Fundamental Analysis

  • Daily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZDDaily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZD

    May 17 2013 2:27 PM

    • USD soared against a basket of currencies on prospects of bond-buying slowdown • Euro remains at a 6-week low on prospects of negative deposit rates • Commodities remains under pressure with a slowdown in global growth

  • Daily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZDDaily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZD

    May 15 2013 1:28 PM

    • Euros falls to a 6-week low due to a contraction in GDP • Sterling strengthens after the release of the Quarterly Inflation Report by the BoE • USD climbs despite mixed US data output

  • Daily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZDDaily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZD

    May 14 2013 1:26 PM

    • JPY hits new highs after plunging to its lowest level in over 4 years • USD remains strong with the fall of import prices • AUD remains under pressure with the release of the RBA’s budget plan

  • Weekly Summary on USD, EUR, JPY, GBP, AUD, CAD and RMB

    May 13 2013 1:06 PM

    • USD strengthens against most majors with encouraging retail sales data • JPY breaks fresh new highs during the session • AUD drops on prospects of RBA interest rate cuts

  • Daily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZDDaily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZD

    May 09 2013 3:53 PM

    USD strengthened against most majors after strong labor data - EUR weakened against USD after disappointing Spanish debt auction - BoE decided to keep rates unchanged

  • Daily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZDDaily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZD

    May 08 2013 1:11 PM

    • Sterling climbs as investors await the March Industrial output • Kiwi sinks after confirmation from RBNZ Governor Wheeler on its currency sell-off • CAD little changed with signs of a cooling housing market

  • Daily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZDDaily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZD

    May 07 2013 2:43 PM

    • Euro climbs to session highs with German data output • JPY strengthens as Japanese market reopens after the 4-day holiday • Aussie sinks after the RBA’s announcement to slash rates

  • Weekly Summary on USD, EUR, JPY, GBP, AUD, CAD and RMBWeekly Summary on USD, EUR, JPY, GBP, AUD, CAD and RMB

    May 06 2013 1:37 PM

    • UK avoids a triple dip recession with sterling at 11-week highs • Commodities are taking a hit with signs of economic weakness • RMB is trading weaker with the release of new tight yuan regulations

  • Daily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZDDaily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZD

    May 03 2013 2:06 PM

    • Euro at session highs after US data release • UK avoids a triple dip recession following better-than-expected report • JPY slides on pace for its biggest one-day-rise

  • Daily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZDDaily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZD

    May 02 2013 2:31 PM

    • USD gains strength as data signals economic activity expanding • ECB cuts interest rates to an all-time low • CAD strengthens following a surprising trade surplus report

  • Weekly Summary on USD, EUR, JPY, GBP, AUD, CAD and RMBWeekly Summary on USD, EUR, JPY, GBP, AUD, CAD and RMB

    April 29 2013 2:07 PM

    USD fell against most majors after investors speculate the Fed will continue its bond buying program. EUR higher as Italy’s new govt. comes to power. RMB trading stronger after PBOC relaxes its grip on the currency.

  • Daily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZDDaily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZD

    April 26 2013 1:40 PM

    • US GDP report grows concern of a struggling economy • Euro faces challenges against the yen as investors look to cheaper imports • JPY soared following unchanged BoJ policy

  • Daily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZDDaily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZD

    April 25 2013 1:25 PM

    Sterling hit 2 month highs after strongest GDP reading in 2 years - US weekly jobless claims report better than expected - CAD benefits from US data, hitting its strongest level in a week

  • Daily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZDDaily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZD

    April 23 2013 12:36 PM

    Chinese & German PMIs Drop in April, Raises Fears of Summer Swoon

  • Daily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZDDaily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZD

    April 18 2013 1:15 PM

    Sluggish retail sales data softens GBP - Euro steadies, though remains vulnerable to Eurozone growth concerns - U.S. dollar under pressure from weak U.S. data

  • Daily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZDDaily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZD

    April 17 2013 12:21 PM

    Weak UK jobs data softens GBP - Euro retreats from 7-week high vs. USD - G20 meeting seen unlikely to criticize BOJ policy

  • Daily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZDDaily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZD

    April 12 2013 2:04 PM

    Unexpected drop in retail sales pressures U.S. dollar - EU Finance Ministers approve Cyprus bailout and loan extension for Portugal and Ireland - NZD remains at near record highs despite plummeting gold prices

  • Daily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZDDaily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZD

    April 11 2013 12:52 PM

    Dollar nears 100 yen mark - Commodity-based currencies continue to strengthen - Sterling soars on cautious optimism that UK will dodge triple-dip recession

  • Daily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZDDaily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZD

    April 09 2013 12:25 PM

    The USD remains broadly weaker against the majors on the back of last week’s disappointing jobs data which raised concerns that the pace of recovery in the American labor market has slowed down. Fed policy remains driven by the outlook for the US labor market, giving forward guidance on interest rates and setting the pace of QE. Focus has now turned to US earnings, the release of the FOMC’s minutes and the US budget tomorrow.

  • Weekly Summary on USD, EUR, JPY, GBP, AUD, CAD and RMBWeekly Summary on USD, EUR, JPY, GBP, AUD, CAD and RMB

    April 08 2013 1:17 PM

    The US dollar is mixed against most major currencies as EUR regains its footing and after JPY breaks record lows. In March, the market was rather optimistic over the US economy as the dollar index DXY reached 83.22, its highest levels in almost seven months. However, since the recent release of meager ISM readings combined with the lowest number of jobs created in nine months, it’s safe to say the USD has been more subdued this past week. With little news until Thursday, the market will be reactive to headline events abroad as to gauge the direction of the greenback. Otherwise, the USD looks to trade quite muted ahead of the Redbook index on Thursday and Producer Price index this Friday where inflation is forecasted to reach 1.9% in March from 1.7% prior. Analysts are closely watching PPI levels this week to speculate when the Fed's bond-buying stimulus will draw closer to an end.