July Market Overview

July Market Overview
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Monthly Currency Trading News $Us Dollar:  July started with much improved ISM Manufacturing and Non-Manufacturing PMI , followed by better than expected ADP Non-Farm Employment Change and Non-Farm Employment Change. Unemployment Claims decreased while Average Hourly Earnings m/m came below expectations. Unemployment Rate increased to 4.9%. Mid-month saw improved PMI m/m and Unemployment claims, CPI […]

June Market Overview

June Market Overview
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Monthly Currency Trading News $Us Dollar:  June started with disappointing CB Consumer Confidence and much improved ISM Manufacturing PMI. ADP Non-Farm Employment Change came above expectations while Non-Farm Employment Change was very disappointing (the lowest since September 2010) causing big weakening in US Dollar. Unemployment Claims and Crude oil came below expectations. Unemployment Rate came […]

Global Financial Market News

Global Financial Market News
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Greenback weakness The US payroll figure last Friday really put a thorn in the FOMC’s side. Most of the Fed members have been very hawkish in recent weeks, culminating with Janet’s commentary that the data is good and we expect to raise rates twice this year. That is now unlikely to happen, not even one […]

Dollar gains vs Pound, Euro as Brexit fears rise

Dollar gains vs Pound, Euro as Brexit fears rise
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What does it all mean? A referendum will be held on the Thursday 23rd June. The public vote will determine whether Britain will remain part of the European Union or exit. Britain to leave the EU is extremely favourable amongst the British people as they believe the rules and policies that are imposed on its […]

Monthly Currency Trading News

Monthly Currency Trading News
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May Market Overview $Us Dollar:  May started with disappointing ISM Manufacturing and increased Unemployment Claims while Non-Manufacturing PMI improved. This followed with disappointing ADP Non-Farm and Non-Farm Employment Change. Unemployment Rate remained at 5% and Average Hourly Earnings m/m came unchanged. Crude oil Inventories came above expectations first week and well below the second week. Core […]

April Market Overview

April Market Overview
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Monthly Currency Trading News $Us Dollar:  April started with improved CB Consumer Confidence and better than expected ADP Non-Farm and Non-Farm Employment Change. Unemployment Claims increased and Unemployment Rate went up back to 5%. Average hourly earnings m/m increased and Crude oil Inventories came below expectations.  ISM Manufacturing and Non-Manufacturing PMI improved.  Second week brought […]

March Market Overview

March Market Overview
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Monthly Currency Trading News $Us Dollar:  March started with improved ISM Manufacturing and Non-Manufacturing PMI and increased Unemployment Claims. This followed with better than expected ADP Non-Farm and Non-Farm Employment Change. Unemployment Rate remained at 4.9% and Average hourly earnings m/m and Crude oil Inventories came below expectations. Second week brought Crude Oil Inventories and […]

February Market Overview

February Market Overview
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Monthly Currency Trading News $Us Dollar:  February started on a low note with disappointing ISM Manufacturing and Non-Manufacturing PMI and increased Unemployment Claims. This followed with improved ADP Non-Farm and disappointing Non-Farm Employment Change. Unemployment Rate reduced to 4.9% and Average hourly earnings m/m came above expectations. Second week brought Crude Oil Inventories and UoM […]

4 Currencies You Need to Keep a Close Eye on in 2016

4 Currencies You Need to Keep a Close Eye on in 2016
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Last year saw two key developments in the currency markets. First, the U.S. dollar has been advancing relentlessly against every major currency, with its biggest gains it has coming against commodity exporters’ currencies. Secondly, the Chinese yuan had a surprising devaluation over the summer that led to a short and sharp correction in global equities. […]

January Market Overview

January Market Overview
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Monthly Currency Trading News $Us Dollar: Dollar rallied at the end of 2015 following the rate rise mid December and FOMC expectations of continuing improvement in the economy. January 2016 started with increased Unemployment Claims and ISM manufacturing and non-manufacturing PMI below expectations. This followed with greatly improved ADP Non-Farm and Non-Farm Employment Change and […]