranges, and an historic seven-year low in volatility, it seems that dealers and investors are beginning this week on the "front" foot. Both the Euro and the Pound are on the move. Potential M&A ...

Submitted Apr 26, 2014|From marketpulse.com|1 comment

The forex market ended Friday confined to a tight range (EUR has traded 14bps in North America) which is not surprising for a week that happened to print the lowest major currency volatility in seven-years. The market is already looking forward to ...

Submitted Apr 23, 2014|From marketpulse.com|2 comments

Despite major currency volatility falling to its lowest level in seven-years, there has been some movement in the forex market now that the Easter holidays are over. Fundamental data releases stretching from Australia to London in the overnight ...

Submitted Apr 22, 2014|From marketpulse.com|1 comment

Global equities have managed a small rebound from last weeks lows as markets reopen after a four-day holiday break. It would seem that some investors are growing less concerned about tensions in the Ukraine and are confident with US Q1 earnings ...

Submitted Apr 15, 2014|From marketpulse.com

With the 18-member single currency sitting high and mighty all Draghi has been capable of doing so far is basically re-open the "verbal intervention playbook" - buying time in the hope that an improvement will soon be seen in the Euro-zone inflation ...

Submitted Apr 14, 2014|From marketpulse.com|3 comments

The status quo in the Ukraine was never going to hold, something had to give and it seem the match has been lit over the weekend. Spread of violence to more towns with the uptick of skirmishes between local law enforcement and pro-Russian separatist ...