Clinton_debate_1010

The currency markets will be looking to a slow start next week with Japan, US and Canada closed for business on Monday. However, the action kicked off early with the second US Presidential debate late Sunday (Eastern Standard Time). On the economic front, the FOMC meeting minutes and Fed Chair Janet Yellen’s speech on Friday will be the most ant...

2016-10-10 John Benjamin Read more
BoE

The US dollar started the week on a strong note, keeping the gains from last Friday. Investors were spooked as the reality of the Fed's decision edged closer surrounding the uncertainty of the central bank's next policy move. Economic data on Monday was very limited leaving most of the markets unchanged. In Asia, data from Japan saw producer pri...

2016-09-16 John Benjamin Read more
The British Sterling_Uk

Market Summary New Zealand GDP rises 0.90% in Q2, less than forecast New Zealand Q1 GDP revised higher to 0.90% Australia unemployment rate falls to 5.60% Swiss National Bank leaves LIBOR rate unchanged at -0.75% UK retail sales fall 0.20% on the month in August; July revised higher Eurozone headline CPI confirmed at 0.20%;...

2016-09-16 John Benjamin Read more
RBNZ Museum

The US dollar managed to recover last week with most of the gains being attributed to last Friday's payrolls report which managed to revive the dollar bulls. Still, the Japanese yen was the strongest currency last week, gaining 0.52% against the US dollar and emerging as the strongest currency overall. This was followed by the Australian dollar ...

2016-08-08 John Benjamin Read more
forex australia_RBA

Market headlines Australia unemployment rate rises to a 4-month high at 5.80% Bank of England keeps monetary policy unchanged with interest rates at 0.50% BoE signals further stimulus is required following its final assessment in August UK PM Theresa May appoints Philip Hammond as the new Chancellor of the Exchequer, replacing Ge...

2016-07-14 John Benjamin Read more