Submitted Oct 22, 2013|From marketpulse.com|1 comment

No matter what, let's hope this morning's non-farm payroll print gets to create some volatility in forex-land. Being confined to endless tight trading ranges is making the life of an FX trader rather dull and for some even difficult to make a ...

Submitted Oct 18, 2013|From marketpulse.com

It's not a surprise to see the "mighty" dollar take it on the chin – a near term fiscal solution is not the correct answer. The temporary answer to end the US debt stalemate in Congress has pushed investors to focus on the economic impact of the ...

Submitted Oct 17, 2013|From marketpulse.com

Was a fiscal deal ever in doubt? US lawmakers certainly have the flare of the dramatics for delivery. The two-week standoff between the Republican-led House and the White House came to an end earlier this morning, and in the nick of time, just ahead ...

Submitted Oct 15, 2013|From marketpulse.com

Reality TV coverage does not get any better. It's tantalizing close, or so capital markets are being led to believe, a halt to the US fiscal standoff is within the Senates grasp. If so, they now must race the clock to sell the plan to lawmakers ...

Submitted Oct 8, 2013|From forexblog.oanda.com|1 comment

The overwhelming consensus has many continuing to see a last minute deal that avoids a default by the US government. Even the rating agencies are managing to get onside with the same thought – Moody’s says there is a “very low” chance of default ...

Submitted Oct 7, 2013|From forexblog.oanda.com

Capital markets are still waiting for common sense to prevail. It’s the most basic of ingredient that is required by Washington to resolve the federal budget impasse and to tackle the federal debt ceiling debate whose deadline for many is becoming ...

Submitted Oct 5, 2013|From forexblog.oanda.com|1 comment

Most non-NFP Friday’s are boring and yesterday was no exception. The longer this US partial shutdown carries on the more the postponed data releases are going to pile up. When will we get the next US jobless report? That all depends on how long the ...

Submitted Oct 4, 2013|From forexblog.oanda.com

Worries about the US debt ceiling are beginning to filter through and unnerve investors as we commence day-four of the partial US government shutdown. Asian and Euro markets have thus far been rather resilient to the shutdown – believing that a ...

Submitted Oct 3, 2013|From forexblog.oanda.com

Global investors are going about their own business with having to keep an eye on the US budget impasse progress. The partial US government shutdown has the capability of rocking global confidence levels if it continues to drag on for much longer. ...

Submitted Oct 1, 2013|From forexblog.oanda.com|3 comments

Seeing no progress on the US budget negotiations is not a surprise to investors – the markets knew what was to be expected and price action so far suggests that capital markets seem “resigned to living” with the US budget crisis. However, it’s the ...

Submitted Sep 30, 2013|From forexblog.oanda.com

The combination of US and political risks has eroded much of the positive sentiment seen after the Fed’s decision to delaying tapering two weeks ago. However – 1.Current expectations now believe that Italy is less of a problem then the US – As many ...

Submitted Sep 30, 2013|From forexblog.oanda.com|3 comments

Just when you thought it was safe to get back into the water, a political standoff in Washington and a political fiasco in Europe’s third largest economy have new “event risk” driving capital markets. Global political risk has eroded positive ...

Submitted Sep 29, 2013|From forexblog.oanda.com|1 comment

The pace of recovery in the U.S. is at best softer, but not precarious as it is in Japan, or regionally uneven as it is in Europe. The bigger question is about economic sustainability, and that has been clearly answered by the Federal Reserve with ...

Submitted Sep 28, 2013|From forexblog.oanda.com|10 comments

The 17-member single currency is ending the week confined within a now well-established trading range. A brief post Friday lunch scurry higher failed in its attempt to break through key resistance levels (1.3560-70), and this even after various ...

Submitted Sep 28, 2013|From forexblog.oanda.com|11 comments

Earlier this week the Singaporean Finance minister called on the Fed to expand its mandate – potential Fed monetary actions could continue to have a financially unstable effect especially amongst the emerging markets.  During the month of ...

Submitted Sep 27, 2013|From forexblog.oanda.com

Investors seem somewhat prepared to ride through the noise of Capitol Hill’s “political brinkmanship” as seen by global equity markets finally breaking this week’s negative closing streak in the overnight sessions. Also muddying the waters of ...

Submitted Sep 26, 2013|From forexblog.oanda.com

Capital Markets are talking more about month and Q3-end demand. The supposed request for the “mighty” dollar could very much end up distorting all that other noise that investors sometimes find deafening. Fiscal cliffs, budget deficits, government ...

Submitted Sep 25, 2013|From forexblog.oanda.com

Capital markets should be about to change gears. Last weeks disappointing ‘no’ taper certainly has the Fed losing some of its street ‘cred.’ This week, the markets are mostly in neutral, sometimes swayed by the erratic messaging from various Fed ...

Submitted Sep 24, 2013|From forexblog.oanda.com|2 comments

The weaker market leads from Europe and Wall Street continue to be pushed through the capital markets daily life cycle. Currently, investors and dealers seem non-committed, instead wanting to toe that ‘risk can’ further down the road until they can ...

Submitted Sep 23, 2013|From forexblog.oanda.com

So far it’s a somewhat lethargic open to the week after an intensive previous five-business days that was dominated by a number of poorly explained outcomes. It started with Lawrence Summers, Obama’s assumed team pick, surprise stepping down for Fed ...