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FX Market Summary 08-23-2013: Dollar can’t find further gains 23 Aug 2013 | 07:49 pm
Trading ranges were generally narrow during much of Friday with an important element of caution as liquidity levels remained low. Equity markets had a firmer tone and emerging markets attempted to sta...
FX Market Summary 08-22-2013: Dollar finds fresh support 22 Aug 2013 | 08:03 pm
The dollar was able to draw some support from the Federal Reserve minutes and maintained a generally firm tone over the past 24 hours. The FOMC minutes contained a significant amount of cautious rheto...
FX Market Summary 08-21-2013: Sterling maintains a firm tone 21 Aug 2013 | 07:40 pm
Emerging-market currencies found some respite during Asian trading on Wednesday, although the relief was only temporary as the Indian rupee dipped to fresh record lows during the European session. The...
FX Market Summary 08-20-2013: Euro breaks to six-month highs 20 Aug 2013 | 07:51 pm
Emerging-market currencies remained under pressure in Asian trading on Tuesday with the Indian rupee and Indonesian rupiah again attracting selling interest as local bond yields spiked higher. There w...
FX Market Summary 08-19-2013: Bundesbank disturbs Euro calm 19 Aug 2013 | 07:51 pm
During Monday’s Asian session, there was further speculation that plans to raise the sales tax would have a damaging impact on the Japanese economy and potentially weaken the yen, at least in the medi...
FX Market Summary 08-16-2013: Dollar back on the defensive 16 Aug 2013 | 07:34 pm
After failing to extend gains, the dollar was crushed later in the US session on Thursday and struggled to regain lost ground on Friday. From lows near 1.32, EUR/USD spiked higher to a peak above 1.33...
FX Market Summary 08-15-2013: Employment hopes boost dollar 15 Aug 2013 | 07:46 pm
The dollar lost ground in Asian trading on Thursday as Japanese sources denied that the government was considering a move to cut corporate taxes to compensate for a higher sales tax. The Nikkei index ...
FX Market Summary 08-14-2013: Bank of England dissent boosts Sterling 14 Aug 2013 | 07:33 pm
Markets, with the exception of Sterling, were confined to narrower ranges on Tuesday as the dollar maintained a generally firmer tone, but unable to extend gains as Summer trading conditions continued...
FX Market Summary 08-13-2013: Dollar gains retail support 13 Aug 2013 | 08:00 pm
During Asian trading on Tuesday there was speculation that the Japanese government would introduce a cut in corporate taxes to help offset the planned sales tax increase. In response, there was a shar...
FX Market Summary 08-12-2013: Dollar tries to grab the initiative 12 Aug 2013 | 07:54 pm
The latest CFTC positioning data recorded a net long speculative Euro position against the dollar for the first time since mid June at just over 6,000 contracts which will substantially lessen the ris...
