Tag: fx friday
FX Friday Global Currency Review & Forecast For 11-04-16
U.S. Non-Farm October Payroll at 161K Misses Estimate of 175K. The United States non-farm payroll report by the Bureau of Labor Statistics showed that 161,000 new jobs were created in […]
FX Friday Global Currency Review & Forecast For 10-28-16
U.S. 3rd Quarter GDP First Estimate of 2.9% Beats Estimates. The United States Gross Domestic Product grew at 2.9% in the third quarter, according to the United States Commerce Department. […]
FX Friday Global Currency Review & Forecast For 10-21-16
Chinese Yuan, British Pound and Euro Plummet vs The Dollar. The Dollar Index* continued to surge against all major currencies this week. The British Pound fell to a 168 year […]
FX Friday Global Currency Review & Forecast For 10-14-16
A Resurgent Dollar Continues its Climb. The Dollar Index* continued to surge all week on a majority of market participants expecting a rate hike in 2016. Most market participants now […]
FX Friday Global Currency Review & Forecast For 10-07-16
Week Ends With a British Pound Flash Crash & a Non Farm Payroll Miss. The Dollar Index* rose all week on continued Fed insistence that a rate hike was on […]
FX Friday Global Currency Review & Forecast For 9-30-16
All Eyes on German Banking Sector It wasn’t supposed to come to this. The Germany banking sector is commanding the focus of market participants this week. Germany’s second largest bank […]
FX Friday Global Currency Review & Forecast For 9-23-16
Fed Gives Up the Spotlight. The Fed’s September open market committee meeting on September 20-21 came and went without an interest rate hike. All year the Fed has managed to […]
FX Friday Global Currency Review & Forecast For 9-16-16
Up Next Week: Fed Meeting – Rate Hike Fears Still Linger The Fed’s upcoming open market committee meeting on September 20-21 remains on market participants’ minds as the possibility of […]
FX Friday Global Currency Review & Forecast For 9-09-16
Fed insists Rate Hike Still On the Table Despite Recent Poor Jobs and Economic Reports The Fed reappeared on market participants’ radar screens last month when a few Fed Presidents […]
FX Friday Global Currency Review & Forecast For 9-02-16
Federal Reserve Remains at the Center of Attention Again Last week, we noted that the Fed had been out of the spot light for a few weeks. When that happens, […]
FX Friday Global Currency Review & Forecast For 8-12-16
Declining Worker Productivity Contradicts Robust Economy Narrative The solid non farm payroll, unemployment and Job Openings and Labor Turnover Survey (JOLTS) numbers emanating from the U.S. Bureau of Labor Statistics […]
FX Friday Global Currency Review & Forecast For 8-5-16
Weak GDP Numbers Call Into Question Strength of U.S. Economy – Boost Gold and Silver There is an optimistic story about the U.S. economy that heralds the “solid” job growth […]
FX Friday Global Currency Review & Forecast For 7-29-16
The Fed Back in the Spotlight The Federal Reserve left interest rates on hold earlier this week following its July meeting. The Fed’s assessment of the economy was upgraded from […]
FX Friday Global Currency Review & Forecast For 7-08-16
Brexit Continues To Cast its Shadow Over the Currency Gold and Silver Markets A few months ago, global currency movements and the prices of gold and silver were influenced primarily […]
FX Friday Global Currency Review & Forecast For 6-17-16
One Down, the Big One To Go Markets have been awaiting two big events – The outcome of the Federal Reserve’s June Open Market Committee Meeting on June 15 and […]
FX Friday Global Currency Review & Forecast For 6-10-16
Fed Open Mouth Operations Cut Short By Reversal in the Labor Market Former heavyweight boxing champion Mike Tyson once said, “Everyone has a plan until they get hit in the […]
FX Friday Global Currency Review & Forecast For 6-3-16
Federal Reserve Open Mouth Operation Ends Fed officials spent the better part of May telegraphing that an interest rate hike might be coming in June or July by repeating, no […]
FX Friday Global Currency Review & Forecast For 5-27-16
Fed Presidents Roar- RATE HIKES ARE COMING! For the third week in a row we’ve heard a series of calls by Fed Presidents for rate hikes in 2016. The incessant […]
FX Friday Global Currency Review & Forecast For 5-20-16
Four Non Voting Fed Presidents Repeat Their Call For Rate Hikes In 2016, Possibly in June The Dollar For the past three weeks, Fed Presidents have been insisting that the […]
FX Friday Global Currency Review & Forecast For 4-29-16
Commodities and Commodity-Based Currencies Rise as the Dollar Falls The price of oil has reversed sharply from being down 20% on the year in early February to rising 20% in […]