US Dollar stages a strong comeback as Euro, Pound weaken on QE front loading and deflation Key Notes: New Zealand PPI input q/q -1.1% vs. -0.6%; PPI output q/q -0.9% vs. 0.1% Australia CB leading index m/m -0.1% vs. 0.5% RBA releases monetary policy meeting minutes New Zealand inflation expectations q/q 1.9% vs. 1.8% previously UK...

2015-05-19 John Benjamin Read more
afternoon wrap

Key Notes: UK, Rightmove HPI m/m -0.1% vs. 1.6% previously RBA deputy governor Lowe speech Japan core machinery orders m/m 2.9% vs. 1.7% Australia new motor vehicle sales m/m -1.5% vs. 0.7% previously Japan revised industrial production m/m -0.8% vs. -0.3% Japan tertiary industry activity m/m -1% vs. -0.5% Switzerland retail sale...

2015-05-18 John Benjamin Read more
19th August

Key Notes: New Zealand Business manufacturing index 51.8 vs. 54.6 previously New Zealand retail sales q/q 2.7% vs. 1.6%; core retail sales 2.9% vs. 1.5% UK RICS house price balance 33% vs. 22% Japan preliminary machine tool orders y/y 10.4% vs. 14.9% previously Canada NHPI m/m 0.0% vs. 0.2% US PPI m/m -0.4% vs. 0.1%; Core PPI m/m -...

2015-05-14 John Benjamin Read more
british pound

The British Pound saw a volatile trading day as two major economic events were on the tap. Enjoying its strong rally, the Pound Sterling was already trading at yearly highs ahead of the April jobs report. Data released by the ONS showed that the UK unemployment rate improved to 5.5%, meeting estimates, from 5.6% previously. While the claimant...

2015-05-14 John Benjamin Read more
France

Key Notes: Australia NAB business confidence 3 vs. 3 previously Eurogroup meetings BoE Bank rate, interest rates unchanged at 0.5% Later: US Labor market conditions index China cuts interest rates over the weekend The currency markets started a fresh week with news from China. The PBoC cut its benchmark interest rates by 25b...

2015-05-11 John Benjamin Read more
Germany

Key Notes: Australia employment change -2.9k vs. 4.0k; unemployment rate 6.2% vs. 6.2% Germany factory orders m/m 0.9% vs. 1.5%; y/y 1.9% vs. 1.9% France industrial production m/m -0.3% vs. 0.1%; y/y 1.3% vs. 1.1% France manufacturing production m/m 0.3% vs. 0.2% Canada building permits m/m 11.6% vs. 2% US weekly jobless claims 265...

2015-05-08 John Benjamin Read more
Weekly Spot FX Performance – 01/05/2015 (Source: Finviz.com)

The US Dollar saw a roller coaster ride last week as with most of the currency pairs. However, towards the end of the week, the Greenback managed to regain some of its lost ground, while the previously gaining currencies such as the Aussie and the Kiwi dollars eased back from their gains. The Yen turned out to be the weakest currency of the week...

2015-05-08 John Benjamin Read more
EURUSD - Monthly Technical Analysis, May 2015

It was only a month ago when we wrote about the too optimistic projections of the markets at large regarding EURUSD reaching parity. To be precise, in early March, 2015 we published our analysis "How low can the Euro go?" where, we showcased that the bearish decline is likely to stall as the single currency heads towards a corrective rally. Inde...

2015-05-08 John Benjamin Read more
September 2nd 2014

Fundamental Currency Analysis - September 2nd 2014  USD: The U.S. Dollar opened broadly higher in Asian trading this morning, trading higher against all the majors and making a seven month high against the Japanese Yen. The U.S. Dollar Index is trading at 82.9160, up +0.1680 or +0.20 percent.  Traders are expecting the U.S. economy to continue ...

2014-12-15 Orbex Read more
Analysis for September 1st

Fundamental Currency Analysis for September 1st  USD: The U.S. Dollar opened mixed in Asian trading this morning, trading higher against the Euro, the Yen and the Swiss Franc but losing ground against Sterling, the Aussie, the Kiwi and the Loonie, with the U.S. Dollar Index trading up +0.038 or +0.05% to 82.7860.  Traders are looking ahead fo...

2017-07-26 Orbex Read more