• The Fed has no problem in keeping the QE at 85$b monthly

    August 01 2013 7:44 AM

    The Fed has signaled yesterday that there are less worries about keeping the QE on with no cutting of it amid benign inflation pressure with its yearly rate is still below 2.5% which can push the fed forward to start cutting it and also with the unemployment rate is still well above the 6.5% which it is still repeating as a target of it with no revision.

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

    July 31 2013 12:52 PM

    USD broadly stronger as Q2 GDP growth beats expectations - EUR steady as Eurozone CPI data meets expectations - Commodity currencies are lower after dovish comments from RBA governor Glenn Stevens

  • Is Europe Ready to Take Off?

    July 30 2013 5:49 PM

    One year ago, European Central Bank President Mario Draghi announced that the central bank had the political will to do “whatever it takes” to save the euro. Now, the worst may be over, as suggested by stronger economic data coming out of Europe. It appears the Continent is finally on the road to a sustained recovery.

  • Bank of England meeting preview: Deciphering Mark Carney

    July 30 2013 1:56 PM

    On Thursday 1st August at 1200 BST/ 0700 ET the Bank of England will announce its latest policy decision, the second one under the stewardship of new Governor Mark Carney. The market expects no change in interest rates or in the bank’s asset purchases. Currently the market is only pricing in 5 basis points of cuts for this week.

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

    July 30 2013 12:54 PM

    USD pushed higher ahead of the Fed’s two-day meeting next week - EUR and Sterling held close to current ranges ahead of ECB and BoE meetings - Commodity currencies mixed on dovish RBA comments

  • Bitcoin Banned In Thailand

    July 30 2013 9:18 AM

    The popular virtual currency has encountered its first major stumbling block.

  • India's RBI Holds Rates Steady, Lowers GDP Estimate

    July 30 2013 2:29 AM

    India's central bank expressed concerns about a slow global recovery and the impact of the Federal Reserve winding down its stimulus program.

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

    July 29 2013 1:18 PM

    US calendar heavy this week with important data releases - JPY strengthens as Nikkei plunges 3.3% - Canadian dollar up as crude oil remains above $100 per barrel

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

    July 26 2013 1:47 PM

    USD is broadly lower ahead of the Fed’s two-day meeting next week - JPY surges on better-than-expected national CPI data - Commodity currencies are flat but remain under pressure as oil prices weaken

  • The currency crisis and protection

    July 25 2013 3:01 PM

    While the roots of crisis are embedded, the ways to avoid and be insulated from their results is entirely within the power of the individual.

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

    July 25 2013 12:08 PM

    USD mixed as initial jobless claims rise - GBP weakens despite meeting growth expectations in Q2 - Commodity currencies are stronger despite lower oil and copper prices

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

    July 24 2013 2:04 PM

    USD broadly stronger on better-than-expected housing data - EUR stronger on better-than-expected PMI data - Commodity currencies are slightly lower after the release of weaker PMI in June

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

    July 23 2013 12:27 PM

    USD is slightly weaker after lower-than-expected domestic reports - EUR stronger as consumer confidence reaches highest level in almost 2 years - Commodity Currencies held firm as Canada reports higher retail sales and China implements reforms to boost growth

  • Myanmar's Depreciating Currency And Worsening Trade Deficit Not Cause For Concern

    July 23 2013 11:43 AM

    Despite a weakening kyat and a worsening trade deficit Myanmar's economy is doing just fine, according to Standard Chartered Bank.

  • Defining currency risk and finding ways to minimize it

    July 22 2013 5:12 PM

    Currency risk is based on currency fluctuations of one currency as against another.

  • CFTC decides on landmark case

    July 22 2013 4:55 PM

    CFTC releases a decision penalizing Panther Energy LLC for its illegal activities done through spoofing.

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

    July 22 2013 1:00 PM

    US new home sales at highest levels in years - Sterling strong on expectations of increasing GDP growth in second quarter - Japan elections give PM Abe majority

  • Will GBPUSD Sustain The Upward Momentum?

    July 22 2013 8:04 AM

    After some struggle against the 55-day EMA, GBP/USD ultimately broke that resistance and closed above it. The high of this upward move was 1.5282.

  • 22/7/2013 - The Current Market Sentiment

    July 22 2013 7:45 AM

    The gold breaking above 1300$ with the beginning of this week by this characteristic suggesting that the way done could be over at this time and there can be a way for getting back to 1348$ before 1396$ again after forming a bottom at 1180$ and a higher bottom at 1207$ to creep again stepping on 1267$ which could hold last week after failure to get over 1300$ making another higher low before succeeding to get over it by this way.

  • Day ahead in the FX markets

    July 21 2013 8:19 PM

    This is a summary of key events likely to affect trading in the foreign exchange markets.