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Jonstaples replied Dec 10, 2018The greenback was softer in a continuation of the weakness from the US job data miss, which added to recent discouraging releases and supported the case for the Fed to take a time out after a 4th hike later this month. This helped its major ...
EURUSD
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Jonstaples replied Dec 7, 2018The USD index remained softer and below the 97.00 level after the losses during the prior session in which ADP employment data missed expectations ahead of the Non-farm Payrolls and with reports suggesting that the Fed could adopt a wait and see ...
EURUSD
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Jonstaples replied Dec 6, 2018EU is ready to offer PM May a lifeline of extending Article 50 if her deal is rejected by Parliament next week, according to sources. Italy's PM Conte said he is to meet EU's Juncker next Tuesday with the new proposal on the 2019 budget and added ...
EURUSD
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Jonstaples replied Dec 5, 2018In FX markets, USD remained firmer following the prior day’s gains in which the USD index reclaimed the 97.00 level amid safe-haven demand and after the recent bullish tone on the economy by Fed’s Williams. This also coincided with broad losses ...
EURUSD
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Jonstaples replied Dec 4, 2018In FX markets, USD softened against its major counterparts with the USD index back below the 97.00 level amid a decline in US yields, which benefitted EUR/USD despite gains being initially capped as Europe and UK face ongoing issues regarding the ...
EURUSD
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Jonstaples replied Dec 3, 2018US President Trump and Chinese President Xi Jinping announced a truce at the G20 in which the US agreed to delay hiking tariffs on USD 200bln of Chinese goods to 25% for 90 days to allow for discussions, while China agreed to buy a "very ...
EURUSD
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Jonstaples replied Nov 30, 2018FOMC Minutes stated almost all policy makers said rate hikes likely warranted "fairly soon" and it could be appropriate at future meetings to emphasise more greatly on data. In FX markets, the USD index traded rangebound following an uneventful FOMC ...
EURUSD
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Jonstaples replied Nov 29, 2018In FX markets, the USD was pressured with the USD index back below 97.00 following comments by Fed Chair Powell that the policy rate is "just below" estimates of neutral which participants interpreted as a possible sign the Fed could begin to slow ...
EURUSD
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Jonstaples replied Nov 28, 2018Looking ahead, highlights include US GDP, PCE Prices and Advanced Goods Trade Balance, Fed Financial Stability Report, ECB's Lautenschlaeger, Rehn, Coeure, Praet and de Guindos, Fed Chair Powell Speaking, BoE's Annual Bank Stress Tests, Brexit ...
EURUSD
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Jonstaples replied Nov 27, 2018FX markets were quiet in which the major pairs consolidated after the prior day’s price swings. Nonetheless, the USD index struggled to hold above the 97.00 level as EUR/USD rebounded near Monday’s lows at the 1.1300 handle. The EUR/USD may be ...
EURUSD
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Jonstaples replied Nov 26, 2018In FX markets, USD index tested 97.00 to the upside as it held on to Friday’s advances against its major counterparts in which EUR/USD slipped below 1.1400 on soft PMI readings. In addition, European leaders unanimously endorsed the Brexit deal ...
EURUSD
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Jonstaples replied Nov 26, 2018We might see a pullback before that strong upward rally. Brexit not out of the woods yet and the Italian budget is still on the EU crosshairs.
EURUSD
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Jonstaples replied Nov 23, 2018Looking ahead, highlights include Eurozone mfg PMIs, Canadian CPI, ECB’s de Guindos. US markets early close. In FX markets, the major pairs traded sideways with price volatility virtually non-existent due to the holiday closures and lack of data ...
EURUSD
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Jonstaples replied Nov 22, 2018Looking ahead, highlights include ECB minutes, BoE’s Haldane, Saunders, ECB’s Mersch, supply from Spain and France. US markets closed for Thanksgiving European Financial Affairs Commissioner Moscovici is convinced a budget agreement can be reached ...
EURUSD
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Jonstaples replied Nov 21, 2018FX markets consolidated overnight as the major pairs took a breather from the prior day’s heavy moves in which the greenback advanced on safe-haven demand and as its high-beta counterparts suffered amid the stock sell-off. As such, EUR/USD ...
EURUSD
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Jonstaples replied Nov 20, 2018FX markets were mostly quiet due to another sparse overnight calendar, in which the USD index consolidated after the prior day’s continued weakness and as EUR/USD held on to most its recent gains. Option expiries of note for today's 15:00 GMT: ...
EURUSD
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Jonstaples replied Nov 19, 2018On the table: UK PM May stated over the weekend that there has not yet been enough number of letters required to trigger a no-confidence vote. Looking ahead, highlights include potential comments from Fed’s Williams, UK PM May to speak at the CBI ...
EURUSD
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Jonstaples replied Nov 16, 2018On the table: Looking ahead, highlights include Eurozone CPI, US Industrial Production, ECB’s Draghi, Weidmann and Lane, Fed’s Evans. FX markets were range-bound amid a light calendar with no tier-1 releases or speakers scheduled. This kept the USD ...
EURUSD
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Jonstaples replied Nov 15, 2018On the table: Highlights include US retail sales, US weekly jobs, NY Fed mfg, Philly Fed, ECB’s Coeure, Praet and de Guindos, Fed’s Quarles, Powell and Bostic. The USD was relatively flat overnight as comments from Fed Chair Powell failed to provide ...
EURUSD