Tag Archives: Gold

FX Daily

Market movers today * With the deadline looming on Monday focus in the US will continue to be

FX Daily

Market movers today * In the data calendar focus is on durable goods orders and new home sales in the US.

FX Daily

Market movers today * In Europe the main focus will be the IFO business survey in Germany. We expect IFO to have improved in September to around 105 and

FX Daily

Market movers today * After financial markets have digested the outcome of the general election in Germany, focus will shift to flash PMIs for the euro area in September.

FX Sentiment Report

* Shifts in sentiment were biased against the USD following the Summers resignation and heading into Wednesday’s FOMC,

FX Daily

Market movers today * Euro area September consumer confidence is due for release. We expect an aboveconsensus improvement.

Daily FX Update

USD BULL STORY SHIFTS TO MORE BEARISH * USD is weak as Fed’s decision not to taper & a challenged communication style proves USD negative. These are major shifts for FX markets.

FX Daily

Market movers today * The Fed surprised the markets yesterday as it did not reduce the monthly bond buying

Heavy $ losses across the board. AUD/NZD break.

EUR/USD: Given the break above the summer peak an alternate wave count, a still uncompleted upside correction, must be put in place.

FX Daily

Market movers today * US monetary policy decision. We expect a very gradual start to QE tapering with only 10bn reduction in the monthly purchases.

Surprisingly strong SEK (& CAD)

EUR/USD: The weekly high remains within reach. The high end of the Fibo-adjusted short-term “Cloud” still supports.

FX Daily

Market movers today German ZEW expectations will show a strong improvement in September according to our model,