Fed Speakers Urge Interest Rate Caution Allowing EUR/USD To Crack 1.19

Highlights: DXY slides further on Euro’s remarkable run above 1.19, USD showing promise against others EUR strength could travel as political risks subside, and economic data continues to surprise Crude oil price retrace Tuesday’s drop on EIA demand picture Sentiment Highlight: Euro likely to hit further highs as retail fights trend Should we be focusing […]

Strong-Start-To-US-Earnings-Season-Bodes-Well-For-Rate-Rise-Expectations_body_US_500_20170413_14

Strong Start To US Earnings Season Bodes Well For Rate Rise Expectations

Talking Points – JPMorgan, Citigroup and Wells Fargo all beat EPS forecasts. – Their results were buoyed by higher interest rates. – The positive results suggest the Fed will continue to tighten monetary policy. See the DailyFX Economic Calendar and see what live coverage for key event risk impacting FX markets is scheduled for the […]

New-Zealand-Dollar-Hit-By-Rising-Jobless-Rate_body_Picture_1

New Zealand Dollar Hit By Rising Jobless Rate

Talking Points: The New Zealand Dollar was battered by expectation-missing jobless figures The headline rate topped 5% There were some bright spots, but they weren’t enough The New Zealand Dollar slid Wednesday after the release of some official employment figures which were feeble overall, even if there were some areas of strength. The jobless rate […]

Weekly-Trading-Forecast-Fed-and-BoJ-Rate-Decisions-Brexit-Fears-Carry-More-than-Currency-Risks_body_Picture_1

Weekly Trading Forecast: Fed and BoJ Rate Decisions, Brexit Fears Carry More than Currency Risks

Event risk over the coming week will no doubt present a high level of volatility risk for key FX players. But, beyond the currency reactions, we will be tapping into themes essential to financial conditions. US Dollar Forecast – Dollar Climb Now in the Hands of a Heavily-Contested Fed Decision The outlook for the Dollar […]