Fundamental Analysis

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

    March 01 2013 1:49 PM

    USD stronger against most major currencies - EUR at a year-low after release of weak economic data - JPY uncertainty remains as new BoJ board transitions in

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

    February 28 2013 12:33 PM

    USD stronger on GDP and unemployment figures - EUR lower on weak CPI data - Commodity Currencies mixed despite stronger data out of Canada

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

    February 27 2013 2:47 PM

    - USD weakened despite strong data - EUR is supported by strong bond auction - Commodity Currencies lower on weaker data

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

    February 26 2013 1:29 PM

    USD is stronger on bullish consumer confidence - EUR is weaker on stalemate in Italian Election - Commodity Currencies weaker with lower oil prices

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

    February 25 2013 1:25 PM

    This week’s focus is mainly centered on politics and central banks. It appears unlikely that there will be agreements for a compromise on the sequester budget cuts by the March 1 deadline, which will weigh on the US growth outlook. Domestically, the ISM index climbed last month, as the index went up by 2.9. Following the large rise, the ISM may move sideways for some time, as recent tax increases begin to dampen demand and take some pace out of the US recovery.

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

    February 22 2013 1:01 PM

    USD is stronger after disappointing repayment to ECB. EUR is weaker ahead of Italian elections Commodity Currencies mixed amid weak CAD data

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

    February 20 2013 12:49 PM

    USD is mixed after housing starts and PPI - JPY is stronger on resolve for further easing - Commodity Currencies lower on weak data

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

    February 19 2013 1:25 PM

    The US dollar is stronger against most major currencies despite little major data due today and meager data from the home building sector. US home‐builder confidence for single family homes eased slightly in February from last month's seven‐year high. However, the dollar holds solid as consumers were a bit more upbeat early this month, even as they paid more for gasoline and saw an increase in taxes. In further support for the greenback was production data in November and December which were much stronger than expected. In addition, the "Empire State" general business conditions index rose to 10.0 from ‐7.8 the month before. February's index showed the first growth in the sector since July and the best performance since May 2012. The rebound was driven by new orders, which hit their highest level since May 2011. As headline data remains limited this week, the market will extend its focus to tomorrow's FOMC minutes.

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

    February 14 2013 12:20 PM

    USD is higher on better unemployment figures - GBP tumbles on bearish outlook - Commodity Currencies higher on strong data

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

    February 13 2013 1:35 PM

    USD is higher on retail sales - EUR and GBP lower on new G-7 statement - Commodity Currencies mixed on data

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

    February 12 2013 12:18 PM

    USD is mixed after G-7 addresses currency wars - JPY weakens after G-7 and Outlook - Commodity Currencies lower on weak data

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

    February 08 2013 1:58 PM

    USD is mixed after trade balance figures - EUR stabilizes after market digests Draghi’s comments - AUD held ground after strong Chinese exports

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

    February 07 2013 2:27 PM

    USD gains ground on technical moves after the European Central Bank meetings - Yen continues to be pressured at a 33 month low - Commodity currencies lower on economic data

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

    February 06 2013 1:53 PM

    USD is higher head of ECB and BOE meetings. - EUR is weaker as rates remain unchanged. - Commodity currencies weak against the USD due to weak economic data in Canada and Australia.

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

    February 05 2013 12:38 PM

    USD is broadly lower against most major currency on better Eurozone data - EUR is stronger as PMI data came in better-than-expected - JPY weakened further after BoJ Governor announced an early departure from office

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

    February 01 2013 2:05 PM

    USD tumbles to a 14-month low against the Euro. - Eurozone PMI data stronger than expected in January. - Commodity currencies lower against the dollar after the release of stronger US domestic data.

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

    January 31 2013 1:53 PM

    Market awaits tomorrow’s U.S. jobs data, expecting higher numbers in non-farm payrolls - Euro holds just below key psychological level of 1.36 - Commodity currencies push higher with strong economic backdrop

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

    January 30 2013 12:36 PM

    U.S. economy unexpectedly contracts in 4th quarter; market awaits Fed statement - Euro rises above resistance at $1.35, highest since Nov. 2011 - Sterling slide continues, economy worries remain

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

    January 28 2013 1:21 PM

    The dollar is mixed after US pending home sales unexpectedly fell in December while durable goods orders reported higher than expected. Pending home sales declined in December after three months of gains for the first time since August, showing uneven progress in the housing market. The index of contracts for the purchase of previously owned homes fell 4.3% after a revised 1.6% increase. Meanwhile, the US Commerce Department reported orders for durable goods climbed more than forecasted in December, showing US manufacturing rebounded following a mid‐year slump. Bookings for goods meant to last at least three years rose 4.6%, exceeding the highest forecast of economists surveyed, after a 0.7% gain in November. Excluding demand for transportation equipment, which is often volatile, orders increased 1.3%. Aircraft bookings rose 10.1% after falling 12.9% in November. In addition, a gauge of US business investment plans improved in December, a sign that companies were betting the economy will pick up despite fears over tighter fiscal policy. Movements in major currencies were limited ahead of key economic events later in the week, including a Federal Reserve meeting and the monthly jobs data for January.

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

    January 25 2013 1:13 PM

    US dollar lower on drop in US home sales - Euro zone banks to repay more ECB loans than expected, euro higher - UK economy shrinks 0.3 percent in Q4; slides versus USD and euro