Chinese Yuan Weekly Fundamental Analysis Report
The US dollar is weaker against most major currencies despite some progress in US budget deficit talks. Progress in the 'fiscal‐cliff' debt decision was made after House speaker Boehner proposed allowing tax rates to increase for households earning more than $1 million per year with condition it can be matched by spending cuts to entitlement programs.
Dec 18, 2012 | Union Bank of California
The dollar begins the week higher against most of its counterparts as investors remain largely sidelined ahead of tomorrow’s Presidential election.
Nov 06, 2012 | Union Bank of California
The dollar this morning, with the dollar index remaining below the key 80.0 level for a fifth‐straight day. While stocks and commodities have begun the week in the red as investors remain skeptical about the health of the US economic recovery, the Fed's plan to buy mortgage‐backed securities and far‐dated Treasuries is sapping demand for the dollar's relative safety.
Sep 18, 2012 | Union Bank of California
The dollar has pared early losses, but remains towards the bottom of its recent ranges against most of its counterparts. While sideways trading has prevailed over the past several weeks, investors will get a broad assessment of the global economy in the coming days with US labor market data and an ECB decision highlighting.
Sep 05, 2012 | Union Bank of California
The dollar begins the week within in its recent ranges as investors find little direction with thin summer trading and a lack of major economic data. Stocks and commodities are generally lower as investors and economists alike discount the probability of a third round of quantitative easing with economic data having registered mostly positive as of late.
Aug 28, 2012 | Union Bank of California
The dollar has consolidated within its recent ranges as global financial markets begin the week in the red. Trading volumes remain relatively low with much of Europe shut down for the summer holidays, which in turn has left currency markets listless and choppy.
Aug 21, 2012 | Union Bank of California
The US dollar is higher against many of its major counterparts with investors drawn to its relative safety as stocks and commodities begin the week in the red on renewed global growth concerns. With no major economic data due out of the US until Tuesday, the USD's overall direction is being driven by external factors.
Aug 14, 2012 | Union Bank of California
The US dollar is mixed against most major currencies despite record low Treasury yields and weaker than expected retail sales. US Treasury 5‐year note yields fell to a record low after US retail sales declined in June, renewing concern consumer activity is being weakened by slowing US economic growth. The 10‐year note yield also fell to a record low to 1.
Jul 17, 2012 | Union Bank of California
The dollar begins the week higher against nearly all of its major counterparts as optimism emanating from a surprisingly productive EU summit last week quickly fades. The dollar has also gained support as the riskoff trade intensifies after ISM manufacturing in the US fell into negative territory for the first time in nearly three years. The gauge fell to 49.7 after last month's reading of 53.
Jul 03, 2012 | Union Bank of California
The dollar begins the week higher against all of its major counterparts other than the JPY as modest improvement in risk sentiment seen at the end of last week quickly fades. Europe has again come into focus with Spain formally requesting financial aid for its beleaguered banking sector, and soverei...
Jun 26, 2012 | Union Bank of California
- Is the Fed round the Twist? - Worrying signs for global growth - Spain asks for a bailout - What to expect at this week's EU summit? - Can the pound remain resilient to more QE?
By Kathleen Brooks | Jun 23, 2012 | Forex.com
The USD begins the week slightly lower against most of its major counterparts, but remains firmly entrenched towards the top of its recent ranges. However, the dollar has largely retraced sharp gains seen last Friday morning following the release of disappointing labor market data with both, nonfarm payrolls and unemployment, falling short of expectations.
Jun 05, 2012 | Union Bank of California