New Zealand Dollar Weekly Fundamental Analysis Report
The February non-farm payroll report ended up being the main event of last week after smashing expectations and rising by 236k, which brings the number of jobs created by the US economy since November to more than 800k. The unemployment rate also edged down to 7.7% from 7.9% in January.
By Kathleen Brooks | Mar 09 | Forex.com
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
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 | 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 | 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
Euro - the new funding currency of choice - The global central bank liquidity fest - Will the Fed join the party? - A lot resting on the Bank of Japan's shoulders
By Kathleen Brooks | Jul 07 | Forex.com
- 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 | Forex.com
Some interesting US data releases are onthe calendar this week. On Wednesday, ChairmanBen Bernanke will mark the end of the two‐dayFOMC meeting by holding a press conference. Thestatement is expected to be in line with the softrhetoric seen from Bernanke since the lastmeeting, which has been further supported by theweak March jobs report.
Apr 24, 2012 | Union Bank of California
The USD begins the day stronger against nearly all of its major counterparts other than the JPY as investors' appetite for risk wanes. Stocks and commodities dropped early with concerns that the ongoing European debt crisis will weigh on global growth, but encouraging US data has offset the negative sentiment.
Apr 17, 2012 | Union Bank of California
v USD gained against the majority of its counterparts overnight as debt and growth concerns spur on risk aversion; v EUR pushed back towards the lower end of its recent ranges as yields on Spanish and Italian debt jump to the highest levels since late November; key resistance remains at 1.3004.
Apr 11, 2012 | Union Bank of California
The USD begins the week mixed as global equities take an early hit after last Friday's disappointing labor market data. Nonfarm payrolls fell far short of expectations at +120k for March, the lowest in five months, versus expectations of 205k.
Apr 10, 2012 | Union Bank of California