Post Tagged with: "Fundamental Analysis"
Robust US Recovery to Keep Fed Doves Low
The composition of the Federal Reserve has undoubtedly changed in favor of the doves. However, the strong recovery in the US, and the already loose monetary policy will likely remain unchanged. David Song of DailyFX discusses the Fed, China’s landing, Spain’s edge over Italy, Britain’s safe haven status and one currency which still has a
Europe is getting tougher with Greece
Conscious that Greece is simply not delivering on any of its previous pledges, Europe is finally adopting a more aggressive attitude towards their troubled member. Estonia’s central bank chief put it bluntly this morning when he stated that the problem right now is a lack of trust in Greece, and that the country would be
Fed Catches Up with ECB – More Dollar Gains Expected
What will happen with the dollar after QE2 ends? Will interest rates continue to be of very high importance to the Euro? Where is the Aussie headed? Answers to these questions and more in an interview with David Song of DailyFX. David Song studied macroeconomic policies under a visiting scholar at the Federal Reserve Bank
Fundamental Overview – Market Movers 11/29/2010
The greenback continued to show a lot of strength, making nice gains against the vast majority of major currencies last week,Only the New Zealand Dollar made a nice +0.6 percent gain versus the green note. The past week’s talk of defaults from Irish banks continued to some extent last week as the Irish financial crisis
Fundamental Overview – Market Movers Last Week – 11/15/2010
The U.S. Dollar shot up against all the major currencies last week on renewed risk aversion due to the unstable debt situation of the financially weaker members of the European Union, with rumors about a pending Irish default swirling around the market. In addition, last week was the first week since early October that the
Fundamental Overview – Market Movers Last Week – 11/08/2010
The U.S. Dollar lost considerable ground against all the major currencies last week, with the exception of the Japanese Yen which lost -1.2% against the Greenback. The U.S. Dollar’s decline was attributed primarily to the release of QE II, the new quantitative easing measures announced by the U.S. Federal Reserve Bank with the intention of
Fundamental Overview – Market Movers Last Week – 11/01/2010
The U.S. Dollar had a mixed week against the major currencies, falling against most of them, but gaining slightly against the Australian Dollar and the Euro. The set of economic data out from the United States had a net negative effect on the Greenback. The U.S. Dollar Index declined by -0.21 last week from 77.47
Fundamental Overview – Market Movers Last Week – 10/25/2010
The U.S. Dollar staged a corrective rally last week after several weeks of declining against the other major currencies. The Greenback rose against all of the other majors, with the sole exception of the Japanese Yen against which it fell a mere three pips. The U.S. Dollar Index gained + 0.43 points last week to
Fundamental Overview – Market Movers Last Week – 10/18/2010
The U.S. Dollar continued its decline against most of the other major currencies last week, with the exceptions of the New Zealand and Canadian Dollar that were each a few pips lower. Nevertheless, the Dollar’s fall last week was not as dramatic as previous weeks against the other major currencies that each gained only fractionally.
Fundamental Overview – Market Movers Last Week – 10/11/2010
The U.S. Dollar continued sliding against all the major currencies last week, extending the previous two weeks’ substantial losses even further. The U.S. Dollar Index lost -0.76 points last week to close at 77.33, showing a net loss of -0.98 percent on the week. The Dollar Index is now showing a net loss of 0.53