Submitted Jan 24, 2013|From forexblog.oanda.com|3 comments

Where has all that volatility gone? Volume, depth and market interest cannot have already peaked? After an encouraging start to the New Year for forex investors, currency market seems again to have settled into a narrow range. That is even the same ...

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

Market moves have been fairly muted as investors await more news on the US debt ceiling. A bill to extend borrowing was introduced by the US Republican Party leaders on Monday and is expected to be approved by the US House of Representatives later ...

Submitted Jan 22, 2013|From forexblog.oanda.com|2 comments

Many large egos’ gather in Davos at the World’s Economic Forum beginning today. Since the last meet and greet, capital markets have managed to witness the EUR’s survival, Washington muddling through its fiscal crises, China hopefully heading for a ...

Submitted Jan 18, 2013|From forexblog.oanda.com

The yen remains under strong pressure and is currently testing the critical 90 level. The downward spiral could continue into next week, as Prime Minister Abe has been continually talking about lowering the currency’s value and has been leaning on ...

Submitted Jan 17, 2013|From forexblog.oanda.com|2 comments

Forex markets are eyeing their brethren, the bond market, for direction. Spain and France both come to the market today and the success or not will ultimately decide the direction that the EUR will decide to undertake in the medium term. The ...

Submitted Jan 16, 2013|From forexblog.oanda.com|4 comments

Everyone and their mother seem to have given some sort of market warning over the past 24-hours. This has allowed negative sentiment to sweep across financial markets on worries about the US debt ceiling, and a warning by Fitch that US, UK and ...

Submitted Jan 15, 2013|From forexblog.oanda.com

The European markets have thrown a slight curveball this morning; opening up in a downbeat mood after helicopter Ben’s speech late yesterday afternoon has failed to inspire traders. While insisting that the US economy was still fragile, suggests ...

Submitted Jan 11, 2013|From forexblog.oanda.com

A covert operation by Central Banks to weaken they own currencies will never be admitted to. However, the depreciation race remains healthy-just look at the CHF and JPY outright and on the crosses. The Japanese are firmly holding on to the ...

Submitted Jan 9, 2013|From forexblog.oanda.com|1 comment

It’s currently not easy for the FX investor to find something of substance to get excited about. Caution over a plethora of Q4 earnings over the coming weeks is expected to naturally limit risk. The fiscal cliff euphoria is long gone and markets ...

Submitted Jan 8, 2013|From forexblog.oanda.com

The market has been selectively quite in Europe, as investors wait for Q4 US earnings results to shepherd them, to where is yet unknown. Investors continue to have concerns over the health of the US economy. Politicians persistently debate ways to ...

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

Historically, the Monday after a newly minted US unemployment report tends to end up being the least volatile trading day of the month. Last Friday’s December release was in hindsight ‘relatively’ strong, managing to touch market consensus. However, ...

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

2013 so far has made Forex traders happy. Most market participants insist that they require a market to move to make a good enough return. So far this year, this market has not disappointed. It has been able to supply that volatility. A three-cent ...

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

It was too good to be true. Reality had to makes a return. The ‘single unit’ has managed to slip against the ‘mighty’ dollar as relief by investors over the fiscal cliff deal has given way to doubts about the deals true worth. There are concerns ...

Submitted Jan 2, 2013|From forexblog.oanda.com|3 comments

Did we really believe that something ‘positive’ was not going to happen? Again US policy makers have come very close to potentially pushing the global economy towards another recession with their fiscal spats and political voting antics. In the end, ...

Submitted Dec 31, 2012|From forexblog.oanda.com

On the final trading day of 2012, EUR/USD has edged lower, and has fallen below the 1.32 level. Despite intensive talks in Washington to try and avert the fiscal cliff, the likelihood of a last minute breakthrough on Capitol Hill before the January ...

Submitted Dec 19, 2012|From forexblog.oanda.com|3 comments

The single currency or EUR has surged to a new seven-month high after S&P’s upgraded Greece five-notches to B-minus from selective default. The credit agency seems to be trying to send a signal that perhaps the worst of Greece’s problems were over. ...

Submitted Dec 18, 2012|From forexblog.oanda.com|2 comments

The deeper we go into the holiday season the more tedious Capital Markets seem to become. Thankfully, amid progress in the US budget negotiations, we have some signs of life before investors finally decide to ‘check-out’ for another year. Signs of ...

Submitted Dec 17, 2012|From forexblog.oanda.com

Capital Markets priority focus seems to be on the past weekends Japanese election results. In the aftermath, the Yen has managed to plummet outright (given up a tad since) after the Liberal Democratic Party won a landslide victory in Sunday’s ...