Archive for the Fundamental Analysis Category
Dollar Down, But Not Out
By Interactive Brokers – The euro is back to unchanged against the greenback at $1.4355 in early U.S. trading after earlier reaching $1.4405 following an encouraging reading of business and investor confidence. However, the dollar is not giving in so easily this morning, for now at least, and appears to be fighting its way back [...]
US Dollar: Is This the Turn Markets Have Been Waiting For?
By DailyFX -US Dollar: Fundamental Outlook for US Dollar: Bullish – US Retail Sales disappoint and the US Dollar rallies – Federal Reserve’s interest rate decision sparks impressive US Dollar volatility – Forex options and futures sentiment suggests USD may continue rallying The US Dollar fell near fresh year-to-date lows versus the Euro and other [...]
Positioning Bias in EUR/USD
Just a brief post going into the NFP data release in 70 minutes. EUR/USD has been in a very small range since yesterday afternoon; the coil is being wound up and getting ready to spring. I was thinking this morning that it has been a while since any talking head has had anything but a [...]
Wachovia’s Daily FX Report
By Wachovia – Gain a wider view of the factors behind current economic news with comprehensive analysis and commentary from Wachovia Economic Commentary and Currency Risk Management Groups. Read Today’s Wachovia Daily FX Report Here
USD Commentary
Our detailed commentary from last week both before and after the FOMC statement on Wednesday noted that we believe that the Fed’s comments would lead to USD strength in coming weeks. So far our theory has been tested as USD has fallen to levels that printed before the FOMC statement. EUR/USD is trading at 1.4110, [...]
Reviewing Last Week – Back Bay FX
Last week we posted three comments on specific moves in the currency markets, and one commentary regarding US Treasury Yields. Our posting from June 8 that the next large move in GBP/JPY would be lower has yet to work out. We thought then that the technicals of the pair were leaning towards a gentle roll-over [...]
Gold drops as the Dollar gains momentum and investor take on risk
By ForexDistrict – Gold is trading at $930 as of 9:13am, London Time. Gold’s Pool-Position is 32% Long, meaning that most Finotec clients are selling the precious metal. Gold declined against the Dollar as a rallying greenback eroded interest in the precious metal. The greenback gained against most of the major currencies after Russia’s Finance [...]
My favorite indicator of inflation and it’s not gold!
BY ADAM HEWISON – There is an indicator which has been around since 1957. It has accurately forecasted every inflationary and deflationary cycle since. This is my number one indicator for large cyclic trends. You may want to watch this index carefully should you want to invest in certain stocks and commodity related markets. Over [...]
US Treasury Yields in a Tug of War
“The Wall Street firms that trade directly with the Federal Reserve say speculators betting that interest rates may head higher this year are wrong. Policy makers will keep the target for overnight loans between banks in a range of zero to 0.25 percent this year, according a survey of 15 of the 16 primary dealers [...]
