-
Moving Past The SNB, Looking Ahead to ECB and Greece
Market participants are still trying to shake the shock from last week’s SNB action, with many traders swearing off the Franc for some time. But as Franc rates begin to settle into new postal codes, attention shifts to Thursday’s highly anticipated…
-
Markets Assess Damage In Aftermath Of SNB Shocker
The market is trying to catch its breath following what will go down as a day to remember in the FX world, after the SNB came out with a shocker, abolishing the EURCHF 1.2000 floor and moving further into negative rate policy. For today, the key focus …
-
US Dollar Retains Composure Post Retail Sales
A troubling US retail sales print on Wednesday hasn’t done much just yet to shake the confidence of Dollar bulls. Market participants seem to be looking past the data, focused on broader macro themes, still very much supportive of the Dollar. Elsewhe…
-
Commodities, Equities, Event Risk and US Retail Sales
FX markets are segmented into the mid-week. Aussie, Kiwi and Cad are all under a good deal of pressure on the back of the ongoing slide in commodities prices. Meanwhile, the Euro positions ahead of upcoming event risk, the Yen finds comfort in traditio…
-
Commodity FX Retreats On Declining Oil, Copper
Commodity currencies, which had been showing relative outperformance in recent days, are back under pressure into Tuesday, with the reality of a bottomless oil market and 5 year lows in copper too much to ignore. Elsewhere, the Euro consolidates ahead…
-
Softer Wage Growth Inspires Mild Profit Taking
While Friday’s US NFPs and unemployment were better, softer wage growth was the key standout and has been sourced as the primary driver for mild profit taking on Dollar longs on the expectation this will keep the Fed from getting too aggressive….
-
Currency Direction Contingent on US Employment Report
Not a lot of volatility expected in Europe, with market participants lying in wait ahead of the all-important US employment report. If recent data is any indication, we could see another acceleration in the Buck, after a strong ADP, downtrend in initia…
-
BOE Decision, Positioning Ahead of Friday NFPs
Solid US ADP and Fed Yellen’s dismissal of the impact of lower oil prices continue to support the Buck, while deflation risk and political uncertainty abroad reinforce the outlook. For today, participants will take in the BOE and position ahead o…
-
What Catalyst Could Derail USD Momentum?
The US Dollar is still very much in demand across the board, despite some aggressive moves of late. At this point, from a technical perspective, it wouldn’t be all that surprising to see some form of a correction that lasts more than a day or two. Bu…
-
US Dollar Retreats On Short-Term Profit Taking
Some mild currency demand into Tuesday, though the price action is hardly shocking considering the latest acceleration in the Greenback, highlighted by 9 year highs against the Euro. Even the Yen is tracking higher, but this is likely more a function o…
TCA and fair execution.
The metrics that
the FX industry must use.
DOWNLOAD
