Currencies Weekly Fundamental Analysis Report
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 | 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 | 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 | Union Bank of California
Bell FX Currency Outlook: The Australian Dollar continued its firm tone this morning on the expectation there will be more bank stimulus in the US, ECB & China.
By Christine Gaylican | Aug 13 | IBTimes AU
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 | Union Bank of California
The dollar begins the week higher against nearly all of its major counterparts as the risk‐off trade gains momentum. Financial markets opened lower this morning as investors begin to lose hope that global central bank stimulus can stave off further economic weakness. The result has been an intensifying flight to safety, thus pushing the dollar index to its highest level in more than two years.
Jul 10 | 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 | 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 | Union Bank of California
The weekend brought a sobering warning from the Bank for International Settlements, which suggested that the emerging markets are facing their own version of the boom and bust cycle that brought the developed world to its knees three years ago.
By Karl Schamotta, Senior Market Strategist | Jun 26 | iMoneywire
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
Bell FX Currency Outlook: Market sentiment turned negative on Friday as poorer jobs data in the US and weaker Chinese PMI figures moved equity markets lower as the possibility of further stimuli from central banks helped prevent the AUD from falling further.
By Christine Gaylican | Jun 04, 2012 | IBTimes AU
The USD begins the week near the middle of its recent well‐worn ranges against most of its major counterparts. While declining stocks, mixed economic data and renewed concerns over global economic growth are providing "safe‐haven" support, the demand is being largely offset by increased speculation that the Fed will pursue further monetary easing.
May 01, 2012 | Union Bank of California